QUESTION 2 You want to get a commercial real estate mortgage of $6227563. You are offered a monthly payment loan with 5.75% interest and a 25 year amortization schedule with a balloon payment at the end of 7 years. What will be your monthly mortgage payment? State your answer as a number rounded to two decimal points (e.g. if the answer is $2345.123, write 2345.12) QUESTION 3 You want to purchase an office building. The property contains 37493 square feet of rentable space and is currently occupied by multiple tenants, each with a recently renewed long maturity lease. The annual rent in the 1st year of ownership is $29.12/sq ft. The vacancy rate is 6.5%. You expect to incur collection losses (from tenant default) on 1.5% of the square feet during your first year. What is the Potential Gross Income (PGI) for the first year? State your answer as a number rounded to the nearest cent (e.g. If you get $13.57654, write 13.58) E