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Question: Assume the following for a stablized real estate project: begin{tabular}{|l|r|r|l|} hline NOI: & & $375,000 & per year. hline Interest Rate: & &

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Question: Assume the following for a stablized real estate project: \begin{tabular}{|l|r|r|l|} \hline NOI: & & $375,000 & per year. \\ \hline Interest Rate: & & 6.50% & per year. \\ \hline Amortization Schedule: & & 25 & years. \\ \hline Going-In Cap Rate: & & 7.50% per year. \\ \hline \end{tabular} Calculate the maximum loan amount assuming ALL of the following constraints apply: \begin{tabular}{|l|c|c|} \hline Maximum Loan-To-Value: & & 75.0% \\ \hline Minimum Debt Service Coverage Ratio: & & 1.25 \\ \hline Minimum Debt Yield: & & 8.5% \\ \hline \end{tabular}

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