Use the following information to answer the next five questions:

Consider a property with the following pro forma operating statement:

PGI	$1,200,000
- V&C	60,000
EGI	1,140,000
- OE	456,000
NOI	684,000

The property can be purchased for $8.55 million. Financing is available for 75 percent of the purchase price with annual debt service payments of $519,572.

What is this property's breakeven ratio? A. 2.31 B. 1.17 C. 1.32 D. 0.86

What is this property's cash-on-cash-return?

A.

8.00%

B.

12.50%

C.

1.92%

D. 7.69%

What is this property's debt-coverage ratio?

	A.	1.32
	B.	2.31
	C.	1.17
	D.	0.86