Question: Question 2 (1 point) Listen You are considering purchasing an office building for $3,500,000. You expect the first year NOI to be $305000. Using a

 Question 2 (1 point) Listen You are considering purchasing an office

Question 2 (1 point) Listen You are considering purchasing an office building for $3,500,000. You expect the first year NOI to be $305000. Using a 75% LTV loan, 25 year amortization and 4.5% APR, what is the Debt Coverage Ratio? Use only a decimal point (.) for punctuation round to 2 decimal places. Your Answer: W Answer Question 3 (1 noint)

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