Conventional Business Loan Rates An amount paid to the lender, typically at closing, in order to lower the interest rate. Also known as mortgage points or discount points. One point equals one percent of the loan amount (for example, 2 points on a $100,000 mortgage would equal $2,000).Comerica Loans The top three loan types in Comerica Bank’s loan portfolio are Commercial and Industrial Loans, commercial real estate, and 1-4 Family Residential Loans. Compared to other banks in Texas, Comerica Bank has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.
A triple net (NNN) lease is defined as a lease structure where the tenant is responsible for paying all operating expenses associated with a property. The triple net or NNN lease is considered a "turnkey" investment since the landlord is not responsible for paying any operating expenses.
Calculating a Triple Net Lease. Take the amount of annual costs and divide it by the total number of rental square footage in the building. Add the totals for property taxes, insurance, maintenance and common area upkeep and then divide the sum by 12 to arrive at a monthly cost. To determine the triple net lease amount for each renter,
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