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Eno Haven
<br />Alternate Scenario Analysis
<br /> Total Costs Eligible Basis
<br /> $1M taxable
<br />bond $1M tax-
<br />exempt bond
<br />3. On-site Im rovements $820 000 S820 000 $820 000
<br />5. Construction of New Buildin s $4,000,000 $4,000,000 $4,000,000
<br />7. General Re uirements $385,600 $385,600 $385,600
<br />8. Contractor Overhead $104112 $104112 $104,112
<br />9. Contractor Profit $416,448 $416,448 5416 448
<br />10. Construction Contin env $171,785 $171,785 $171,7$5
<br />22. Architect's Fee- Desi n $142 600 $142 600 $142,600
<br />12. Architect's Fee -Ins ection $30,000 $30,000 S3 000
<br />14. Construction Loan Ori .Fee $50,000 $50,000 $50,000
<br />25. Construction Loan Interest 5210,000 $210 000 $210,000
<br />17. Construction Period Taxes $65 000 $65,000 565,000_
<br />28. Water, Sewer and Im act Fees $107,920 5107,920 $107,920
<br />29. Surve $30,000 $30,0 530,000
<br />20. Property Appraisal $6,000 $6,000 $6,000
<br />21. Environments[ Re ort $4,000 $4,000 $4,000
<br />22. Market Stud $4,400 $4 400 $4400
<br />23. En ineerin
<br />26. Permanent Loan Ori ination Fee $50,000
<br />$34,500 550,000 $50,000
<br />28. Title and Recordin $5,000
<br />9. Resl Estate Attorne $25,000 $25,000 $25,000
<br />0. Other Attorne 's Rees $10,000 $10,000 $10,000
<br />32. Tax Credit A Fees $42,064
<br />. Cost Certification and Accountin $12,004 $4,500 $4,500
<br />35. Tax Credit Monitoring Fee 553,200
<br />36. Furnishin s and E ui ment 540,000 $40,000 $40,000
<br />38. Develo er's Fee 5800,000 $800,000 $800,000
<br />1. Rent-u Ex enses
<br />aa. Off-site infrastructure $50,000
<br />$20,(100
<br />44. Rent u Reserve $27 000
<br />45. O eratin Reserve $230,681
<br />48. DEVELOPMENT COST (lines 1-4 $7,946 310 $7,477,365 $7,477,365
<br />S1. Less Non ualified Nonreeourse Financin $0 $2,000,000
<br />53. TOTAL ELIGIBLE BASIS $6,477,365 $7,477 5 $6,477,365
<br />S4. A livable Fraction 100.00% 100.00% 100.00%
<br />57. TOTAL UALIFIED BASIS $6,477 65 $7,477 65 $6,477,365
<br />58. Tax Credit Rate 7.94% 7.94% 7.94%
<br />60. FEDERAL TAX CREDITS at 7.94% $514,303 $593 703 $514 303
<br />62. Land Cost $1000,000
<br />b3. TOTAL REPLACEMENT COST $8,946 310
<br />$1 Mtax-exempt bond must be removed from eligible basis.
<br />Resulting in a reduction of annual tax credits
<br />~+ 1
<br />611/3W8 4.04 PM
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