Question: C13 B 1 Purchase or Development Cost Detail 2 a) Purchase Detail 3 Purchase Indicator 4 Purchase Price (5) 14,000,000 5 Non Depr Land Value
C13 B 1 Purchase or Development Cost Detail 2 a) Purchase Detail 3 Purchase Indicator 4 Purchase Price (5) 14,000,000 5 Non Depr Land Value (S) 2.500,000 6 Depreciable Land Impe (S) 500,000 7 Acquisition Costs (5) 45,000 B 9. b) Interim Finance and Development Cont 10 Equity Investment 11 Construction Loon Amount 12 Construction Loan Interest Rate 6.500% 13 Points 1.000 D G H Data Input For an existing building, enter 1 as the Purchase Indicator, then enter the purchase price of the building (including land) and the estimated land value. The depreciable land improvment is for the estimated land cost that can be depreciated. The aquisition costs are all costs in addition to the purchase price incurred in purchasing the building. LTCX 70% Total Dollars Disbursed Equity Dollars Bank Draw End of 15 Month 16 17 Payment to Bank Interest Bank Bank Total Bank Balance Monthly Disbursement 0 1 19 20 21 3 4 5 23 7 24 8 25 9 26 - 10 27 28 12 29 Sumns 30 31 Ending Loan Balance 32 Sum of Payments 33 = Total Paid to Lender 34 Total Disbursed by Lender 35 Total Paid to interest 36 22 C13 B 1 Purchase or Development Cost Detail 2 a) Purchase Detail 3 Purchase Indicator 4 Purchase Price (5) 14,000,000 5 Non Depr Land Value (S) 2.500,000 6 Depreciable Land Impe (S) 500,000 7 Acquisition Costs (5) 45,000 B 9. b) Interim Finance and Development Cont 10 Equity Investment 11 Construction Loon Amount 12 Construction Loan Interest Rate 6.500% 13 Points 1.000 D G H Data Input For an existing building, enter 1 as the Purchase Indicator, then enter the purchase price of the building (including land) and the estimated land value. The depreciable land improvment is for the estimated land cost that can be depreciated. The aquisition costs are all costs in addition to the purchase price incurred in purchasing the building. LTCX 70% Total Dollars Disbursed Equity Dollars Bank Draw End of 15 Month 16 17 Payment to Bank Interest Bank Bank Total Bank Balance Monthly Disbursement 0 1 19 20 21 3 4 5 23 7 24 8 25 9 26 - 10 27 28 12 29 Sumns 30 31 Ending Loan Balance 32 Sum of Payments 33 = Total Paid to Lender 34 Total Disbursed by Lender 35 Total Paid to interest 36 22
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