Question
The Debt Coverage Ratio is the ratio of Net Operating Income (NOI) to debt service. If the monthly NOI from an asset is $157,000 and
The Debt Coverage Ratio is the ratio of Net Operating Income (NOI) to debt service. If the monthly NOI from an asset is $157,000 and current Debt Coverage Ratios are 1.4, what can you borrow if the interest rate is 10% based on the monthly payments and twenty-year amortization?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
