Question
Total rent revenue = GPR Vacancy Loss = 1,000,000 50,000 10,000 = $940,000 NOI = Total rent revenue Total expenses = 940,000 (300,000 + 175,000)
Total rent revenue = GPR Vacancy Loss
= 1,000,000 50,000 10,000
= $940,000
NOI = Total rent revenue Total expenses
= 940,000 (300,000 + 175,000)
= 940,000 475,000
= $465,000 (Answer)
Your friend is a mortgage broker with a Fannie License. Hehas indicated that Fannie will give you a loan the lesser of 80% or 1.25 DSCR constrained. The interest rate for the Fannie loan will be 5% and have a 30 year amortization. Based on that, what is the amount of the loan you think you can get from Fannie. Show your work/methodology for sizing both of these loans.
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The Handbook Of Financial Communication And Investor Relations
Authors: Alexander V. Laskin
1st Edition
1119240786, 978-1119240785
