| |
Total |
2087 |
2088 |
2089 |
2090 |
2091 |
2092 |
2093 |
2094 |
2095 |
2096 |
2097 |
| DEVELOPMENT/CAPITAL ACCTS |
|
|
|
|
|
|
|
|
|
|
|
|
| Field Expense |
|
|
|
|
|
|
|
|
|
|
|
|
| Land Development |
-535000 |
-535000 |
|
|
|
|
|
|
|
|
|
|
| Building Cost |
-2387450 |
-2387450 |
|
|
|
|
|
|
|
|
|
|
| Tenant Improvements |
|
|
|
|
|
|
|
|
|
|
|
|
| Architecture & Engineering |
-60000 |
-60000 |
|
|
|
|
|
|
|
|
|
|
| Elevator/Escalator |
|
|
|
|
|
|
|
|
|
|
|
|
| Furniture & Equipment |
|
|
|
|
|
|
|
|
|
|
|
|
| Misc. Administration |
-230000 |
-230000 |
|
|
|
|
|
|
|
|
|
|
| Dev. Costs Expensed |
|
|
|
|
|
|
|
|
|
|
|
|
| Grants & Reimbursements |
|
|
|
|
|
|
|
|
|
|
|
|
| Contingency |
-577458 |
-577458 |
|
|
|
|
|
|
|
|
|
|
| Land |
-1058400 |
-1058400 |
|
|
|
|
|
|
|
|
|
|
| Financing Fees |
-267670 |
-267670 |
|
|
|
|
|
|
|
|
|
|
| Construction Interest |
-637270 |
-637270 |
|
|
|
|
|
|
|
|
|
|
| Internal Interest |
|
|
|
|
|
|
|
|
|
|
|
|
| Accounting Transfers |
|
|
|
|
|
|
|
|
|
|
|
|
| Capitalized Cost |
-5753248 |
-5753248 |
|
|
|
|
|
|
|
|
|
|
| Capital Replacement |
|
|
|
|
|
|
|
|
|
|
|
|
| Ending Value . |
11547269 |
|
|
|
|
|
|
|
|
|
|
11547269 |
| Capital Before Fin |
5794021 |
-5753248 |
|
|
|
|
|
|
|
|
|
11547269 |
| Principal Flows . |
311233 |
5133429 |
|
|
|
|
|
|
|
|
|
-4822196 |
| Developers Capital |
6105254 |
-619819 |
|
|
|
|
|
|
|
|
|
6725073 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
| Income |
10925519 |
|
868629 |
912060 |
957663 |
1005546 |
1055824 |
1108615 |
1164046 |
1222248 |
1283360 |
1347528 |
| Expenses . |
-1563199 |
|
-124281 |
-130496 |
-137020 |
-143871 |
-151065 |
-158618 |
-166549 |
-174877 |
-183620 |
-192801 |
| Net Avail. for D.S. |
9362320 |
|
744347 |
781565 |
820643 |
861675 |
904759 |
949997 |
997497 |
1047371 |
1099740 |
1154727 |
| Debt Service |
-6574430 |
|
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
-657443 |
| Ground Rent |
|
|
|
|
|
|
|
|
|
|
|
|
| Participation . |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash Flow |
2787889 |
|
86904 |
124122 |
163200 |
204232 |
247316 |
292554 |
340053 |
389928 |
442297 |
497284 |
| Amortization . |
311233 |
|
16700 |
18911 |
21415 |
24251 |
27462 |
31098 |
35216 |
39880 |
45160 |
51140 |
| Earnings B.N.C.C. |
3099123 |
|
103604 |
143033 |
184615 |
228483 |
274778 |
323652 |
375270 |
429808 |
487457 |
548424 |
| Non-Cash Charges . |
-1631137 |
|
-208613 |
-208613 |
-208613 |
-208613 |
-208613 |
-117614 |
-117614 |
-117614 |
-117614 |
-117614 |
| Taxable Income |
1467986 |
|
-105009 |
-65580 |
-23998 |
19870 |
66165 |
206038 |
257655 |
312193 |
369843 |
430810 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| FINANCING SUMMARY |
|
|
|
|
|
|
|
|
|
|
|
|
| Project Cash Flow. |
16061281 |
-4848308 |
744347 |
781565 |
820643 |
861675 |
904759 |
949997 |
997497 |
1047371 |
1099740 |
12701996 |
| Developer |
8893144 |
-619819 |
86904 |
124122 |
163200 |
204232 |
247316 |
292554 |
340053 |
389928 |
442297 |
7222357 |
| Lender |
6530867 |
-4865759 |
657443 |
657443 |
657443 |
657443 |
657443 |
657443 |
657443 |
657443 |
657443 |
5479639 |
| Investor |
|
|
|
|
|
|
|
|
|
|
|
|
| Other Entities |
637270 |
637270 |
|
|
|
|
|
|
|
|
|
|
| Public |
|
|
|
|
|
|
|
|
|
|
|
|
|
