What report would show a project's anticipated revenue stream that a lender would look at to be sure the owner will have a positive revenue stream in order to repay the loan?

	A.	General Contractor Estimates
	B.	Over / unders
	C.	Statement of owner equities
	D.	Pro Forma

An entrepreneur is considering a new project consisting of an apartment building with 250 units. Each unit can be rented for $1,175/month. It is expected to have an average vacancy rate of 8%. Net operating expenses are budgeted as 30% of the project's gross annual income. What is the maximum yearly value of a loan payment if the company wants the payment to be no more than 19% of the profit?