Question: Please solve Question 24 and 25 both please please please 24. A lender requires a minimum 1.25 debt coverage ratio and will loan you money

 Please solve Question 24 and 25 both please please please 24.

Please solve Question 24 and 25 both please please please

24. A lender requires a minimum 1.25 debt coverage ratio and will loan you money at 8%. annual payments for 10 years. If the annual net operating income on your property is $500,000 what is the maximum amount of money the lender will loan you and still satisfy the debt coverage ratio? Assume a normal amortizing loan. 25. Suppose you have a real estate investment that your NOI for the current year is $400,000, Your lender requires a 20 percent participation in any NOI above $250,000. If your normal debt service (without the participation portion) is $100,000, what is your BTCF for the year

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