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Page 2: Cash Fbw 3rz6rz009
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<br />Assumptlgns - - - - - .. Partnership
<br />PaMerahip Management Fee Index 3.505 Pra
<br />~ Rek
<br />In
<br />O
<br />Management Fee
<br />-325 000
<br />Annual Rental Income Mcrease 2.505 ~
<br />Taxes Z.
<br />~b
<br />An1wd Misc, Income Imsease 1.00% Vacancy/Cdlection Loss (L.1, Units) 5.005
<br />Annual Expense Irkrease 7.505 Replacement Reserve (CIry requnenx fi00 pe r unit
<br />Social 6ervke Increase 3-5056 ,
<br />Replacement Reserve Index 0.005
<br />OmcHpOgn Yex f Vear 2 Year 7 Year { Vear 5 Veer 6 Vear 7 Year 3 Year 9 V
<br />ar 10 Y
<br />ii Y
<br />12
<br /> e ear ax Year 17 Vear 76 Year 15 Vear 16 Year 17
<br />Tax-CreS4lncome 3910.485 3933,227 3B5fi,556 3980,471 $1009 O8J 31030,108 31,055,860 51,082,257 51,106,313 31,177,046 51,165,972 37, 199,609 51224.474 $1,255086 $1286
<br />467 51
<br />318
<br />625 51
<br />351
<br />591
<br />Miw Income (Laundry) 59,600 E9,6% $9797 59,891 $9,990 $10,090 510,191 510.292 510,]63 510,499 310904 510,710 510,818 310,92fi ,
<br />511,075 .
<br />,
<br />311,195 ,
<br />,
<br />511,257
<br />Grose Patentlal Income 5920,065 $942,923 3966,350 5990,362 5101497} 51,040, 19H 51066,051 51,092,550 $1,179,709 $1,147.Sbfi $1,176,077 51,205,720 51,275,292 51
<br />266
<br />012 41
<br />297
<br />498 $1
<br />770
<br />729 31
<br />362
<br />H47
<br />less VacancylCopection loss 345,523 346,6fi1 397.828 349,024 350,249 -451505 -552,793 354,113 355,468 356.632 353274 $59,730 -561,224 ,
<br />,
<br />362,754 ,
<br />,
<br />364,323 .
<br />,
<br />365,931 ,
<br />,
<br />367,580
<br />ERective Groes Income 3874,502 38%,261 3918,523 3947,339 3%4.724 3988,692 $1,01]258 41,038,437 51,064,247 $1,090,697 37,117,803 S1.1d5, 589 51
<br />170068 31
<br />203,258 51
<br />233
<br />175 S12fi39]9 51
<br />285
<br />268
<br />lest Opara3n9 Expenses 3572.500 3551,118 3570,427 3590,]92 -361105fi -3632,447 -5654,578 3677,989 3701,201 3725,747 -$751,149 -5777,4]4 ,
<br />-4609,649 ,
<br />-5832,807 .
<br />,
<br />3861,955 -3892,123 ,
<br />,
<br />-3923,349
<br />Nel Operating Income 3342,042 3795,124 3318095 5350,846 5757,668 $356,249 5358680 3360.948 $7fi7,042 3364,950 336fi959 5768.155 $369420 4370,451 3371,220 5371716 $371,920
<br />Lass Debt Service 3200,816 •5300,816 3200,816 -3200,816 -3200.816 -3200,816 3200,816 320D,816 3200,81fi 3200.816 -$200,816 -5200,816 -3200,816 3200.816 -3200
<br />816 -5200916 -5200
<br />816
<br />Less MFP Debt Service 337,Ofi7 377,063 377,067 3J7,D63 337,Ofi3 -537,063 -577, Ofi3 -337,063 337,063 337,063 3]7,063 -337,067 -337
<br />063 -537,063 ,
<br />3]7
<br />083 337
<br />Ofi3 ,
<br />-537
<br />063
<br />Bond laver Fee -34,000 -Sd,000 -54,000 34,000 39,000 -34000 -54,000 -54,000 -Sd,000 34,000 34,000 -Sd 000 ,
<br />-$4,000 -Sd
<br />000 ,
<br />-54000 ,
<br />-59
<br />000 ,
<br />Sd
<br />000
<br />Less Replacement Reserves 380,000 SBO,D00 360,000 360,000 360,000 360,000 360,000 380,000 36D,W0 360,000 360,000 380,000 -460,000 ,
<br />360
<br />000 360
<br />000 ,
<br />360000 ,
<br />-$60 Q00
<br />Leas Parfiership BASeel Management Fee 325,1100 325,875 326781 327.778 328,688 -529992 370,737 331,807 332.920 $79,072 375,265 -536.499 337.777 ,
<br />339,089 ,
<br />340 A6T 341,884 343,350
<br />Net Cash Flaw 515,163 517,770 519,476 $21,350 527,101 324,678 526,069 $27,262 528,243 528,999 529,516 529,777 529,768 529477 528,874 527,957 326,692
<br />Gash Flaw 515,16] 517,370 519476 521,350 327,101 524,676 526,Ofi9 527,2fi2 528,243 328,999 329,516 326,777 $29,769 529,477 879
<br />528 527
<br />957 526
<br />692
<br />Dretrbution to BRIDGE 5091 37,582 30685 -59,718 310,875 311,550 312,334 -517,035 313,871 314,122 314,500 314,758 311,889 319,884 -$74737 ,
<br />314,437 ,
<br />313
<br />977 ,
<br />377
<br />346
<br />Dlstrlbuaan 1a Giry 255 37 791 31,743 39,859 35,337 35 775 36,170 Sfi 517 36,816 -57,061 37,250 37,379 37,444 37 dd2 -47,768 -57
<br />218 ,
<br />36
<br />988 ,
<br />673
<br />36
<br />DistrlbWan to Stale 2595 33,791 34,343 34,859 35,377 35,775 .Sfi,170 36,517 -56.81fi -37,Ofi1 37,250 37,379 37<44 37,142 37,368 ,
<br />37,218 ,
<br />36,988 ,
<br />36,673
<br />
<br />
<br />Net Gash Flow ::mane
<br />
<br />SO =_- ::_
<br />
<br />SO
<br />=:=z___
<br />$D =__-.an
<br />
<br />50 =____.~
<br />
<br />SO
<br />_-_-__
<br />30 _ _3az-
<br />_ _
<br />50 =-==~m~
<br />
<br />30 ====z=T
<br />
<br />30
<br />__ _____
<br />0 ~a~ssa. _-______
<br />_________
<br />--__::
<br />_
<br />f=___::_
<br />=--__n=
<br /> 3 EO 50 50 SO 30 30 SO
<br />Deurlptlon Year 73 Vear 79 Year ZO Year Z1 Year 22 Vear 2] Year 21 Year ZS Y
<br />28 Y
<br />27 Y
<br /> ear ear ear 23 Year 28 Vear ]I1 Year ]1 Vear ]Z Year ]] Year 74
<br />ABordabk R<n~
<br />' 31,]85,380 31,420,015 31455,515 51,191,90) 51,529,201 51,567,471 4190fi,fi17 31,846782 51,687,952 51730,150 3177],409 31,817.779 51
<br />863,783 51
<br />909
<br />762 31
<br />957
<br />506 32
<br />006
<br />144 056
<br />605
<br />52
<br />M
<br />u.lncame (Laundry) 311,369 311,483 311,598 511,714 511,8]1 511,949 312,069 512,166 512,311 512,434 512,559 312,684 ,
<br />512911 ,
<br />,
<br />312.9]9 .
<br />,
<br />317,064 ,
<br />,
<br />313,189 ,
<br />,
<br />513,3]1
<br />Gross Patentlal Income 31,3%,750 51,931,498 S1 967,113 31,503617 31,541,032 31,579,380 31918685 31658,974 31,70026] 31,742,585 31785,%3 31,830429 31,875.994 31,822.702 $1,870
<br />575 32
<br />019647 52
<br />069
<br />937
<br />leas VacancylCoBeceon Loss 389,269 371,001 372,776 374,595 376,460 -$78,969 300,331 -582338 381,398 386,508 388670 39D,BH7 393.159 395,a8B ,
<br />397,875 ,
<br />-4100,722 ,
<br />,
<br />3102,830
<br />ERechee Gross Income 51,727,481 31,360,497 31,]94,777 $1,429,022 $1,469,572 $1,5DD,411 31,578,755 $1,576932 51615.865 51,656,077 51,69729) 51,779,517 31,782,875 57927
<br />279 31
<br />872
<br />700 57
<br />919
<br />321 31
<br />%7
<br />106
<br />lase Operating Expenses y955,665 -3989,113 31,023772 31,059,563 -31,0%,647 -31,175,030 -51,179,7$6 31,215,872 -$7,258,928 -$1,702,473 -51,348,059 -51,795,242 31,949,075 ,
<br />31 904618 ,
<br />.
<br />31,396, 929 ,
<br />,
<br />31601,072 ,
<br />,
<br />-41,657,109
<br />Net Operating Income 5771,876 5371,384 $770,605 $769,959 5767.920 3765,781 3367,599 5360,760 3]57,437 3353,604 3709,233 5344.295 4338760 53]2,5% 5325771 5378,249 $}08.997
<br />less Debl Servke 3200,818 -5200916 3200,816 3200,816 -3200,816 -3200,816 -3200,816 -3200.816 $200.816 -3200,816 -$200,816 -5200,876 -5200,816 50 SO f0 50
<br />Less MMP Debt Servke -337,067 337,063 377,067 337,067 337,063 -$37,063 -337,063 -577,063 377,083 377,063 377,063 377.Ofi3 -537
<br />067 -377
<br />063 -337
<br />087 -577
<br />083 -537
<br />067
<br />Bond Issuer Fee -34,000 -34,000 34,660 34,000 34,000 34,000 -34,000 -34,000 -34,000 34000 34,000 30,000 ,
<br />34,000 ,
<br />-54 000 ,
<br />-54
<br />000 ,
<br />34
<br />000 ,
<br />39
<br />000
<br />Leea Replacement Reserves -560,000 360,000 380,000 360,000 360,000 360,000 360,000 360,000 360,000 36D,BDD 360,000 360,000 360,000 360,000 ,
<br />360,000 ,
<br />360,000 ,
<br />-560
<br />000
<br />Less Partnership Management Fee 343,350 309967 34fi,137 348,Ofi3 348,705 -351486 -f 53,2HH -555.157 357,083 359.081 361,148 363289 365,504 367,797 370,170 372626 ,
<br />-575,168
<br />Nel Gash Fbw 326,588 5299]9 522,289 319,518 516,301 312.077 38472 53,728 -31,525 37356 -313,795 -520,873 328,627 37fi3,736 $159,576 3144,561 5137,766
<br />Cash Flaw 526,588 324879 522,289 319,518 316,701 512.017 58,472 33,728 -47525 37,35fi -517795 -320,873 -328,62] 5163736 5159
<br />538 5144
<br />561 $13}
<br />766
<br />Dietributlonro BRIDGE 50°b 313,280 312.319 311,145 39759 38.750 36006 -51,216 -31,884 3762 33,678 56,897 570,4]6 514,712 -381.868 ,
<br />377,269 ,
<br />372,280 ,
<br />-$66,883
<br />Distribution to City 255 -58 647 3fi.160 -35,572 Sd,880 34075 33 004 -52,108 3932 5]81 31939 5],449 55218 37.156 340.974 378 634 336,140 333,442
<br />DbtribuEan to State 25% -56,647
<br />=tee'--t -38,760
<br />.:.:~-- 35,572
<br />.-~m~_ -34,880
<br />__ -54,075
<br />'____ -37,004 -52,108 -5832 3781 51,839 57,498 55,218 57,156 -340974 -538634 -476,740 -533,942
<br />
<br />
<br />Net Cash Ffow
<br />____
<br />SO
<br />- __
<br />SO
<br />
<br />$0
<br />_______
<br />SO .:z~
<br />_____
<br />30
<br />-.--___
<br />30
<br />_________
<br />30
<br />_~_____
<br />SO =~___z:
<br />
<br />30 ==___f~_
<br />
<br />SO
<br />___:____
<br />so __z~_sa:
<br />
<br />EO ....:___
<br />
<br />30
<br />__-_ .-_t
<br />30
<br />:.___~
<br />SO _______
<br />
<br />30
<br />______~__
<br />30
<br />The AHimde PmMme MRP /5032509
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