DSCR
Debt service coverage ratio at the proposed loan amount and coupon.
Coverage
1.31x
Annual debt service $1,108,291. Most lenders require 1.25x or better on stabilized assets.
LTV
Loan-to-value against appraised or as-is value.
Leverage
68.2%
Implied equity $7,000,000. Program maximums are typically 65% to 75%.
Cap Rate
Capitalization rate implied by NOI and purchase price or value.
Implied cap rate
6.59%
Value at a 25 bps expansion: $21,196,013.
Mortgage Payment
Monthly payment and balance outstanding at maturity.
Monthly payment
$92,358
Balance at maturity $12,635,657.