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Next year's projected NOI: $950,000 Interest rate: 4.00% Term: 15 Amortization: 15 Purchase price: $15,000,000 Down payment: $2,500,000 Question 6 What is the annual debt

Next year's projected NOI: $950,000 Interest rate: 4.00% Term: 15 Amortization: 15 Purchase price: $15,000,000 Down payment: $2,500,000 Question 6 What is the annual debt yield? 5,65 None of these are correct 6.95 7.60

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