You purchase a building that generates a stabilized NOI of $900,000 and has a capitalization rate of 8%. It has been financed with mortgage loan of $6,750,000 with a 5-year term, a 25-year...

You purchase a building that generates a stabilized NOI of $900,000 and has a<br>capitalization rate of 8%. It has been financed with mortgage loan of $6,750,000 with<br>a 5-year term, a 25-year amortization and an interest rate of 6%.<br>c).<br>Calculate the loan balance at the end of one year<br>(ROUND TO THE NEAREST DOLLAR)<br>Answer:<br>

Extracted text: You purchase a building that generates a stabilized NOI of $900,000 and has a capitalization rate of 8%. It has been financed with mortgage loan of $6,750,000 with a 5-year term, a 25-year amortization and an interest rate of 6%. c). Calculate the loan balance at the end of one year (ROUND TO THE NEAREST DOLLAR) Answer:

Jun 08, 2022

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You purchase a building that generates a stabilized NOI of $900,000 and has a capitalization rate of 8%. It has been financed with mortgage loan of $6,750,000 with a 5-year term, a 25-year...

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