to home page to home page to home page  E-Mail  SiteTree (all case studies)    HomePage    Index (this case study)    MV    AVI    FINFEES    QTR    ENT    DEP    TAXCR    Format420    Format418    Format424    Format426    Format421    Format409    Format410    Format411    Format401    Format423    Format413    Format414    Format412    Format404    Format429    Format402    Format422    Format428    Format405    Format406    Format407    Format408    Format415    Format416    Format417   

601 Liberty, 1.1M sf Office, Conventional Mortgage

Schedule C: Residual Values & IROR's

(column heading(s) indicate method for calculating residual value)

  Capitalized value
PROJECT  
165 Capitalized Cost (TCC) 164170
190 Residual Value 308972
195 Land Residual 61794
670 Mtge Amortization 130571
710 Depreciation 106599
   
Developer  
1 196 Equity Residual 79848
1 370 Return of Investment 36759
1 880 Inc.Taxes:Equity Residual -51861
1 916 Pre-Tax Present Value 20518
1 917 After-Tax Present Value 23546
1 926 Pre-Tax Net Cash 139372
1 927 After-Tax Net Cash 110753
   
Lender  
2 670 Mtge Amortization 130571
2 916 Pre-Tax Present Value 3240
2 926 Pre-Tax Net Cash 185133
   
Investor  
3 195 Land Residual 61794
3 916 Pre-Tax Present Value 8053
3 926 Pre-Tax Net Cash 73902
   
Other  
4 916 Pre-Tax Present Value 2695
4 926 Pre-Tax Net Cash 20426
   
All Participants  
99 916 Pre-Tax Present Value 65935
99 926 Pre-Tax Net Cash 418833
   
Developer  
1 936 IROR Pre-Tax 30.86
1 937 IROR After-Tax 55.28
1 938 FMRR Pre-Tax 25.6
1 939 FMRR After-Tax 29.79
   
Lender  
2 936 IROR Pre-Tax 15.79
2 938 FMRR Pre-Tax 14.31
   
Investor  
3 936 IROR Pre-Tax 22.05
3 938 FMRR Pre-Tax 20.92
   
Other  
4 936 IROR Pre-Tax 14.7
4 938 FMRR Pre-Tax 13.09
   
All Participants  
99 936 IROR Pre-Tax 19.06
99 938 FMRR Pre-Tax 17.64


to home page  E-Mail  home at CD root