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Business, 12.02.2022 05:10 jlewis711777

If you are planning to buy a fully leased apartment building in Glendale, California at an acquisition cap rate of 5.0%, and you finance a portion of the purchase price with a 10-year interest-only loan at a fixed annual interest rate that is lower than the 5.0% acquisition cap rate, and the loan has no points, fees or other closing costs, then the before tax ROE for your investment will be:

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