Question: Calculate 'Market Value' based on the financing information provided below. Please provide step by step explanation. Total Loan Amount$4,326,031 Construction Loan Interest Rate 3.50% Permanent

Calculate 'Market Value' based on the financing information provided below. Please provide step by step explanation.

  • Total Loan Amount$4,326,031
  • Construction Loan Interest Rate 3.50%
  • Permanent Loan Interest Rate 5.50%
  • Loan to Value 70%
  • Amortization (years) 30
  • Loan Term (years) 10
  • Lender Required DCR (min.) 1.20
  • Interest-Only Period N/A
  • Market Cap Rate 8.25%
  • Your Required ROE 10.0%

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