You decide you want to take out a loan to finance the purchase of this property. It will be an IO loan at a rate of $6\mathrm{.}25\%,$ compounded annually, with annual payments. The lender will provide financing up to a minimum Debt Service Coverage Ratio $($DSCR$)$ of $1\mathrm{.}2$ based off of the $1$st year NOI.

What is the largest annual loan payment the lender will allow you to make based on the DSCR$?$

$537,652$

$537,625$

$537,265$

$537,256$