Docstoc

ProForma

Document Sample
ProForma Powered By Docstoc
					ATTACHMENT D EXHIBIT A
TABLE 1 ESTIMATED CONSTRUCTION COST MULTI-FAMILY HOUSING DEVELOPMENT ANAHEIM, CALIFORNIA

I.

Direct Costs Off-Sites/Infrastructure On-Site Improvements Parking Surface Parking Above-Ground Parking Subterranean Parking Building Costs Residential Shell Community Room Furnishings General Requirements Contractor OH & Profit Liability Insurance Direct Cost Contingency Allowance Total Direct Costs

Sf Land Spaces Spaces Spaces Sf GBA Sf GBA % Direct Costs % Direct Costs % Direct Costs Per Sf GBA

$ $ $ $ $ $ $

/Sf /Sp /Sp /Sp /Sf /Sf /Unit

$ $ $ $ $ $ $ $ $ $ $ $ $

$

/Unit

II.

Indirect Costs Architecture & Engineering Consulting Environmental Studies & Surveys Public Permits & Impact Fees Taxes, Legal & Accounting Insurance Marketing/Leasing Development Management/Developer Fee Indirect Costs Contingency Allowance Total Indirect Costs

% Direct Costs % Direct Costs % Direct Costs Units $ % Direct Costs % Direct Costs % Direct Costs % Direct Costs % Other Soft Costs % Direct Costs

/Unit

$ $ $ $ $ $ $ $ $ $

III. Financing Costs Interest During Construction Land Building Construction Financing/Loan Origination Fees Construction Loan Permanent Loan Tax Credit Costs Capitalized Reserve Account Total Financing Costs IV. Total Construction Costs

$ $ $ $

Financed @ Financed @ Loan Amount Loan Amount

% Int. % Int. Points Points

$ $ $ $ $ $ $ $ $

% Direct Costs

Prepared by Keyser Marston Associates, Inc. File name:628b5fde-abd8-48aa-a3ff-0fb61f3d623f.xls;11/6/2009

EXHIBIT A - Page 1 of 4

ATTACHMENT D EXHIBIT A
TABLE 2 ESTIMATED NET OPERATING INCOME MULTI-FAMILY HOUSING DEVELOPMENT ANAHEIM, CALIFORNIA

I.

Income (Less Utilities Allowances) Manager's Unit Very-Low Income Unit Studio @___% County Median One-Bedroom @___% County Median Two-Bedroom @___% County Median Three-Bedroom @___% County Median Four-Bedroom @___% County Median Low Income Unit Studio @___% County Median One-Bedroom @___% County Median Two-Bedroom @___% County Median Three-Bedroom @___% County Median Four-Bedroom @___% County Median

Unit(s) @

$

/Month

$

Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @

$ $ $ $ $

/Month /Month /Month /Month /Month

$ $ $ $ $

Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @

$ $ $ $ $

/Month /Month /Month /Month /Month

$ $ $ $ $

Prepared by Keyser Marston Associates, Inc. File name:628b5fde-abd8-48aa-a3ff-0fb61f3d623f.xls;11/6/2009

EXHIBIT A - Page 2 of 4

ATTACHMENT D EXHIBIT A

Moderate Income Unit Studio @___% County Median One-Bedroom @___% County Median Two-Bedroom @___% County Median Three-Bedroom @___% County Median Four-Bedroom @___% County Median Market Rate Unit Studio One-Bedroom Two-Bedroom Three-Bedroom @___% County Median Four-Bedroom @___% County Median Laundry/Miscellaneous Income Gross Income (Less): Vacancy & Collection Effective Gross Income II. Operating Expenses General Operating Expenses Property Management Fee Service Ammenities/Provider Property Taxes Operating & Capital Reserve Ground Lease Payment Total Operating Expenses III. Net Operating Income

Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @

$ $ $ $ $

/Month /Month /Month /Month /Month

$ $ $ $ $

Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @ Unit(s) @

$ $ $ $ $ $

/Month /Month /Month /Month /Month /Month

$ $ $ $ $ $ $

% Gross Income

$ $

$

Units @ $ Units @ $ Units @ $ Units @ $ Units @ $ Property Value Units @ $

/Unit /Unit /Unit /Unit /Unit % Rate of Return /Unit

$ $ $ $ $ $ $ $

Prepared by Keyser Marston Associates, Inc. File name:628b5fde-abd8-48aa-a3ff-0fb61f3d623f.xls;11/6/2009

EXHIBIT A - Page 3 of 4

ATTACHMENT D EXHIBIT A
TABLE 3 ESTIMATED FINANCIAL GAP MULTI-FAMILY HOUSING DEVELOPMENT ANAHEIM, CALIFORNIA

I.

Available Funding Sources A. Debt Net Operating Income (TABLE 2) Income Available for Debt Service Interest Rate/Mortgage Constant B. Other Funding Sources Net Tax Credit Value (TABLE 3A) Deferred Developer Fee Other (specify) Private Equity Total Available Funding Sources

$ $

@ % Interest

% Coverage % Constant $ $ $ $ $

$ $

II.

Financial Gap Calculation Total Available Funding Sources (Less) Total Construction Costs (TABLE 1) Total Financial Gap Per Unit

$ $ $ $

Prepared by Keyser Marston Associates, Inc. File name:628b5fde-abd8-48aa-a3ff-0fb61f3d623f.xls;11/6/2009

EXHIBIT A - Page 4 of 4


				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:65
posted:11/6/2009
language:English
pages:4