Question
What is the value of this property? It has a Break Even Ratio of 60%, operating expenses of $30,000 and debt service of the same
What is the value of this property? It has a Break Even Ratio of 60%, operating expenses of $30,000 and debt service of the same amount. There is no allowance for vacancies. The property has an EDR of 10% and was funded with a loan equal to 50% of its purchase price.
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
