Question 30 (4 points) Calculate the levered cash-on-cash return for the Sinclair Building based on the following information: Property was purchased for $12 million, with $8 million of debt and $4 million of equity. The Net Operating income is $780,000 The annual Debt Service is $560,000. What is the levered c-O-c return? State your answer as a percentage out to 1 decimal place. x.x% A