Using the information below and assuming a 30 year amortized 65% LTV at 7% rate what is the DSCR ratio? 120 Jefferson PURCHASE PRICE $2,000,000 Rent $180,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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Using the information below and assuming a 30 year amortized 65% LTV at 7% rate what is the DSCR ratio?
120 Jefferson
PURCHASE PRICE $2,000,000
Rent
$180,000
Transcribed Image Text:Using the information below and assuming a 30 year amortized 65% LTV at 7% rate what is the DSCR ratio? 120 Jefferson PURCHASE PRICE $2,000,000 Rent $180,000
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