please show work for question 4 & 5

Question 4 (3 points) You are looking to acquire a property and need to calculate debt service. The property has NOI of $40,000 and the price is $830,000. You are in discussions with your lender and are anticipating a down payment of 35% (meaning your loan amount is 65% of the price) and a mortgage constant of 0.06442. QUESTION: How much will your annual debt service be? Please upload your work below, making sure to: (1) show the formula for calculating debt service using a mortgage constant and (2) explain how you calculated debt service in the previous question Your Answer: Answer Add attachments to support your work Question 5 (3 points) You own a property and need to calculate the debt coverage ratio to make sure you comply with lender reporting requirements. The property's NOI is $26,000. You acquired the property for $455,000. The loan included a down payment of 30% and a mortgage constant of 0.06442. QUESTION: What is your debt coverage ratio (DCR)? Enter your answer with 2 decimal points. For example, if you calculated 1.5427, you would enter 1.54 instead of rounding down to 1.5. Please upload your work below, making sure to: (1) show the formula for the DCR and (2) explain how you calculated the DCR in this questich Your