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calculate sale proceeds use those information below oard Name of Investment Purchase Price Indie Ruth Asset $50,000,000 Date Acquired 1/3/2021 Sources of Capital $ Amount

  calculate sale proceeds use those information below

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oard Name of Investment Purchase Price Indie Ruth Asset $50,000,000 Date Acquired 1/3/2021 Sources of Capital $ Amount Ratio % Debt Proceeds $0 0% Equity Capital $50,000,000 100% Total Capital Uses $50,000,000 Hold Period (Months) 120 Exit Date 1/31/2031 Exit Cap Rate 10.00% Exit Month's NOI $63,465,856 Gross Exit Price $634,658,564 Sale Cost Ratio 3.00% Sale Cost Net Sale Proceeds $1,500,000 ZF $13,465,856 IRR Multiple Monthly -19.88% 0.20x Quarterly -19.89% -11.34x

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