Question: Can you show your work in excel please Given the following information, calculate the debt coverage ratio for this investment: potential gross income: $120,000; vacancy
Can you show your work in excel please
Given the following information, calculate the debt coverage ratio for this investment: potential gross income: $120,000; vacancy rate: 9%; net operating income: $57,900, operating expenses: $51,300; acquisition Price: $520,000; debt service: $40,000. Please show your work. Please put the actual numerical answer in the text box
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