Business, 20.05.2021 21:40 tddreviews
Given the following information, calculate the debt coverage ratio of this commercial loan:
Estimated net operating income (NOI) in the first year: $150,000
Debt service in the first year: $100,000
Loan amount: $1,000,000
Purchase price: $1,300,000.
Answers: 3
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Given the following information, calculate the debt coverage ratio of this commercial loan:
Estimat...
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