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Operating expenses and Capital expenditures are expected to be 4 0 % and 5 % of the EGI respectively. The mortgage on the property is

Operating expenses and Capital expenditures are expected to be 40% and 5% of the EGI respectively. The mortgage on the property is 70% LTV at a 6% interest rate with a 25-year term with monthly compounding.
A. What is the required equity investment (what is the required down payment)?(3 points)
B. Estimate NOI, the debt service paid in a year and the Before Tax Cash Flow. (6 points)

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