Question
Valuation Exercise What is the Price assuming a maximum loan to value of 70%? Given Information: Average Daily Rate: $101.46 Occupancy: 58.1% Number of Rooms:
Valuation Exercise
What is the Price assuming a maximum loan to value of 70%?
Given Information:
Average Daily Rate: $101.46
Occupancy: 58.1%
Number of Rooms: 129
Gross Profit Margin: 30%
Debt Coverage Ration: 1.3
Loan Assumptions:
30 Year Loan
Monthly Payments
Interest Rate 6%
Loan amount 70% of Total Value or DCR
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
