| |
Original cost |
| PROJECT |
|
| 165 Capitalized Cost (TCC) |
31029 |
| 190 Residual Value |
31029 |
| 195 Land Residual |
6206 |
| 670 Mtge Amortization |
13754 |
| 710 Depreciation |
11736 |
| |
|
| Developer |
|
| 1 196 Equity Residual |
172.7573 |
| 1 916 Pre-Tax Present Value |
-2662 |
| 1 926 Pre-Tax Net Cash |
-4114 |
| |
|
| Lender |
|
| 2 670 Mtge Amortization |
13754 |
| 2 916 Pre-Tax Present Value |
-1973 |
| 2 926 Pre-Tax Net Cash |
22740 |
| |
|
| Investor |
|
| 3 196 Equity Residual |
17103 |
| 3 880 Inc.Taxes:Equity Residual |
-4419 |
| 3 916 Pre-Tax Present Value |
-4239 |
| 3 917 After-Tax Present Value |
1849 |
| 3 926 Pre-Tax Net Cash |
9333 |
| 3 927 After-Tax Net Cash |
17609 |
| |
|
| Other |
|
| 4 916 Pre-Tax Present Value |
612.854 |
| 4 926 Pre-Tax Net Cash |
5682 |
| |
|
| All Participants |
|
| 99 916 Pre-Tax Present Value |
-8261 |
| 99 926 Pre-Tax Net Cash |
33641 |
| |
|
| Developer |
|
| 1 936 IROR Pre-Tax |
|
| 1 938 FMRR Pre-Tax |
-15.65 |
| |
|
| Lender |
|
| 2 936 IROR Pre-Tax |
9.92 |
| 2 938 FMRR Pre-Tax |
9.69 |
| |
|
| Investor |
|
| 3 936 IROR Pre-Tax |
5.07 |
| 3 937 IROR After-Tax |
17.67 |
| 3 937.1 IROR After-Tax(w/o pass.loss) |
13.97 |
| 3 938 FMRR Pre-Tax |
6.57 |
| 3 939 FMRR After-Tax |
13.46 |
| 3 939.1 FMRR After-Tax(w/o pass.loss) |
11.95 |
| |
|
| Other |
|
| 4 936 IROR Pre-Tax |
14.2 |
| 4 938 FMRR Pre-Tax |
9.65 |
| |
|
| All Participants |
|
| 99 936 IROR Pre-Tax |
7.46 |
| 99 938 FMRR Pre-Tax |
8.31 |