The Bluth Co., owner of the Balboa Towers Phase II, has secured a $50.0M, 10Y, 65% LTV mortgage that carries a 3.75% coupon. The debt
The Bluth Co., owner of the Balboa Towers Phase II, has secured a $50.0M, 10Y, 65% LTV mortgage that carries a 3.75% coupon. The debt is interest only for the first 5 years of the term. The in-place NCF for Balboa Towers Phase II is $4.750M. Note: Convert annual to monthly for amortization calculations
- What is the Debt Yield?
- What is the Interest-Only DSCR (Actual/360)?
- What is the Amortizing DSCR?
- What is the loan balance at maturity?
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To calculate the answers to your questions well go step by step 1 Debt Yield Debt Yield is calculated by dividing the Net Operating Income NOI by the ...
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Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
