Question: Assume the following for a stablized real estate project: NOI: $125,000 per year. Interest Rate: 5.35% per year. Amortization Schedule: 25 years. Going-In Cap Rate:
Assume the following for a stablized real estate project:
NOI:
$125,000 per year. Interest Rate:
5.35% per year. Amortization Schedule:
25 years. Going-In Cap Rate:
6.00% per year.
Maximum Loan Amount Given the Following Constraints:
Maximum Loan-To-Value: 75.0%
Minimum Debt Service Coverage Ratio: 1.35
Minimum Debt Yield: 7.0%
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