question archive 13) Consider a property with net operating income (NOI) of $302,400 and a debt coverage ratio of 1

13) Consider a property with net operating income (NOI) of $302,400 and a debt coverage ratio of 1

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13) Consider a property with net operating income (NOI) of $302,400 and a debt coverage ratio of 1.8 applied to first year NOI. What would be the estimated monthly mortgage payment?

A) $14,000

B) $14,500

C) $15,400

D) $15,500

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