| Developer |
|
| Land ( 1 132) |
-350000 |
| Start-up Oper. Losses (exp.) ( 1 167) |
-512478 |
| Land Residual ( 1 195) |
200616 |
| Equity Residual ( 1 196) |
5355 |
| Investment Adj. ( 1 320) |
511404 |
| Ground Rent ( 1 631) |
143028 |
| Net Cash Flow (NCF) ( 1 699) |
300 |
| Subtotal: Developer |
-1774 |
| |
|
| Lender |
|
| Financing Fees ( 2 158) |
51025 |
| Financing Fees ( 2 158) |
23550 |
| Orig.Mtge(s) ( 2 240) |
-785000 |
| Mtge Interest ( 2 660) |
465390 |
| Mtge Amortization ( 2 670) |
95160 |
| Mtge Amortization ( 2 670) |
96835 |
| Subtotal: Lender |
-53040 |
| |
|
| Investor |
|
| Equity Residual ( 3 196) |
530160 |
| Investment ( 3 310) |
-2327369 |
| Net Cash Flow (NCF) ( 3 699) |
29725 |
| Income Taxes (Annual) ( 3 850) |
434215 |
| Inc.Taxes:Equity Residual ( 3 880) |
-123262 |
| Tax Credit ( 3 890) |
2450028 |
| Subtotal: Investor |
993497 |
| |
|
| Other |
|
| Const.Interest ( 4 155) |
577307 |
| Const.Loan ( 4 220) |
-622114 |
| Subtotal: Other |
-44807 |
| |
|
| Public |
|
| Income Taxes (Annual) ( 5 850) |
-434215 |
| Inc.Taxes:Equity Residual ( 5 880) |
123262 |
| Tax Credit ( 5 890) |
-2450028 |
| Subtotal: Public |
-2760981 |
| |
|
| Secondary Lender |
|
| Orig.Mtge(s) ( 6 240) |
-1896000 |
| Mtge Interest ( 6 660) |
322836 |
| Mtge Amortization ( 6 670) |
412006 |
| Mtge Amortization ( 6 670) |
170114 |
| Subtotal: Secondary Lender |
-991045 |
| |
|
| Underwriter/Syndctr |
|
| Financing Fees ( 7 158) |
177879 |
| Credit Enhancement ( 7 641) |
57511 |
| Subtotal: Underwriter/Syndctr |
235391 |
| |
|
| Total |
-2622760 |
