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plesse asswer all five questions. Thank you! answer question #2 and questions A. detail step by step. Thank you! In ACTUAL TAB 1. What is

plesse asswer all five questions. Thank you!
image text in transcribed
answer question #2 and questions "A." detail step by step. Thank you! image text in transcribed
image text in transcribed
In ACTUAL TAB 1. What is tho CAPRATE? You are applying for a loan. Purcahse price is $2,000,000. Loan wil be 30 year amortization at 7% with a 60% LTV 4. Chase is confortmable with a DSCR of 1.1. Are you eligible for a loan? If you are what is the maximum ban amout? What is the CASH ON CASH return? If rent were to increase by 20% and property tax rate is 9.67%, would we be eligible for a 70% LTV 30 year amortized mortgage at 7.5% if DSCR is 1.2? What is the maximum loan size? 120 Jefferson PURCHASE PRICE $2,000,000 Rent $167,880 \begin{tabular}{lr} Taxes & $16,242 \\ \hline Utilities & $4,000 \\ \hline GL Insurance & $5,000 \\ \hline Management & $3,600 \\ \hline Maintenance & $3,600 \\ Snow Removal & $1,000 \\ Repairs & $7,500 \\ & $40,942 \\ \hline \end{tabular} NOI $126,938 2. You are applying for a ban Purcahse price is $2,000,000. Loan wil be 30 yoar amorturation at 7% with a 60N L. TV A. Chire is cortifortmable with a DSCR of 1.1 Are you eligible for a loan? If you are what is the maxmum loan amour

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