| AVI[1] No. of acres (or sq.ft. of land) |
4.024390244 |
| AVI[2] Land cost (/acre or /sq.ft.)(Total $ if AVI[1]=0) |
372.7272727 |
| AVI[3] Rent periods/year (1 or 365=commercial;12=resid.) |
1 |
| AVI[4] Building efficiency (GLA:GBA) (or GLA) |
0.9200607134 |
| AVI[6] Units to develop |
138.355 |
| AVI[10] Date of costs to date (CM[;6]) |
60180 |
| AVI[12] Land development |
2.52972426 |
| AVI[13] Building cost ($/sq.ft.if AVI[101]=sq.ft.) |
37.97477504 |
| AVI[14] Tenant improvements (comm) service structures (res.) |
4.33667016 |
| AVI[15] Architecture & engineering |
1.857540385 |
| AVI[17] Furniture & equipment |
0.72277836 |
| AVI[18] Misc. admin |
0.505944852 |
| AVI[20] Est.const.int,fin.fees,acctg.adj.(ProCash checks) |
6.953841589 |
| AVI[21] Contingency, errors & ommissions |
1.62625131 |
| AVI[23] Opening date for property |
100181 |
| AVI[24] Start of construction loan availability |
80180 |
| AVI[25] Date permanent mortgage deal made |
100181 |
| AVI[38] Construction financing interest rate |
0.15 |
| AVI[39] Internal interest rate |
0.15 |
| AVI[40] Minimum income/unit before vacancy(ex.AVI[7]units) |
13.0556535 |
| AVI[41] Other income/unit (vacancy applies;ex.AVI[7]units) |
0.400644173 |
| AVI[55] Operating expenses (fixed, per unit) |
4 |
| AVI[61] 1st mortgage loan to value Ratio or $ Amount |
7804.855916 |
| AVI[62] 1st mortgage interest rate |
0.12 |
| AVI[63] 1st mortgage term in Years (0=interest only) |
40 |
| AVI[83] Developers share of ownership |
0.1 |
| AVI[84] Lenders share of ownership |
0.5 |
| AVI[85] Investors share of ownership |
0.4 |
| AVI[90] Land lease rate (% of AVI[92] Price or $/Year) |
0.12 |
| AVI[95] When land sale-leaseback transacted |
100181 |
| AVI[112] Capitalization Rate for Mortgage |
0.11 |
| AVI[113] Capitalization Rate for Ending Value(0=Orig.Cost) |
11000 |
| AVI[120] Investors Tax Rate |
0.5 |
| AVI[127] Points 1st Mtge When Perm. Deal Made AVI[25] |
0.005 |
| AVI[128] Points 1st Mtge at Const. Loan Settlem AVI[24] |
0.0075 |
| AVI[135] Periods from Start of Analysis to Opening(MV[18]) MV[5] |
16 |
| AVI[142] No.Periods to project (MV[19] period definition) MV[13] |
19 |
| AVI[149] Partners Share Oper.Losses(0) No=1 (2=dev.meets from Fin./Eq) MV[22] |
|
| AVI[152] Exclude operating losses AVI[44] from mortgage financing(0=inc.)MV[25] |
|
| AVI[154] Appreciation Rate Current Market Value if AVI[113]>1 MV[27] |
0.1 |
| AVI[155] Periods to Lag MV[27] App.Rate to be Conservative MV[28] |
1 |
| AVI[178] Structure:5 if method 1,11 if method 2,other if 3 MV[55] |
|
