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Par. Siena is a 200-unit gavisen apartrent complex. Each unit a a is forecaiting the followng line Aems for the fint year - Property tax

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Par. Siena is a 200-unit gavisen apartrent complex. Each unit a a is forecaiting the followng line Aems for the fint year - Property tax \$1,000,000 - Insurance $100,000 - Marveranco $120,000 - Management expense $5100,000 - Capiear expenditures: $300,000 this property is 7% (foed for all years) interest rate of 6% ? What is the largest loan that can be oftered for this property if firut Capeal roqures a minamum dete coverage rate (OCR) of 1305 ? A. $24,088,455 B. 526,278,314 C $23,124,916 b $22,235,496 E $19,270,764

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