You have two properties to refinance. Property A is an office building that generates $325,000 in NOI and is worth $5,000,000. Property B is a warehouse that generates $425,000 in NOI and is worth $7,000,000. You are approaching a lender to see what can be offered on both. On the Office building, the loan amount will be the lesser of an LTV of 75% or a 1.30X DSCR, 4.00% fixed, and a 25-year schedule. On the Warehouse building, the loan amount will be the lesser of an LTV of 75% or a 1.30X DSCR, 4.00% fixed, and a 30-year schedule. What are the loan amounts for each property?

Answer rating: 100% (QA)

LTV of Property A 5000 00075 3750000 DSCR of Property A Net ... View the full answer