Question
Your building has been appraised at $2,000,000 using a cap rate of 10%. The lender is willing to provide you a 5-year mortgage loan with
Your building has been appraised at $2,000,000 using a cap rate of 10%. The lender is willing to provide you a 5-year mortgage loan with an LTV of 70%, an amortization period of 25 years and a mortgage interest rate of 7%. What will be your DSCR?
a. 1.9
b. 1.5
c. 0.7
d. 1.4
e. 1.7
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How To Trade Stocks For A Living The Ultimate 4 Book Compilation
Authors: Mark Lowe
1st Edition
B08BQRC9S5
