Using the pro-forma table below, what is your levered equity multiple? 3 4 5 6 Purchase Price Loan Proceeds Loan Fees NOI -DS BTCF 0 (1,538,462) 833,333 (16,667) 100,000 103,000 109,273 (50,000) (50,000)(50,000) 50,000 53,000 59,273 119,406 (50,000) 69,406 134,393 155,798 (50,000) (50,000 84,393 105,798 INSP -Loan Payoff BTER 2.110,000 (830,000 1,280,000 Unlevered Discount Rate: Levered Discount Rate: 10% 12% 2.00 1.42 1.74 2.21 Using the pro-forma table below, what is your levered equity multiple? 3 4 5 6 Purchase Price Loan Proceeds Loan Fees NOI -DS BTCF 0 (1,538,462) 833,333 (16,667) 100,000 103,000 109,273 (50,000) (50,000)(50,000) 50,000 53,000 59,273 119,406 (50,000) 69,406 134,393 155,798 (50,000) (50,000 84,393 105,798 INSP -Loan Payoff BTER 2.110,000 (830,000 1,280,000 Unlevered Discount Rate: Levered Discount Rate: 10% 12% 2.00 1.42 1.74 2.21