Calculate the initial equity


Given the following information calculate the initial equity investment.

Purchase Price: $6,000,000

LTV: 70%

Upfront Loan Fees: 2.5% of Loan Amount

Annual Interest Rate: 7.2%

Loan Term and Amortization Schedule: 30 Years [Monthly Payments]

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Financial Management: Calculate the initial equity
Reference No:- TGS02355208

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