Laserfiche WebLink
The Crossroads at Washington - Updated Closing Proforma (v04r) <br />PBV Overhang Calculation - Separated by AHAP <br />SEPARATED <br />OCHA 2021 <br />Income <br />Catergory PBS8 Units <br />Payment <br />Standard <br />TCAC Gross <br />Rents <br />Per Unit <br />Overhang <br />Monthly <br />Overhang <br />Annual <br />Overhang <br />Studio <br />30% TC 16 1,682 711 971 15,536 186,432 <br />1 Bedroom <br />30% TC 26 1,867 762 1,105 28,730 344,760 <br />2 Bedrooms <br />30% TC 1 2,278 915 1,363 1,363 16,356 <br />Total 43 Gross Overhang 45,629 547,548 <br />Less Vacancy 10.00%(4,563) (54,755) <br />Less Monitoring Fee (197) (2,365) <br />Less Management Fee - - <br />Net Overhang 40,869 490,428 <br />DCR 1.15 <br />Interest Rate 6.02% <br />Term (months)480 <br />Maximum Loan Amount 6,442,663 <br />Actual Loan Amount (Rounded Down)6,442,000 <br />Annual Payment 426,415 <br />SAHA 2021 <br />Income <br />Catergory PBS8 Units <br />Payment <br />Standard <br />TCAC Gross <br />Rents <br />Per Unit <br />Overhang <br />Monthly <br />Overhang <br />Annual <br />Overhang <br />3 Bedrooms <br />30% TC 10 3,114 1,057 2,057 20,570 246,840 <br />4 Bedrooms . <br />30% TC 5 3,601 1,179 2,422 12,110 145,320 <br />Total 15 32,680 392,160 <br />Less Vacancy 5.00%(1,634) (19,608) <br />Net Overhang 31,046 372,552 <br />DCR 1.15 <br />Interest Rate 6.02% <br />Term (months)480 <br />Maximum Loan Amount 4,894,146 <br />Actual Loan Amount (Rounded Down)4,894,000 <br />Annual Payment 323,949 <br />EXHIBIT 5