End of Chapter 20 Questions and Answers
A property has an stable net operating income of $1,500,000 per year. With a loan to value ratio of 75%, a required debt service coverage ratio of 1.20, and contract rates at 9.0% for 25 year am, 5 year balloon notes, what is the maximum mortgage that this property can borrow? Answer: $1,500,000/1.2/12 = $104,166.67 for payments that support $12,412,669 for a 9% 25 year amortization. The 5 ... ................
................
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- fun trivia questions and answers for kids
- percentage questions and answers pdf
- biology questions and answers pdf
- trivia questions and answers for kids
- fun trivia questions and answers for adults
- easy trivia questions and answers printable
- general knowledge questions and answers 2018
- english questions and answers pdf
- genesis questions and answers study g
- music trivia 1960s questions and answers printable
- 1960s music trivia questions and answers printable
- 2018 trivia questions and answers printable