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)?

Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.