Question: You are purchasing a property for $11,000,000 with a 75% LTV. The annual payments Debt Service payments total $981,000. The property produces an NOI of

You are purchasing a property for $11,000,000 with a 75% LTV.

You are purchasing a property for $11,000,000 with a 75% LTV. The annual payments Debt Service payments total $981,000. The property produces an NOI of $1,200,000. What is the equity dividend rate

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