Question: Question 4 1 pts Consider a property with a first year NOI of $70,000 and a debt coverage ratio of 1.1 applied to first year

Question 4 1 pts Consider a property with a first year

Question 4 1 pts Consider a property with a first year NOI of $70,000 and a debt coverage ratio of 1.1 applied to first year NOI. How much could be borrowed against the property with a mortgage with a term of 30 years and an interest rate of 4% with monthly payments

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