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$2,023,903 NOI $50,500,000 Purchase price Total Uses Uses $263,224 renovation costs $2,020,000 closing costs 2283224 borrow at 7 percent 10 year loan Rest is paid

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$2,023,903 NOI

$50,500,000 Purchase price

Total Uses

Uses

$263,224 renovation costs

$2,020,000 closing costs

2283224 borrow at 7 percent 10 year loan

Rest is paid in equity 50,500,000

4.5s SENSITIVITY ANALYSIS LEVERAGED IRR 4.5s SENSITIVITY ANALYSIS LEVERAGED IRR

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