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Next year's projected NOI: $650,000 Interest rate: 4.00% Term: 30 Amortization: 30 Purchase price: $15,000,000 Down payment: $3,500,000 Question 6 What is the LTV? 0

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Next year's projected NOI: $650,000 Interest rate: 4.00% Term: 30 Amortization: 30 Purchase price: $15,000,000 Down payment: $3,500,000 Question 6 What is the LTV? 0 33.33 80.00 O 75.00 76.67 None of these are correct Question 7 What is the annual debt coverage ratio? None of these are correct O 1.15 O 1.25 O 0.99 O 2.03 Question 8 What is the annual debt yield? 5.65 5.73 None of these are correct 655 433

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