Question: **Please show work in excel What is the difference in the first years return on equity between LTV of 50% and interest rate of 4%
**Please show work in excel
What is the difference in the first years return on equity between LTV of 50% and interest rate of 4% and LTV of 70% and interest rate of 3.5%? Everything else the same. Term is 25 years with monthly payments. Purchase price if $1,000,000. Rent, net of expenses, is 70,000.
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