to home page  Home   E-Mail  SiteTree (all case studies)    HomePage    Inputs (this case study)    TimeSeries (this case study)   
                                                                        
                                                                             
                                                                             
              Social Investment Partners for Sandtown-Winchester             
                                                                             
                    (assumes investment of $  40,000,000)                    
                                                                             
                                                                             
                     Estimated Public Costs                                  
                                                                             
                         /W with                                             
        Investor         Housing                                             
         Pay-ins         Program      /W with 5     Estimated     Estimated  
      (or Social      (Balt.City Year Transform      Annual      Cumulative  
     Investment)        profile)          ation      Savings       Savings   
                                                                             
1996   8,000,000      66,974,791     63,592,966      3,381,825      3,381,825
1997   8,000,000      66,626,952     62,669,914      3,957,038      7,338,863
1998   7,500,000      69,853,621     64,831,865      5,021,756     12,360,619
1999   4,500,000      71,986,671     65,990,904      5,995,767     18,356,386
2000   3,500,000      75,267,778     68,044,533      7,223,245     25,579,631
2001   2,000,000      74,727,421     67,366,883      7,360,538     32,940,169
2002   1,500,000      74,230,466     66,631,770      7,598,696     40,538,865
2003   1,000,000      73,535,078     65,584,481      7,950,597     48,489,462
2004   1,000,000      72,801,351     64,413,990      8,387,361     56,876,823
2005     500,000      72,003,969     63,214,711      8,789,258     65,666,081
2006     250,000      71,584,490     62,338,065      9,246,425     74,912,506
2007     250,000      70,804,278     61,144,980      9,659,298     84,571,804
2008     250,000      70,553,065     60,245,821     10,307,244     94,879,048
2009     250,000      70,092,638     59,309,462     10,783,176    105,662,224
2010     250,000      69,448,106     58,131,418     11,316,688    116,978,912
2011     250,000      69,292,797     57,466,777     11,826,020    128,804,932
2012     250,000      69,769,868     57,373,819     12,396,049    141,200,981
2013     250,000      69,963,777     56,959,304     13,004,473    154,205,454
2014     250,000      70,156,433     56,692,097     13,464,336    167,669,790
2015     250,000      70,274,142     56,390,320     13,883,822    181,553,612
2016                  71,128,179     56,713,367     14,414,812    195,968,424
2017                  71,851,848     57,060,816     14,791,032    210,759,456
2018                  72,509,198     57,445,581     15,063,617    225,823,073
2019                  73,110,914     57,953,845     15,157,069    240,980,142
2020                  73,938,104     58,403,372     15,534,732    256,514,874
Total 40,000,000   1,782,485,935  1,525,971,061    256,514,874               
P.V.  31,054,394     829,038,796    729,125,310     99,913,486               
                                                                             
                        Current Projected IRR       32.8%                    
assumptions:                                                                 
   Transformation Funds plus Equity for Physical Development $  40,000,000   
   Years Projected                                                      25   
                                                                             
   Years Included in Annual Display                                     25   
   Discount Rate for Calculating Capitalized Cost ("P.V.")               0.07
       (While savings do continue after "Years Projected",                   
        this analysis does not value savings after that point.)              
                                                                             
note: This analysis represents interim conclusions from work in process      
      and will be revised.  This analysis is as of  2/22/96.                 
      The $40 million "social investment" shown above is for illustrative    
      purposes only and will be revised when the "transformation plan"       
      is updated.                                                            


 Home   E-Mail  home at CD root