to home page  Home   E-Mail  SiteTree (all case studies)    HomePage    Index (this case study)    MV    AVI    CM    OM    QTR    CAPREP    CSF    MTGES    A87SCH    UNITMIX    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   

Covenant Village: 9% Tax Credit: $1.6M PBC

Schedule E: Taxable Income

Annual

  Total 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Net Avail.for Debt Svc. 4,300,275 15713 252398 256581 260688 264707 286301 290104 293776 297302 294440 291396 294375 297131 299642 301885 303834
Ground Rent -320466 -5466 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000 -21000
Participation                                  
1st Mortgage Interest -2187419   -85323 -169311 -167385 -165267 -162940 -160382 -157569 -154478 -151079 -147344 -143237 -138724 -133762 -128307 -122312
2cd Mortgage Interest -116000   -4000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000 -8000
3rd Mortgage Interest -435300   -12075 -24700 -25451 -26225 -27023 -27845 -28692 -29565 -30464 -31391 -32345 -33329 -34343 -35387 -36464
Credit Enhancement -162000 -6000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000 -12000    
Bridge Loan Interest -249763   -69664 -106762 -57607 -15730                      
Debt Service Acctg.Adj. -193543 -35463 -158080                            
Schedule #Dep.4796418 1 27.5yrs -2659832 -43604 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415 -174415
Schedule #Dep. 274800 1 5 yrs -274800 -13740 -54960 -54960 -54960 -54960 -41220                    
Schedule #Dep. 54000 1 15 yrs -54000 -900 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -3600 -2700
Schedule #Dep. 0 2 7 yrs -256107                   -38296 -65650 -46893 -33495 -23925 -23925 -23925
Total -2608954 -89460 -342719 -318167 -263730 -216491 -163897 -117138 -111500 -105755 -144414 -172003 -147116 -127432 -111402 -92750 -84981


 Home   E-Mail  home at CD root