Question 15 10 pts In the property described in Question #14, assume the permanent loan repays the amount of the construction loan plus 25% of the original equity invested in the project. The permanent loan interest rate is 4.50% and the amortization is 25 years. Complete the table below and show how you calculated the answer. construction loan repayment original cash equity permanent loan amount permanent loan debt service cash equity after refinancing return on equity after refinancing Question 14 10 pts A construction loan funds 70% of costs for a $10 mm project, plus interest accruing at 5%/year for 2 years. The loan draw is 40% in yr 1 and 60% in yr 2. The pro-forma NOI IS $700,000. Complete this table and show how you answered the