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Question #50 of 50 Question ID: 918826 A lender has reviewed the financial statements for an apartment property, and the lender requires a debt...

Question #50 of 50

Question ID: 918826

A lender has reviewed the financial statements for an apartment property, and the lender requires a debt coverage ratio of 1.4. If the mortgage payment will be $100,000 annually, the lender will require that the property generate

A)

$14,000 cash flow.

B)

$140,000 net operating income.

C)

$140,000 cash flow.

D)

$71,429 net operating income.

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