Assume that gross income is $1.5 million; total cost of debt is $600,000; and the debt service coverage ratio is 1.5. Find net operating income.

Name: Assume that gross income is $1.5 million; total cost of debt is $600,000; and the debt service coverage ratio is 1.5. Find net operating income.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The Answer of Assume that gross income is $1.5 million; total cost of debt is $600,000; and the debt service coverage ratio is 1.5. Find net operating income.

Assume That Gross Income Is $1