Business, 11.12.2019 17:31 tiannaetzel

4. you decide you want to take out a loan to finance the purchase of this property. it will be an io loan at a rate of 6.25%, compounded annually, with annual payments. the lender will provide financing up to a minimum debt service coverage ratio (dscr) of 1.2 based off of the 1st year noi. what is the largest annual loan payment the lender will allow you to make based on the dscr? 5. if you get a loan that corresponds to the largest annual loan payment the lender will allow you to make based on the dscr (computed in part 4), what will be your net income (ni) in the first year? (a) 100,000 (b) 105,125 (c) 107,525 (d) 110,625 6. what is the largest loan a lender is willing to provide you with based on question 4? (assume this is an io loan at 6.25%) 7. the seller’s asking price for the property is $7,000,000. if the lender has a maximum 70% ltv requirement what is the most the bank will lend you (the largest loan based on ltv constraint only, ignoring dscr)?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 12:50, axelsanchez7710

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

Answers: 3

continue

Business, 22.06.2019 17:30, leannhb3162

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

Answers: 2

continue

Business, 22.06.2019 20:50, xXwolfieplayzXx

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?

Answers: 3

continue

Business, 22.06.2019 21:00, nasrah

Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost

Answers: 2

continue

You know the right answer?

4. you decide you want to take out a loan to finance the purchase of this property. it will be an io...