| |
Original cost |
| PROJECT |
|
| 165 Capitalized Cost (TCC) |
5490424 |
| 190 Residual Value |
5490424 |
| 195 Land Residual |
1098085 |
| 670 Mtge Amortization |
1461163 |
| 710 Depreciation |
3247851 |
| |
|
| Developer |
|
| 1 195 Land Residual |
1098085 |
| 1 196 Equity Residual |
29312 |
| 1 916 Pre-Tax Present Value |
-1774 |
| 1 926 Pre-Tax Net Cash |
1091604 |
| |
|
| Lender |
|
| 2 670 Mtge Amortization |
530035 |
| 2 916 Pre-Tax Present Value |
-53040 |
| 2 926 Pre-Tax Net Cash |
1054143 |
| |
|
| Investor |
|
| 3 196 Equity Residual |
2901864 |
| 3 880 Inc.Taxes:Equity Residual |
-674681 |
| 3 916 Pre-Tax Present Value |
-1767484 |
| 3 917 After-Tax Present Value |
993497 |
| 3 926 Pre-Tax Net Cash |
-74353 |
| 3 927 After-Tax Net Cash |
4287089 |
| |
|
| Other |
|
| 4 916 Pre-Tax Present Value |
-44807 |
| 4 926 Pre-Tax Net Cash |
675334 |
| |
|
| Secondary Lender |
|
| 6 670 Mtge Amortization |
931129 |
| 6 916 Pre-Tax Present Value |
-991045 |
| 6 926 Pre-Tax Net Cash |
653517 |
| |
|
| Underwriter/Syndctr |
|
| 7 916 Pre-Tax Present Value |
235391 |
| 7 926 Pre-Tax Net Cash |
311293 |
| |
|
| All Participants |
|
| 99 916 Pre-Tax Present Value |
-2622760 |
| 99 926 Pre-Tax Net Cash |
3711539 |
| |
|
| Developer |
|
| 1 936 IROR Pre-Tax |
11.95 |
| 1 938 FMRR Pre-Tax |
12.81 |
| |
|
| Lender |
|
| 2 936 IROR Pre-Tax |
10.84 |
| 2 938 FMRR Pre-Tax |
12.27 |
| |
|
| Investor |
|
| 3 936 IROR Pre-Tax |
|
| 3 937 IROR After-Tax |
30.91 |
| 3 937.1 IROR After-Tax(w/o pass.loss) |
20.87 |
| 3 938 FMRR Pre-Tax |
1.96 |
| 3 939 FMRR After-Tax |
19.03 |
| 3 939.1 FMRR After-Tax(w/o pass.loss) |
16.15 |
| |
|
| Other |
|
| 4 936 IROR Pre-Tax |
11.08 |
| 4 938 FMRR Pre-Tax |
12.69 |
| |
|
| Secondary Lender |
|
| 6 936 IROR Pre-Tax |
2.94 |
| 6 938 FMRR Pre-Tax |
7.42 |
| |
|
| Underwriter/Syndctr |
|
| 7 936 IROR Pre-Tax |
|
| 7 938 FMRR Pre-Tax |
|
| |
|
| All Participants |
|
| 99 936 IROR Pre-Tax |
4.67 |
| 99 938 FMRR Pre-Tax |
7.63 |
