Question: Jensen Bank is making a commercial real estate loan on Jackson Apartments with the following data; purchase price of $ 2 0 million, loan to
Jensen Bank is making a commercial real estate loan on Jackson Apartments with the following data; purchase price of $ million, loan to value ratio of minimum debt service coverage of times, interest rate of cap rate of and year amortization. Which of the following statements is false? A the cashoncash return in year one is B the balance of the loan at the end of months is $ C the loan yield is D the debt coverage ratio is times.
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