Pmleat Data
<br />Operating Economlo Assureptlers
<br />Fooad',
<br />Wesel.. House
<br />Vacanry Rate Non-PSH UNIs
<br />S,OFM
<br />Vereney Rate PSH Units
<br />5.0M
<br />Toter Units
<br />05
<br />Income"fat.,
<br />2.00%
<br />Expenae ln0ala,
<br />3.00%
<br />Land Area
<br />212
<br />RFTaa Into.,
<br />2A0%
<br />Units Per Acre
<br />4C.09
<br />OCTNOA
<br />YES
<br />Conslrandon Leane
<br />Centatolne, Period
<br />30
<br />4%or 8°A Flin ndn9
<br />4,or.
<br />Lean Amount
<br />40,20I
<br />Federal Tax overt Price
<br />0,925
<br />Loan Fees
<br />- C.00%
<br />To,Bxampl Loen
<br />$23,090.343
<br />TrEB.
<br />Taxable Loon
<br />$16,209,657
<br />225%
<br />Blended Lean Rate
<br />2.60%
<br />PormanantLoan, Faa
<br />Interest AmOtltaaton Amount
<br />Permanent Loans
<br />4, 11% Pau
<br />14FMO 000
<br />80X 0", Loans
<br />Interest
<br />3.Lare
<br />PROJECT UNIT MIX
<br />MONTHLY
<br />AMI
<br />REORBBMC
<br />SF
<br />UNITS
<br />MGR
<br />PERCENT
<br />P.X.G
<br />UTILITY
<br />NETTCAC
<br />PBV ANNUAL
<br />TCACRENT
<br />ALLOWANCE
<br />RENT
<br />WNTRACTRENTS RENTALINCOME
<br />30%
<br />1
<br />40&523
<br />23
<br />0
<br />27%
<br />762
<br />0
<br />102
<br />1,087 5152a2.0o
<br />30%
<br />2
<br />756
<br />3
<br />1
<br />4%
<br />015
<br />o
<br />a15
<br />2.2I0 132,000,00
<br />30%
<br />3
<br />a33 1,101
<br />21
<br />0
<br />25%
<br />to5$
<br />76
<br />981
<br />0 247,212,00
<br />OVA
<br />3
<br />HS, I'm
<br />13
<br />0
<br />15%
<br />2,114
<br />AS
<br />2038,
<br />0 311,920 00
<br />30%
<br />4
<br />1,1F8
<br />16
<br />0
<br />19%
<br />i,TF9
<br />95
<br />1ON
<br />0 208,126.W
<br />60%
<br />4
<br />1,191E
<br />8
<br />0
<br />10%
<br />2,35B
<br />95
<br />2263
<br />0 21T,240A0
<br />TOTAL
<br />84
<br />1
<br />ROD
<br />1,SB7,810
<br />CONSTRUCTION SOURCES
<br />TOTAL
<br />Contender Loen
<br />$40.200.000
<br />No, lnvea.r EgldN
<br />$4,793.500
<br />OCHFT
<br />$1,450,340
<br />City of Santa Ana
<br />$3,904,341
<br />CCP o2 L[O
<br />$350,000
<br />DUF
<br />$81L930
<br />TOTAL SOURCES
<br />$51,490.120
<br />PERMANENT SOURCES
<br />TOTAL
<br />Mel Toaster Equity (Federal)
<br />$19,0041000
<br />POLSmant Lean
<br />$14,05o,IIW
<br />CDP OZ LUC
<br />$J.,.
<br />OCHFT
<br />$1,450,349
<br />Cory 01 Santa Are
<br />$30,13"1
<br />NPLH
<br />$T,31253]
<br />County at Orange MHSA
<br />$4,156200
<br />Deterred Oevelapar Fee
<br />$1,010,61,
<br />TOTAL SOURCES
<br />$61,490,1.
<br />AMI
<br />NO. UNITS
<br />30. co%
<br />63
<br />3500%
<br />0
<br />4000%
<br />0
<br />45.00%
<br />0
<br />50, ao%
<br />0
<br />Sono%
<br />0
<br />80.00%
<br />21
<br />Total A%a.ade
<br />84
<br />Monaeo,Unll
<br />1
<br />TOTAL UNITS
<br />05
<br />Stabilized Cash Flow
<br />INCOME
<br />TOTAL
<br />PER UNIT
<br />Gross Po.nllal Barrel lnroone
<br />LG17,810
<br />18.000
<br />Laundry lnc0m0
<br />12240
<br />144
<br />Gross Commardal lnwm0
<br />0
<br />0
<br />Vacanry and Collandel
<br />I00 003)
<br />EmB
<br />EFFECTIVE GROSS INCOME
<br />L6201053
<br />9,803
<br />EXPENSES
<br />TOTAL
<br />PER UNIT
<br />Operating Exporter,
<br />053,10B
<br />7.084
<br />Other ( 1
<br />C
<br />0
<br />Sodal UTA'so
<br />42,500
<br />5W
<br />Reod'so
<br />0
<br />0
<br />TOTAL EXPENSES
<br />095,00)
<br />0,184
<br />NET OPERATING INCOME 024,38E 91699
<br />TOTAL DEBT SERVICE 710,222
<br />NET CASH FLOW
<br />CONSTRUCTION USES OF FUNDS
<br />TOTAL
<br />Land/Acqulailion Coale
<br />U."75,000
<br />Total Hard Costs
<br />$3L540, 120
<br />Hard Cost Con11n0onry
<br />$1.114.
<br />COneaadl0n Into,..
<br />$2150000
<br />Loan Fees
<br />$381700
<br />Boll Cools
<br />$6,019, Cl
<br />OPoLdn9 Reserves
<br />$352eT3
<br />soft Code COnllng"uy
<br />$207,a00
<br />Devatopar Too
<br />2 SOEDOO
<br />TOTALOEVELCPMENT COSTS
<br />$61,490,120
<br />[PERMANENT USES OF FUNDS
<br />TOTAL
<br />Land/AcgnlettOn Coale
<br />g8,8lS,OOO
<br />Total Hard Costs
<br />$3TIN8,120
<br />Held Cast Comineene,
<br />$1,S73,406
<br />o0mader Inlereal
<br />$2150.000
<br />Loen Fees
<br />$381.700
<br />SonCttes
<br />$0,ot1,121
<br />Operelln9 Reearves
<br />$362,073
<br />Soil Costs Courtney
<br />$207.800
<br />Developer Fee
<br />V. EDO000
<br />TOTAL DEVELOPMENT COSTS
<br />$61,490.120
<br />'I'Turned Basle 129,507,377
<br />Floods Basta 40,492,036
<br />Reduauea O
<br />Total AQusled Eliride Beats
<br />02.630,647
<br />BBNOCT Boost
<br />130%
<br />Total Quelllled Basis
<br />52639647
<br />Credll Rare
<br />4,a0%
<br />Treat Avellable Annual Cre?N
<br />2,105ON,
<br />Total Raquos.d Federal Crack,
<br />2,105,586
<br />.of Free
<br />a
<br />Netlnuesler Equity
<br />1g,o94p00
<br />Total Requested Slate Credits
<br />a
<br />Credit Pass
<br />90.0E
<br />Net nvester Equity
<br />o
<br />,E)LAODNESINVE6TL3}2 EQUITY
<br />$1.9,094O00.001
<br />
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