| AVI[1] No. of acres (or sq.ft. of land) |
91.925 |
| AVI[2] Land cost (/acre or /sq.ft.)(Total $ if AVI[1]=0) |
150000 |
| AVI[3] Rent periods/year (1 or 365=commercial;12=resid.) |
1 |
| AVI[6] Units to develop |
360000 |
| AVI[13] Building cost ($/sq.ft.if AVI[101]=sq.ft.) |
115 |
| AVI[20] Est.const.int,fin.fees,acctg.adj.(ProCash checks) |
8.333333333E-8 |
| AVI[28] Mos. after open to realize expected income |
36 |
| AVI[29] Vacancy at opening as a decimal of total $ |
0.39 |
| AVI[40] Minimum income/unit before vacancy(ex.AVI[7]units) |
23 |
| AVI[44] Start-up operating losses (financed & expensed) |
3.368022276 |
| AVI[53] Vacancy rate (in normal operating years) |
0.05 |
| AVI[56] Variable expenses (percent of income) |
0.08 |
| AVI[57] Financing subsidy or sales (see AVI[124]) |
1 |
| AVI[60] Capital replacement (decimal of DFI or $/unit/yr) |
0.05 |
| AVI[61] 1st mortgage loan to value Ratio or $ Amount |
1 |
| AVI[62] 1st mortgage interest rate |
0.105 |
| AVI[63] 1st mortgage term in Years (0=interest only) |
35 |
| AVI[78] Refinancing (date or months until) |
120 |
| AVI[79] Refinanced mortgage:loan to value ratio or $ amt. |
0.5546 |
| AVI[80] Interest rate expected at refinancing |
0.12 |
| AVI[81] Term expected at refinancing |
35 |
| AVI[90] Land lease rate (% of AVI[92] Price or $/Year) |
0.1 |
| AVI[93] Who will own land (if land lease exists) |
3 |
| AVI[96] Mortgage amounts based on cost (default=value) |
1 |
| AVI[112] Capitalization Rate for Mortgage |
0.08 |
| AVI[113] Capitalization Rate for Ending Value(0=Orig.Cost) |
0.08 |
| AVI[114] DCF Valuation Rate (total project) |
0.15 |
| AVI[115] Developers Opportunity Rate |
0.12 |
| AVI[116] Lenders Opportunity Rate |
0.12 |
| AVI[117] Investors Opportunity Rate |
0.12 |
| AVI[123] Ground Rent Unsubordinated (default=subordinated) |
1 |
| AVI[126] Points at Refinancing on New 1st Mtge AVI[78] |
0.03 |
| AVI[131] Annual Growth Rate for Gross Income MV[1] |
0.05 |
| AVI[132] Annual Growth Rate for Operating Expenses MV[2] |
0.05 |
| AVI[133] No. of Years to Hold Income Constant MV[3] |
5 |
| AVI[134] No. of Years to Hold Operating Expenses Constant MV[4] |
5 |
| AVI[142] No.Periods to project (MV[19] period definition) MV[13] |
20 |
| AVI[145] End Land Vlu:0=-1↑land;<.2=caprate GR&KKRS;1‰.2=% vlu;>1=vlu) MV[16] |
0.25 |
| AVI[158] Starting Year (if MV[31]=0, then 1 2..) MV[31] |
1988 |
| AVI[171] Selling Comm. & Expense Rate at Ending Sale MV[47] |
0.02 |
| AVI[179] columns are (0)trials;(1)versions;(2)phases MV[56] |
2 |
| AVI[186] Base Data in MV[64] |
1 |
