| |
AVI/MV |
Trial 1 |
Trial 2 |
Trial 3 |
Trial 4 |
Trial 5 |
Trial 6 |
Trial 7 |
Trial 8 |
Trial 9 |
Trial 10 |
Trial 11 |
| AVI[ 20] Est.const.int,fin.fees,acctg.adj.(ProCash checks) |
20 |
1800 |
1059.564 |
1059.564 |
2192.92425 |
1937.7678 |
1938.13095 |
2657.813085 |
2249.1768 |
2249.4711 |
1368.079 |
1800 |
| AVI[ 37] Bridge loan interest rate:equity & operations |
37 |
|
|
|
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
|
| AVI[ 44] Start-up operating losses (financed & expensed) |
44 |
|
|
|
1024.354842 |
3087.62362 |
3099.374399 |
4604.260854 |
4609.206047 |
4618.270287 |
|
|
| AVI[ 62] 1st mortgage interest rate |
62 |
0.0825 |
0.105 |
0.11 |
0.0825 |
0.105 |
0.11 |
0.0825 |
0.105 |
0.11 |
0.105 |
0.0725 |
| AVI[ 63] 1st mortgage term in Years (0=interest only) |
63 |
30 |
30 |
30 |
30 |
30 |
30 |
30 |
30 |
30 |
30 |
|
| AVI[ 64] 1st mortgage months Til Balloon |
64 |
180 |
|
180 |
180 |
|
180 |
180 |
|
180 |
|
180 |
| AVI[ 65] 2nd mortgage loan to value ratio or $ amount |
65 |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
|
2000000 |
| AVI[ 83] Developers share of ownership |
83 |
1 |
1 |
1 |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
1 |
1 |
| AVI[ 85] Investors share of ownership |
85 |
|
|
|
0.99 |
0.99 |
0.99 |
0.99 |
0.99 |
0.99 |
|
|
| AVI[ 86] Number of equity payments (for AVI[87]) |
86 |
|
|
|
4 |
4 |
4 |
4 |
4 |
4 |
|
|
| AVI[ 87] Equity contribution ($ or % Costs Less Land&Fin.) |
87 |
|
|
|
0.5 |
0.5 |
0.5 |
0.7 |
0.7 |
0.7 |
|
|
| AVI[ 89] When equity contribution available |
89 |
|
|
|
2 |
2 |
2 |
2 |
2 |
2 |
|
|
| AVI[ 97] Return on equity allowable (for rent formula) |
97 |
0.06 |
0.06 |
0.06 |
20 |
20 |
20 |
20 |
20 |
20 |
0.06 |
0.06 |
| AVI[105] Credit Enhancement (e.g.annual points 1st mtge) |
105 |
0.015 |
0.015 |
|
0.015 |
0.015 |
|
0.015 |
0.015 |
|
0.015 |
|
| AVI[120] Investors Tax Rate |
120 |
|
|
|
0.34 |
0.34 |
0.34 |
0.34 |
0.34 |
0.34 |
|
|
| AVI[125] Points for Raising AVI[87] Equity Contribution |
125 |
|
|
|
0.065 |
0.065 |
0.065 |
0.065 |
0.065 |
0.065 |
|
|
| AVI[130] Points 1st Mtge at Perm. Mtge.Close AVI[23 26] |
130 |
0.05 |
0.03 |
0.03 |
0.05 |
0.03 |
0.03 |
0.05 |
0.03 |
0.03 |
0.03 |
0.05 |
| AVI[159] Financing is tax exempt (default=not tax exempt) |
159 |
1 |
|
|
1 |
|
|
1 |
|
|
|
1 |
| AVI[172] LIHTC Tax Credit: Acquisition (e.g. .04) |
172 |
|
|
|
|
|
|
|
|
|
|
|
| AVI[173] LIHTC Tax Credit: Const./Major Rehab(.09 or .04) |
173 |
|
|
|
0.04 |
0.09 |
0.09 |
0.04 |
0.09 |
0.09 |
|
|
| AVI[181] Required debt service coverage (e.g. 1.15 or 1.2) |
181 |
1.1 |
1.1 |
1.15 |
1.1 |
1.1 |
1.15 |
1.1 |
1.1 |
1.15 |
1.1 |
1.1 |
