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You are interested in a property that you expect to generate NOI of $225,000 next year. Your bank specifies a max LTV of 75% and

You are interested in a property that you expect to generate NOI of $225,000 next year. Your bank specifies a max LTV of 75% and a min DCR of 1.25. If you expect to purchase the property at a 5% cap rate, and the mortgage would be for 15 years at 6%.

18) What is the most the bank would lend you based on LTV?

19) What is the most the bank would lend you based on DCR?

20) What is the most the bank will lend you?

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