What loan-to-value ratio m is implied for the following
What loan-to-value ratio (M) is implied for the following property if the debt coverage ratio (DCR) is 1.15?
Property value: $2,800,000
Net operating income: $180,000
Loan terms: 30 years at 8% interest, fully amortized
Assume annual payments
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what loan-to-value ratio m is implied for the following property if the debt coverage ratio dcr is 115property value
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