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What is the debt service coverage ratio for a loan based on the information below?...

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Accounting

What is the debt service coverage ratio for a loan based on the information below?

Building Value $170,000

Loan Amount $130,000

NOI $20,000 Annually

Mortgage Payments $1000 per month

A. 0.8

B. 1.7

C. 6.5

D. 8.5

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