| |
Original value escalated by AVI[154] rate |
| PROJECT |
|
| 165 Capitalized Cost (TCC) |
9318 |
| 190 Residual Value |
67275 |
| 195 Land Residual |
13455 |
| 670 Mtge Amortization |
7176 |
| 710 Depreciation |
3672 |
| |
|
| Developer |
|
| 1 196 Equity Residual |
4662 |
| 1 370 Return of Investment |
28.1975 |
| 1 916 Pre-Tax Present Value |
678.0474 |
| 1 926 Pre-Tax Net Cash |
5810 |
| |
|
| Lender |
|
| 2 195 Land Residual |
13455 |
| 2 196 Equity Residual |
23308 |
| 2 670 Mtge Amortization |
7176 |
| 2 916 Pre-Tax Present Value |
5262 |
| 2 926 Pre-Tax Net Cash |
62741 |
| |
|
| Investor |
|
| 3 196 Equity Residual |
18646 |
| 3 880 Inc.Taxes:Equity Residual |
-3973 |
| 3 916 Pre-Tax Present Value |
2747 |
| 3 917 After-Tax Present Value |
2081 |
| 3 926 Pre-Tax Net Cash |
23182 |
| 3 927 After-Tax Net Cash |
17550 |
| |
|
| Other |
|
| 4 916 Pre-Tax Present Value |
27.0007 |
| 4 926 Pre-Tax Net Cash |
639.5488 |
| |
|
| All Participants |
|
| 99 916 Pre-Tax Present Value |
8714 |
| 99 926 Pre-Tax Net Cash |
92373 |
| |
|
| Developer |
|
| 1 936 IROR Pre-Tax |
142.26 |
| 1 938 FMRR Pre-Tax |
40.37 |
| |
|
| Lender |
|
| 2 936 IROR Pre-Tax |
18.63 |
| 2 938 FMRR Pre-Tax |
14.24 |
| |
|
| Investor |
|
| 3 936 IROR Pre-Tax |
|
| 3 937 IROR After-Tax |
|
| 3 938 FMRR Pre-Tax |
|
| 3 939 FMRR After-Tax |
|
| |
|
| Other |
|
| 4 936 IROR Pre-Tax |
12.67 |
| 4 938 FMRR Pre-Tax |
8.65 |
| |
|
| All Participants |
|
| 99 936 IROR Pre-Tax |
20.58 |
| 99 938 FMRR Pre-Tax |
16.08 |
