| Developer |
|
| Start-up Oper. Losses (exp.) ( 1 167) |
-897468 |
| Equity Residual ( 1 196) |
3,047,719 |
| Investment Adj. ( 1 320) |
-412879 |
| Refinancing Net Proceeds ( 1 330) |
5,297,982 |
| Net Cash Flow (NCF) ( 1 699) |
4,017,304 |
| Subtotal: Developer |
11,052,658 |
| |
|
| Lender |
|
| Orig.Mtge(s) ( 2 240) |
-36000000 |
| Mtge Interest ( 2 660) |
18,690,107 |
| Mtge Amortization ( 2 670) |
782409 |
| Mtge Amortization ( 2 670) |
|
| Mortgage Balloon Payment ( 2 678) |
8,464,663 |
| Subtotal: Lender |
-8062821 |
| |
|
| Investor |
|
| Land ( 3 132) |
-11990217 |
| Land Residual ( 3 195) |
2,447,951 |
| Equity Residual ( 3 196) |
1,015,906 |
| Ground Rent ( 3 631) |
7,505,075 |
| Participation ( 3 682) |
2,189,488 |
| Participation ( 3 682) |
168837 |
| Participation ( 3 682) |
160101 |
| Participation Variance ( 3 683) |
-352576 |
| Subtotal: Investor |
1,144,565 |
| |
|
| Other |
|
| Financing Fees ( 4 158) |
|
| Financing Fees ( 4 158) |
412879 |
| Refinancing Proceeds (gross) ( 4 248) |
-13762645 |
| Mtge Interest ( 4 660) |
8,201,750 |
| Mtge Amortization ( 4 670) |
215719 |
| Mtge Amortization ( 4 670) |
3,280,227 |
| Subtotal: Other |
-1652069 |
| |
|
| Total |
2,482,332 |
|
