| AVI[2] Land cost (/acre or /sq.ft.)(Total $ if AVI[1]=0) |
1500000 |
| AVI[6] Units to develop |
200 |
| AVI[13] Building cost ($/sq.ft.if AVI[101]=sq.ft.) |
40700 |
| AVI[20] Est.const.int,fin.fees,acctg.adj.(ProCash checks) |
2657.813085 |
| AVI[37] Bridge loan interest rate:equity & operations |
0.1 |
| AVI[44] Start-up operating losses (financed & expensed) |
4604.260854 |
| AVI[53] Vacancy rate (in normal operating years) |
0.03 |
| AVI[55] Operating expenses (fixed, per unit) |
2200 |
| AVI[61] 1st mortgage loan to value Ratio or $ Amount |
1 |
| AVI[62] 1st mortgage interest rate |
0.0825 |
| AVI[63] 1st mortgage term in Years (0=interest only) |
30 |
| AVI[64] 1st mortgage months Til Balloon |
180 |
| AVI[65] 2nd mortgage loan to value ratio or $ amount |
2000000 |
| AVI[66] 2cd mortgage interest rate |
0.02 |
| AVI[68] 2cd mortgage months til balloon |
180 |
| AVI[69] Who provides 2nd mortgage (see AVI[ 65]) |
6 |
| AVI[83] Developers share of ownership |
0.01 |
| AVI[85] Investors share of ownership |
0.99 |
| AVI[86] Number of equity payments (for AVI[87]) |
4 |
| AVI[87] Equity contribution ($ or % Costs Less Land&Fin.) |
0.7 |
| AVI[89] When equity contribution available |
2 |
| AVI[96] Mortgage amounts based on cost (default=value) |
1 |
| AVI[97] Return on equity allowable (for rent formula) |
20 |
| AVI[102] Utilities allowance (for rent formula, AVI[3] periods) |
65 |
| AVI[104] Equity Requirement (can be met by AVI[87]) |
0.08 |
| AVI[105] Credit Enhancement (e.g.annual points 1st mtge) |
0.015 |
| AVI[120] Investors Tax Rate |
0.34 |
| AVI[125] Points for Raising AVI[87] Equity Contribution |
0.065 |
| AVI[130] Points 1st Mtge at Perm. Mtge.Close AVI[23 26] |
0.05 |
| AVI[152] Exclude operating losses AVI[44] from mortgage financing(0=inc.)MV[25] |
|
| AVI[156] Inv.Returned Before Dist.in End.Vlu.(0) or Inv.Ignored (1) MV[29] |
1 |
| AVI[159] Financing is tax exempt (default=not tax exempt) MV[32] |
1 |
| AVI[173] LIHTC Tax Credit: Const./Major Rehab(.09 or .04) MV[50] |
0.04 |
| AVI[181] Required debt service coverage (e.g. 1.15 or 1.2) MV[59] |
1.1 |
| AVI[182] No. of obligations to inc.(exc.credit enhancement) MV[60] |
1 |
| AVI[186] Base Data in MV[64] |
7 |
