small office building for 1,475,000 the expected first year potential gross income is 550,000 with a vacancy loss equal to 15% of the PGI. Operating expresses and capital expenditures are expected to be 40% and %% of the EGI respectively. The mortgage on the property is 70% LTV at a 6% interest rate with a 25 year term with monthly compounding. A. what is the required equity investment (what is the required down payment) b. estimate NOI, the debt service