Question 32 3.5 pts A lender is considering a loan on a property with a forecasted net operating income of $78,000. Current interest rates are 10 percent with a term of 25 years with monthly payments. If the lender uses a debt service coverage ratio (DSCR) of 1.2 for underwriting, what is the maximum amount of annual debt service that the property could support? O $78,000 O $85,050 $101,500 $98,600 O $65,000 Question 33 3.5 pts Based on the lender's underwriting requirements, what is the maximum loan amount available for a property with a forecasted net operating income of $78,000. Current interest rates are 10 percent with a term of 25 years with monthly payments. If the lender uses a debt service coverage ratio (DSCR) of 1.2 for underwriting, what is the maximum loan amount, rounded to the nearest $1,000? O $596,000 $780,000 $840,000 $650,000 $585,000 Question 34 3.5 pts A buyer has agreed to purchase Mr. Black's property for $128,000., The buyer will utilize debt financing under the following terms: 75 percent loan-to-value ratio 8 percent annual interest 20-year amortization period with monthly payments 20 year loan term What is the outstanding balance on the loan at the end of year five? $39,602 O $80,207 $56,108 O $40,702 $84,025