Question: 26.What is the Debt Coverage Ratio (DCR) for a property with an NOI return of 5% and an 50% LTV interest-only mortgage with a rate

26.What is the Debt Coverage Ratio (DCR) for a property with an NOI return of 5% and an 50% LTV interest-only mortgage with a rate of 6%?

A. none of the choices are correct

B. 50%

C. 0.83

D. 1.67

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!