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TABLE 4 <br />EXHIBIT 3 <br />SILENT SECOND MORTGAGE REVENUE SAMPLE CALCULATION <br />6 FOR -SALE LOW INCOME UNITS <br />HABITAT FOR HUMANITY - WASHINGTON AVE <br />SANTA ANA, CALIFORNIA <br />I. Silent Second Mortgage Amounts <br />Available Silent Mortgage Revenue <br />Estimated Market Rate Sales Price 1 $638,000 <br />(Less) Low Income Affordable Sales Price z (175,500) <br />II. Available Silent Mortgage Revenue (Per Unit) <br />$462,500 <br />1 Based on KMA survey of sales comparables for attached three -bedroom units in Summer 2022. The market rate sales price will be determined by <br />a fair market value appraisal that assumes no income restrictions prior to the sale of each unit. <br />Z The final Affordable Sales Prices will be set prior to the sale of each unit. <br />Prepared by: Ke)0jttya VHiates, Inc. 21 - 21 11 /15/2022 <br />File name: Habitat Washington Avenue_10 27 22.x1sx; Pf <br />