Laserfiche WebLink
Difference in Net Operating Income –Market Rate vs. Affordable <br />8 <br />Type # of Bedrooms Monthly Rent Income Available for <br />Debt Service <br />1 1,400$ <br />2 2,500$ <br />3 2,800$ <br />1 848$ <br />2 1,017$ <br />3 1,175$ <br />Difference N/A N/A (1,186,580)$ <br />Type # of Bedrooms Monthly Rent Income Available for <br />Debt Service <br />1 1,400$ <br />2 2,500$ <br />3 2,800$ <br />1 508$ <br />2 610$ <br />3 705$ <br />Difference N/A N/A (1,613,043)$ <br />97-Unit Apartment <br />Market Rate Rents <br />Rents @ 50% AMI <br />97-Unit Apartment <br />Market Rate Rents 1,475,094$ <br />Rents @ 30% AMI (137,949)$ <br />1,475,094$ <br />288,514$