| |
Capitalized value |
| PROJECT |
|
| 165 Capitalized Cost (TCC) |
55,188,750 |
| 190 Residual Value |
184,296,609 |
| 195 Land Residual |
46,074,152 |
| 670 Mtge Amortization |
61,738,853 |
| 710 Depreciation |
28,891,030 |
| |
|
| Developer |
|
| 1 196 Equity Residual |
57,362,703 |
| 1 916 Pre-Tax Present Value |
11,052,658 |
| 1 926 Pre-Tax Net Cash |
104,294,422 |
| |
|
| Lender |
|
| 2 670 Mtge Amortization |
|
| 2 916 Pre-Tax Present Value |
-8062821 |
| 2 926 Pre-Tax Net Cash |
42,600,223 |
| |
|
| Investor |
|
| 3 195 Land Residual |
46,074,152 |
| 3 196 Equity Residual |
19,120,901 |
| 3 916 Pre-Tax Present Value |
1,144,565 |
| 3 926 Pre-Tax Net Cash |
91,004,196 |
| |
|
| Other |
|
| 4 670 Mtge Amortization |
61,738,853 |
| 4 916 Pre-Tax Present Value |
-1652069 |
| 4 926 Pre-Tax Net Cash |
77,660,339 |
| |
|
| All Participants |
|
| 99 916 Pre-Tax Present Value |
2,482,332 |
| 99 926 Pre-Tax Net Cash |
315,559,179 |
| |
|
| Developer |
|
| 1 936 IROR Pre-Tax |
50.53 |
| 1 938 FMRR Pre-Tax |
27.55 |
| |
|
| Lender |
|
| 2 936 IROR Pre-Tax |
10.48 |
| 2 938 FMRR Pre-Tax |
12.14 |
| |
|
| Investor |
|
| 3 936 IROR Pre-Tax |
16.04 |
| 3 938 FMRR Pre-Tax |
14.82 |
| |
|
| Other |
|
| 4 936 IROR Pre-Tax |
12.53 |
| 4 938 FMRR Pre-Tax |
10.77 |
| |
|
| All Participants |
|
| 99 936 IROR Pre-Tax |
15.58 |
| 99 938 FMRR Pre-Tax |
14.53 |
|
