For problems $6-10,$ consider a building valued at $$11,000,000$ and a first$-$year NOI of

$$715,000.$ It is financed with an $$8,000,000,5\mathrm{.}5\%,30-$year fixed rate loan with $2\%$ loan fees.

What is the cap rate?

$9\mathrm{.}4\%$

$5\mathrm{.}2\%$

$8\mathrm{.}9\%$

$6\mathrm{.}5\%$

What is the loan$-$to$-$value ratio?

$72\mathrm{.}7\%$

$65\mathrm{.}3\%$

$83\mathrm{.}4\%$

$55\mathrm{.}1\%$

What is the debt coverage ratio?

$6\mathrm{.}5\%$

$8\mathrm{.}9\%$

$1\mathrm{.}31$

$1\mathrm{.}25$

What is the debt yield ratio?

$6\mathrm{.}5\%$

$8\mathrm{.}9\%$

$1\mathrm{.}31$

$1\mathrm{.}25$

What is the cash$-$on$-$cash return?

$5\mathrm{.}4\%$

$10\mathrm{.}8\%$

$-2\mathrm{.}6\%$

$7\mathrm{.}3\%$