Guggenheim Demo:Trial 1: New Construction - $80,000 Cost per Unit; Conventional Financing

Schedule B: CASH FLOW BY PARTICIPANT

Annual

(Data ID 8000100 30601 11 14 1 40)

Total 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Developer( )( )
Equity Residual ( 1 196) 50948 50948
Net Cash Flow (NCF) ( 1 699) 8029 535 535 535 535 535 535 535 535 535 535 535 535 535 535 535
Subtotal 58977 535 535 535 535 535 535 535 535 535 535 535 535 535 535 51484
Lender ( 8.4%)( )
Orig.Mtge(s) ( 2 240) ¯38350 ¯38350
Mtge Interest ( 2 660) 44229 3247 3219 3188 3155 3118 3079 3035 2988 2937 2881 2820 2754 2683 2604 2519
Mtge Amortization ( 2 670) 9298 321 349 380 414 450 490 533 580 632 687 748 814 886 964 1049
Mtge Amortization ( 2 670) 29052 29052
Subtotal 44229 ¯38350 3568 3568 3568 3568 3568 3568 3568 3568 3568 3568 3568 3568 3568 3568 32620
Investor ( )( )
Investment ( 3 310) ¯41650 ¯41650
Total 61556 ¯80000 4104 4104 4104 4104 4104 4104 4104 4104 4104 4104 4104 4104 4104 4104 84104

	Total	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017
Developer( )( )
Equity Residual ( 1 196)	50948																50948
Net Cash Flow (NCF) ( 1 699)	8029		535	535	535	535	535	535	535	535	535	535	535	535	535	535	535
Subtotal	58977		535	535	535	535	535	535	535	535	535	535	535	535	535	535	51484
Lender ( 8.4%)( )
Orig.Mtge(s) ( 2 240)	¯38350	¯38350
Mtge Interest ( 2 660)	44229		3247	3219	3188	3155	3118	3079	3035	2988	2937	2881	2820	2754	2683	2604	2519
Mtge Amortization ( 2 670)	9298		321	349	380	414	450	490	533	580	632	687	748	814	886	964	1049
Mtge Amortization ( 2 670)	29052																29052
Subtotal	44229	¯38350	3568	3568	3568	3568	3568	3568	3568	3568	3568	3568	3568	3568	3568	3568	32620
Investor ( )( )
Investment ( 3 310)	¯41650	¯41650
Total	61556	¯80000	4104	4104	4104	4104	4104	4104	4104	4104	4104	4104	4104	4104	4104	4104	84104