Given the following information, calculate the before-tax equity reversion (BTER). NOI: $89,100, Annual Debt Service: $58,444, Net Sale Proceeds: $974,700, Remaining Mortgage Balance: $631,026.
A) $30,656
B) $343,674
C) $572,582
D) $885,600

Question

Quizplus · Accepted Answer

Before-Tax Equity Reversion (BTER) is calculated as the Net Sale Proceeds minus the Remaining Mortgage Balance. So, BTER = $974,700 - $631,026 = $343,674.

Given the Following Information, Calculate the Before-Tax Equity Reversion (BTER)