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You are considering purchasing an office building for $3,500,000 You expect the first year NOI to be $305000 Using a 75% LTV loan, 25 year

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You are considering purchasing an office building for $3,500,000 You expect the first year NOI to be $305000 Using a 75% LTV loan, 25 year amortization and 4.5% APR, what is the Debt Coverage Ratio? Use only a decimal point for punctuation round to 2 decimal places Your

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