Question: Valuation Exercise What is the Price assuming a maximum loan to value of 70%? Given Information: Average Daily Rate: $101.46 Occupancy: 58.1% Number of Rooms:

Valuation Exercise

What is the Price assuming a maximum loan to value of 70%?

Given Information:

Average Daily Rate: $101.46

Occupancy: 58.1%

Number of Rooms: 129

Gross Profit Margin: 30%

Debt Coverage Ration: 1.3

Loan Assumptions:

30 Year Loan

Monthly Payments

Interest Rate 6%

Loan amount 70% of Total Value or DCR

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