Real Estate Math
If a property's NOI is $55,000 and the annual debt service is $38,500, what is the debt service coverage ratio (DSCR)?
A1.30
B1.40
C1.43✓ Correct
D1.50
Explanation
DSCR = NOI / Debt Service = $55,000 / $38,500 = 1.43. Using the values given ($55,000, $38,500,), apply the appropriate formula.. The correct answer is 1.43.. This is a common calculation on the Ohio real estate exam.
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