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10.1. SR 02-05-2018
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10.1. SR 02-05-2018
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2/22/2018 8:24:45 AM
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2/5/2018
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Financing <br />Page 1 <br />it FINANCING PERFORMA <br />Jackson Hills <br />40 unit <br />S uare Ft: 24,394 <br />Cate 0 <br />Total Pro'ect Cost <br />$ <br />5,899,018 <br />Equi Contributions <br />$ <br />1,179,804 <br />Funding Requirement <br />$ <br />4,719,214 <br />Rate Assum Don <br />4.50% <br />Term Assumption in years) <br />300 <br />Annual Debt Service <br />$ <br />314,771 <br />Monthly Debt Service <br />$ <br />26,231 <br />Operating Income <br />$ <br />535,344 <br />Operatin Expense <br />$ <br />197,232 <br />Income From O eration <br />$ <br />338,112 <br />Debt Service Ratio <br />1.07 Without Tiff <br />Cash Available For ROI <br />$ <br />23,341 <br />ROI cash on cash <br />1,98% <br />Ca Rate <br />5.73% <br />Page 1 <br />
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