Question
Need the answer to this in excel format please; In a market experiencing a cap rate of 8%, a hotel is valued at 100 mi.
Need the answer to this in excel format please;
In a market experiencing a cap rate of 8%, a hotel is valued at 100 mi. A 30-year, monthly amortizing fixed rate mortgage at 7% is being considered to finance this hotel. The bank's underwriting criteria include the DSCR of 1.5 and the LTV of 70%.
| 1) Projected NOI |
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How To Trade In Stocks
Authors: Jesse Livermore
1st Edition
0071469796, 9780071469791
