Laserfiche WebLink
ASSUMPTIONS \ <br /> DATE 05-Jun-97 - <br /> PROJECT NAME MOUNDSVIEW/NEW CONSTR.&REHAB <br /> NUMBER OF UNITS 56 <br /> DATE PLACED IN SERVICE 01-Jul-98 <br /> OCCUPANCY 95.00% <br /> TAXES/UNIT $675 <br /> OPERATING EXPENSE/UNIT $2,550 <br /> ANNUAL RESERVE/UNIT $250 <br /> 1. USES <br /> o�b� <br /> LAND AND BUILDING $1,310,000 <br /> HARD COSTS 5ti u 9 O $2,490,000 <br /> SOFT COSTS — iatto$c) • $710,000 <br /> RELOCATION $220,000 <br /> RESERVES $205,000 •211 410 cyoa <br /> TOTAL $4,935,000 <br /> 2. SOURCES • <br /> FIRST MORTGAGE �-75. � ' <br /> $1,350,000 adv <br /> EQUITY (INVESTOR/DEVELOPER) 36'1- $1,663,000 29. <br /> HOLMAN los• $978,000 fO-'- <br /> RAMSEY COUNTY (HOME LOAN) Ys, $200,000 y .2c/Wv <br /> FEDERAL HOME LOAN BANK II $224,000 ilp <br /> CITY OF MOUNDS VIEW (TIF LOAN) sfo $230,000 <br /> MHFA (DEFERRED LOAN) ' $290,000 i /oo,404 <br /> TOTAL $4,935,000 <br /> tr'hv.+. a e fe.42 <br /> • <br />