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Let us assume that an investor can obtain an 80% LTV loan for a property valued at 500,000 at a 10% interest rate to be
Let us assume that an investor can obtain an 80% LTV loan for a property valued at 500,000 at a 10% interest rate to be amortized over 25 years with monthly payments. If the property generates $70,000 net operating income per year, answer the following.
What is the amount of DS?
a. $43,617.64
b. $54,522.04
c. $44,067.23
d. $41,436.75
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