Question: A lender requires a 1.3 debt coverage ratio as a minimum. If the net operating income of a property is $88,400 what monthly amount of

A lender requires a 1.3 debt coverage ratio as a minimum. If the net operating income of a property is $88,400 what monthly amount of debt service would be acceptable?

	a.	$114,900 or higher
	b.	$5,667 or lower
	c.	$101,500 or lower
	d.	$114,900 or higher

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