Calculating Loan Size (Interest Only) A property generates $100,000 in net annual cash flow. The lender requires

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Calculating Loan Size (Interest Only)

A property generates $100,000 in net annual cash flow. The lender requires debt service coverage of 1.25 times on a ten-year interest only loan at an 8 percent annual rate. How much can be borrowed on this property?

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An Introduction To Real Estate Finance

ISBN: 9780123786265

1st Edition

Authors: Edward Glickman

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Question Posted: Oct 17, 2024 05:00 AM

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Calculating Loan Size (Interest Only) A property generates $100,000 in net annual cash flow. The lender requires

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An Introduction To Real Estate Finance

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