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What is the maximum loan amount the lender

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Projected first year NOI is 40,000 and desured debt coverage ratio is to be 1.20x. assume the interest rate of 7% and amortization period of 25 years. what is the maximum loan amount the lender us willing to lend?

33,333 412,510 178,897 254,036 393,019

Reference no: EM132731412

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