Question: Can I get help on how to get the Amount of Annual Debt Service? Total Project Cost $ 28,000,000 0.08 Lenders Standards Interest Rate Amortization

Can I get help on how to get the "Amount of

Can I get help on how to get the "Amount of Annual Debt Service"?

Total Project Cost $ 28,000,000 0.08 Lenders Standards Interest Rate Amortization rate Debt Service Coverage Ratio Loan to Value 40 Years 1.5 60% Projected annual cash flow $ 2,500,000 Investors hurdle rate 18.0% Terminal sale would occur at the end of year 10 Requried: Calculate the following in the area below using EXCEL Formulas. Show your work Maximum loan based on: Loan to Value Debt Service Coverage Ratio $ $ 16,800,000 42,000,000 Amount of Annual Debt Service

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