Question: Determine lender LTV and define the DSCR calculation based on the following assumptions. NOI: $625,500 Lender cap rate: 6.50% Loan proceeds: $7,200,000 Term: 5 Amortization:

Determine lender LTV and define the DSCR calculation based on the following assumptions.

  1. NOI: $625,500
  2. Lender cap rate: 6.50%
  3. Loan proceeds: $7,200,000
  4. Term: 5
  5. Amortization: 25
  6. Interest Rate: 3.25%
  7. Total debt service: $419,798

A) LTV: 1.25; DSCR: 75.9%

B) LTV: 74.8%; DSCR: 1.49

C) LTV: 75.9%; DSCR: 1.25

D) LTV: 1.49; DSCR: 74.8%

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