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The answer is in blue, I just need to know how to get that number, thank you! 4. Suppose your property produces an annual NOI

The answer is in blue, I just need to know how to get that number, thank you!image text in transcribed

4. Suppose your property produces an annual NOI of $50,000. You are looking at taking a mortgage loan with a 10-year term that is amortized over 30 years at a 6% interest rate. Payments would be due monthly. What is the maximum loan amount you can take if the lender requires a minimum DCR of 1.25? (round down to not exceed the max loan amount). 555,9721

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