Using the information below, what loan amount can be offered assuming a 9% debt yield? Round to
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Question:
Using the information below, what loan amount can be offered assuming a 9% debt yield? Round to nearest dollar:
Gross Potential Income $ 1,500,000
Submarket Vacancy 3%
Property Vacancy 7%
Total Expenses $675,000
Estimated Annual Average Future TI/LC $120,000
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: