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Using DSCR the largest loan you can expect? After determining what the maximum loan amount is going to be use that number to determine what
Using DSCR the largest loan you can expect?
After determining what the maximum loan amount is going to be use that number to determine what the balloon payment will be at the end of the loan term? (use assumptions from above)
Ignoring the LTV constraint used above, what would the annual NOI have to be to justify a $18,000,000 loan, based on a DSCR of 1.35? (use loan assumptions from above)
Assume that a seller is asking $30,000,000 for an office building. You approach the bank about arranging a loan, and the bank's appraiser also concludes that the value of the property is $30,000,000. The following are the bank's standard terms for commercial mortgages: LTV 65% DSCR 1.45 Term 5 years Amort.30 years Rate 6.75% (monthly compounding) NO $2,950,000 What is the most the bank will loan you? Why? (use the assumptions from above)Step by Step Solution
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