This is an extension of the problem #29. The problem again states as follows: 4th A property that generates NOI of $65,000 in first year, $75,000 in 2nd, $77,000 in 3rd, and $85,000 in year is expected to sell in year 4 for $1,200,000. The property was purchased with cash for $900,000. Given the findings in/from problems #30 and #31, would you rather invest in another property with the same rate of return that has 4 years remaining on the current lease whose percentage of IRR attributed to the operating income stands at 35%? Yes No Can't be determined based on this info Question 32 (5 points) Projected first year NOI is $40,000, and the desired debt coverage ratio (DCR) is to be 1.20%. Assume the interest rate of 7% and the amortization period of 25 years. What is the maximum loan amount the lender is willing to lend? $33,333 $254,036 $412,510 $178,897 $393,019 This is an extension of the problem #29. The problem again states as follows: 4th A property that generates NOI of $65,000 in first year, $75,000 in 2nd, $77,000 in 3rd, and $85,000 in year is expected to sell in year 4 for $1,200,000. The property was purchased with cash for $900,000. Given the findings in/from problems #30 and #31, would you rather invest in another property with the same rate of return that has 4 years remaining on the current lease whose percentage of IRR attributed to the operating income stands at 35%? Yes No Can't be determined based on this info Question 32 (5 points) Projected first year NOI is $40,000, and the desired debt coverage ratio (DCR) is to be 1.20%. Assume the interest rate of 7% and the amortization period of 25 years. What is the maximum loan amount the lender is willing to lend? $33,333 $254,036 $412,510 $178,897 $393,019