You are buying a property and are considering taking out a, Financial Management

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You are buying a property and are considering taking out a

You are buying a property and are considering taking out a 7% loan amortizing at a 30-year rate with monthly payments. Your first evaluation of the property indicates that it will have an NOI of $1,000,000 per year.

What is the maximum conceivable amount that might be loaned on the property, given this basic information on the available cash flow to repay the loan?

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Financial Management: You are buying a property and are considering taking out a

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