| |
Capitalized value |
| PROJECT |
|
| 165 Capitalized Cost (TCC) |
3593015 |
| 190 Residual Value |
7796900 |
| 195 Land Residual |
1559380 |
| 670 Mtge Amortization |
3225707 |
| 710 Depreciation |
1950790 |
| |
|
| Developer |
|
| 1 196 Equity Residual |
1980925 |
| 1 370 Return of Investment |
238286 |
| 1 916 Pre-Tax Present Value |
495976 |
| 1 926 Pre-Tax Net Cash |
2657410 |
| |
|
| Lender |
|
| 2 670 Mtge Amortization |
3225707 |
| 2 916 Pre-Tax Present Value |
63554 |
| 2 926 Pre-Tax Net Cash |
2068821 |
| |
|
| Investor |
|
| 3 196 Equity Residual |
1980925 |
| 3 370 Return of Investment |
371057 |
| 3 880 Inc.Taxes:Equity Residual |
-924612 |
| 3 916 Pre-Tax Present Value |
409061 |
| 3 917 After-Tax Present Value |
385118 |
| 3 926 Pre-Tax Net Cash |
2657410 |
| 3 927 After-Tax Net Cash |
1941140 |
| |
|
| Other |
|
| 4 916 Pre-Tax Present Value |
19624 |
| 4 926 Pre-Tax Net Cash |
2632832 |
| |
|
| All Participants |
|
| 99 916 Pre-Tax Present Value |
988216 |
| 99 926 Pre-Tax Net Cash |
10016473 |
| |
|
| Developer |
|
| 1 936 IROR Pre-Tax |
35.71 |
| 1 938 FMRR Pre-Tax |
31.87 |
| |
|
| Lender |
|
| 2 936 IROR Pre-Tax |
16.95 |
| 2 938 FMRR Pre-Tax |
12.43 |
| |
|
| Investor |
|
| 3 936 IROR Pre-Tax |
27.32 |
| 3 937 IROR After-Tax |
34.26 |
| 3 937.1 IROR After-Tax(w/o pass.loss) |
23.96 |
| 3 938 FMRR Pre-Tax |
26.24 |
| 3 939 FMRR After-Tax |
30.24 |
| 3 939.1 FMRR After-Tax(w/o pass.loss) |
23.13 |
| |
|
| Other |
|
| 4 936 IROR Pre-Tax |
15.21 |
| 4 938 FMRR Pre-Tax |
14.72 |
| |
|
| All Participants |
|
| 99 936 IROR Pre-Tax |
20.07 |
| 99 938 FMRR Pre-Tax |
19.23 |
