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Suppose a property has the following financials: . . . Initial Equity = $200,000 Value = $1,175,000 NOI = $127,000 Annual Debt Service = $108,000

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Suppose a property has the following financials: . . . Initial Equity = $200,000 Value = $1,175,000 NOI = $127,000 Annual Debt Service = $108,000 Loan Amount = $975,000 BTCF = $19,000 . . . What is the free-and-clear rate of return? O 11.25% 8.50% O 9.52% 10.81%

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