FinanceIntermediateDelaware Exam

What is the 'debt yield' metric in Delaware commercial real estate lending?

AThe annual return on a real estate debt investment
BNOI divided by the loan amount, measuring the lender's return on investment and the loan's risk from the lender's perspectiveCorrect
CThe yield on government bonds used to set commercial mortgage rates
DThe spread between the mortgage rate and the cap rate

Why NOI divided by the loan amount, measuring the lender's return on investment and the loan's risk from the lender's perspective Is Correct

Answer B: NOI divided by the loan amount, measuring the lender's return on investment and the loan's risk from the lender's perspective

Debt yield = NOI ÷ Loan Amount. It measures how quickly the lender could recoup their loan from the property's income if they took possession.

Exam Tip: Finance

Finance questions often involve calculations. Master the T-bar method, understand the difference between conventional and government-backed loans, and know key ratios like LTV and DTI.

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