Given the information provided, how is break even vacancy and added margin calculated for each property?

Exhibit 1 Property Allison Green 900 Stony WalkIvy Terrace The Fowler Building Number of units/or square feet of rentable space A) Gross Purchase Price B) Depreciable Base C)Depreciable Life (Capital Recovery Period D) Estimated Sales Price E) Expected Year of Sale F) Cash Flow from Operations G) Annual Increase in CFO H) Leasehold Payments I) Equity Investment J) Amount of 1st Mortgage 100 80 $8,400,000 S8,400,000 50,000 S9,400,000 $9,400,000 $11,500,000 $9,600,000 $7,500,000 S8,000,000 27.5 S12,500,000 $14,500,000 $10,500,000 S13,300,000 $870,200 S1,057,200 S765,700 S788,300 S3,600,000 S6,000,000 S3,500,000 $8,000,000 S2,900,000 S5,500,000 $70,000 $2,400,000 $7,000,000 1) Interest Rate 2) Term 3) Amortization Period 4) Constant Loan Payments 10 years 30 years 10 years 30 years 20 years 25 vears Exhibit 2: First Year Project Setups (Final) Property: Allison Green 900 Stony WalkIvy Terrace e Fowler Building 7% Vacancies Real Estate Taxes 7% Property: Allison Green900 Stony Walk Ivv Terrace Fowler Building 1,742.00S (BH.D) 1,296.00S Gross Rents Vacancies Effective Gross Income Real Estate Taxes 1.205.28 S (129.60) S 1,368.00 S 1,185.75 (127.50 Other Op Expenses Capital Reserves (368.56)S (289.98) S (254.95) 00) (300.00)S 25 Cash Flow from Ops (NOD 870.20 S 1,057.20 |S 765.70 S 788.30 Finance Payments (435.90) S Lease Payments (30.00)| S Before Tax Cash Flo 434.30 S 331.15 S 336.13 S Exhibit 1 Property Allison Green 900 Stony WalkIvy Terrace The Fowler Building Number of units/or square feet of rentable space A) Gross Purchase Price B) Depreciable Base C)Depreciable Life (Capital Recovery Period D) Estimated Sales Price E) Expected Year of Sale F) Cash Flow from Operations G) Annual Increase in CFO H) Leasehold Payments I) Equity Investment J) Amount of 1st Mortgage 100 80 $8,400,000 S8,400,000 50,000 S9,400,000 $9,400,000 $11,500,000 $9,600,000 $7,500,000 S8,000,000 27.5 S12,500,000 $14,500,000 $10,500,000 S13,300,000 $870,200 S1,057,200 S765,700 S788,300 S3,600,000 S6,000,000 S3,500,000 $8,000,000 S2,900,000 S5,500,000 $70,000 $2,400,000 $7,000,000 1) Interest Rate 2) Term 3) Amortization Period 4) Constant Loan Payments 10 years 30 years 10 years 30 years 20 years 25 vears Exhibit 2: First Year Project Setups (Final) Property: Allison Green 900 Stony WalkIvy Terrace e Fowler Building 7% Vacancies Real Estate Taxes 7% Property: Allison Green900 Stony Walk Ivv Terrace Fowler Building 1,742.00S (BH.D) 1,296.00S Gross Rents Vacancies Effective Gross Income Real Estate Taxes 1.205.28 S (129.60) S 1,368.00 S 1,185.75 (127.50 Other Op Expenses Capital Reserves (368.56)S (289.98) S (254.95) 00) (300.00)S 25 Cash Flow from Ops (NOD 870.20 S 1,057.20 |S 765.70 S 788.30 Finance Payments (435.90) S Lease Payments (30.00)| S Before Tax Cash Flo 434.30 S 331.15 S 336.13 S