to home page  Home   E-Mail   Page Bottom     SiteTree (all case studies)    HomePage    Index (this case study)    MV    AVI    QTR    A87SCH    Format420    Format418    Format424    Format426    Format421    Format409    Format410    Format411    Format401    Format413    Format412    Format404    Format429    Format402    Format422    Format428    Format405    Format406    Format407    Format408    Format415    Format416    Format417   

NDC Covenant Village in Belle Glade - 144 Units

Schedule A: Project Cash Flow

Annual

  Total 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996
DEVELOPMENT/CAPITAL ACCTS                        
Depr. assets acquired                        
Land Development -670320 -670320                    
Building Cost -3146089 -3146089                    
Service structures -57600 -57600                    
Architecture & Engineering -98107 -98107                    
Elevator/Escalator                        
Furniture & Equipment                        
Misc. Administration -441523 -441523                    
Dev. Costs Expensed                        
Grants & Reimbursements                        
Contingency -157304 -157304                    
Land -350000 -350000                    
Financing Fees -207423 -207423                    
Construction Interest -355283 -355283                    
Internal Interest                        
Accounting Transfers                        
Capitalized Cost -5483650 -5483650                    
Capital Replacement -278065   -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807
Ending Value . 5,373,977                     5,373,977
Capital Before Fin -387738 -5483650 -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 5,346,171
Principal Flows . 1,963,903 5,483,650                   -3519747
Developers Capital 1,576,164   -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 -27807 1,826,424
                         
OPERATIONS                        
Income 6,337,226   633723 633723 633723 633723 633723 633723 633723 633723 633723 633723
Expenses . -2232000   -223200 -223200 -223200 -223200 -223200 -223200 -223200 -223200 -223200 -223200
Net Avail. for D.S. 4,105,226   410523 410523 410523 410523 410523 410523 410523 410523 410523 410523
Debt Service -2972922   -297292 -297292 -297292 -297292 -297292 -297292 -297292 -297292 -297292 -297292
Ground Rent                        
Participation .                        
Cash Flow 1,132,304   113230 113230 113230 113230 113230 113230 113230 113230 113230 113230
Amortization . 540173   35828 38995 42442 46193 50276 54720 59557 64822 70551 76787
Earnings B.N.C.C. 1,672,476   149059 152225 155672 159424 163507 167951 172788 178052 183782 190018
Non-Cash Charges . -2120454   -238123 -243685 -249246 -254807 -260369 -174845 -174845 -174845 -174845 -174845
Taxable Income -447977   -89065 -91459 -93574 -95384 -96862 -6894 -2057 3207 8937 15173
                         
FINANCING SUMMARY                        
Project Cash Flow. 4,280,194 -4920944 382716 382716 382716 382716 382716 382716 382716 382716 382716 5,756,693
Developer 2,708,468   85424 85424 85424 85424 85424 85424 85424 85424 85424 1,939,654
Lender 2,530,499 -2755767 286325 286325 286325 286325 286325 286325 286325 286325 286325 2,709,342
Investor                        
Other Entities 355283 355283                    
Public -1314057 -2520460 10967 10967 10967 10967 10967 10967 10967 10967 10967 1,107,697


 Home   E-Mail  home at CD root  Page Top     SiteTree (all case studies)    HomePage    Index (this case study)    MV    AVI    QTR    A87SCH    Format420    Format418    Format424    Format426    Format421    Format409    Format410    Format411    Format401    Format413    Format412    Format404    Format429    Format402    Format422    Format428    Format405    Format406    Format407    Format408    Format415    Format416    Format417