You are under contract to purchase a property for $50,000,000 at a 5.5% cap rate. You have received term sheets from three different lenders who are willing to finance the acquisition. Each lender is offering a 5 year loan with a 4.00% interest rate and 30 year amortization period, but they differ on loan amount. Lender A is willing to finance up to a 1.30x DSCR. Lender B is willing to finance up to an 7.75% DY. Lender C is willing finance up to a 65% LTV. What is the monthly debt service for Loan C?
-$155,160
-$156,623
-$1,300,000
-$1,879,478

Question

09-07-2024
Business

Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

You are under contract to purchase a property for $50,000,000 at a 5.5% cap rate. You have received term sheets from three different lenders who are willing to finance the acquisition. Each lender is offering a 5 year loan with a 4.00% interest rate and 30 year amortization period, but they differ on loan amount. Lender A is willing to finance up to a 1.30x DSCR. Lender B is willing to finance up to an 7.75% DY. Lender C is willing finance up to a 65% LTV. What is the monthly debt service for Loan C?
-$155,160
-$156,623
-$1,300,000
-$1,879,478

Sagot :

We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.

Show that the sum of the items of the arithmetic progression [tex]$\log x, \log x^2, \log x^3, \log x^4, \ldots, \log x^{15}$[/tex] is [tex]\(\frac{n(n+1)}{2}

Jackson is a graduating senior with autism spectrum disorder (ASD) who will soon begin a new job shelving books and helping to maintain records at the local lib

How is the graph of [tex]$ y = -\sqrt[3]{x-4} $[/tex] transformed to produce the graph of [tex]$ y = -\sqrt[3]{2x} - 4 $[/tex]?A. The graph is stretched hor

Expand and simplify:(x - 5)(4x + 11)

To make sure that all customers can access only approved resources, marie is auditing her public cloud identity systems. She wants to control specific access an

How can map scales be useful? Choose four correct answers.A. To measure distancesB. To determine the size of a geographic areaC. To measure the volume of bodies

What is the slope of the line represented by [tex]$ y = x - 9 $[/tex]?A. [tex]$ y $[/tex]B. 0C. 1D. 9

Answer whether the following statements are True or False. Explain.According to empirical research, higher effective corporate tax rates induce higher investmen

A family borrowed $60,000 to buy a house. The loan was at 6.6% and for 25 years. The monthly payments were $408.88 each. How much of the first month's payment w

Microsoft Corporation reported earnings per share of $2.02 in 2009 and $5.46 in 2019. At what compound annual growth rate did earnings per share grow over this

Sagot :

Other Questions