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Please include how to solve problem with the TVM Solver Your bank specifies a max LTV of 85% and a min DCR of 1.2. What
Please include how to solve problem with the TVM Solver
Your bank specifies a max LTV of 85% and a min DCR of 1.2. What is the largest loan it would provide on a property that is valued at $1.25 million with an expected NOI of $125,000 ? Assume the mortgage Nould be for 15 years at 3%. Your bank specifies a max LTV of 85% and a min DCR of 1.2. What is the largest loan it would provide on a property that is valued at $1.25 million with an expected NOI of $125,000 ? Assume the mortgage Nould be for 15 years at 3%Step by Step Solution
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