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Updated over 2 years ago,
Trying to figure out how best to Pro-Forma Debt Payment
Hello:
I am currently looking at apartment buildings in Phoenix (5 or more units).
How best to forecast one's debt payment?
What is the best number for one's amortization term? (ex. 10 years)
And what annual interest rate would you use (considering what has been happening with rates)
Again this does not have to be exact but something to start the valuation process.
I look forward to your thoughts.
All the best,
Eric