Question
The acquisition price of a property is $380,000. The loan amount is $285,000. If the propertys NOI is expected to be $22,560, operating expenses $12,250,
The acquisition price of a property is $380,000. The loan amount is $285,000. If the propertys NOI is expected to be $22,560, operating expenses $12,250, and the annual debt service $19,987, the debt coverage ratio (DCR) is approximately equal to
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Principles Of Sustainable Finance
Authors: Dirk Schoenmaker, Willem Schramade
1st Edition
0198826605, 978-0198826606
