Question: i need help with 18 tek = 3,500,000 og ovyo. 18. Ann wants to buy a building. The annual NOI for the building will be
i need help with 18tek = 3,500,000 og ovyo. 18. Ann wants to buy a building. The annual NOI for the building will be $100,000. She wants to get a 10- year interest only fixed rate mortgage at an annual rate of 5% with annual compounding and annual payments to buy the building. The lender has a minimum Debt Service Coverage Ratio (DSCR) of 1.20. If Ann gets a 50% LTV loan for $500,000, what is her DSCR? NOI PMT 7, 1.20, or 100,000 0,000> -12A31BBIA3 1.20 100000(500,000 5%) (-1)/1.0510 19. You observe a REIT, which currently pays a dividend per share of $3.00. You expect dividends to grow 3.5% and believe the required return for this stock should be 8.75%. Using the Gordon Growth Model, what should be the price per share? 000 25,000.00 $200 x 2330
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
