Question
Using the information below, what loan amount can be offered assuming a 9% debt yield? Round to nearest dollar: Gross Potential Income $ 1,500,000 Submarket
Using the information below, what loan amount can be offered assuming a 9% debt yield? Round to nearest dollar:
Gross Potential Income $ 1,500,000
Submarket Vacancy 3%
Property Vacancy 7%
Total Expenses $675,000
Estimated Annual Average Future TI/LC $120,000
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
