Question: Question 9 10 pts A commercial property has expected first year NOI of $57,000. If the required debt coverage ratio is 1.25 for a mortgage
Question 9 10 pts A commercial property has expected first year NOI of $57,000. If the required debt coverage ratio is 1.25 for a mortgage at 6% with 30-year amortization, what is the maximum loan amount? O $511,045 O $533,733 O $567,091 O $600,450 O $633,808
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