Multiple Choice
Given the following information, calculate the debt coverage ratio for this investment. Potential gross income: $120,000, Vacancy rate: 9%, Net operating income: $57,900, Operating expenses: $51,300, Acquisition Price: $520,000, Debt service: $40,000.
A) 0.69
B) 1.45
C) 2.73
D) 8.29
Correct Answer:

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Correct Answer:
Verified
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