Question: real estate principles Use the below information to answer the following 3 questions regarding commercial mortgage underwriting Next year's projected NOI: $900,000 Purchase price: $10,000,000
real estate principles

Use the below information to answer the following 3 questions regarding commercial mortgage underwriting Next year's projected NOI: $900,000 Purchase price: $10,000,000 Down payment: $2,000,000 What is the annual debt yield? None of these are correct 11.25 13.33 15.00 14.56
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