RESONANTPROFORMA
v2.305.0.0 · 26-0613
Cedar Grove Apartments·v
SCN
MS auth not configured
InputPulldownDerivedRead-onlyProgrammaticAuto-fillOverriddenTCAC AppDisabledAnswer
Sources − Uses0feasible
Debt Coverage Ratio1.150≥ 1.15
Tiebreaker22.162%rank 4 of 7 · At-Risk
Win Probability50% / 70%base / best · cutoff 0.2216
Deferred Developer Fee1.52MMno escape valve
DealDashboardInputsRent RollOperating ExpensesDebt ExecutionNOICosts & BasisTimelineInvestor IRR9% ApplicationPoints SystemTiebreakerCompetition
Canvas
1 site· 5 slots available
NAME & ADDRESS
GEOGRAPHY
COMPLIANCE & QCT / DDA HISTORY
UNIT MIX
RENT & VACANCY LEVELS
TCAC COMPETITION
ACQUISITION PRICE & CONSTRUCTION COST
SOFT COSTS
RESERVES
RATE PLUGS
TAX CREDIT PRICING
DEBT EXECUTION
CONSTRUCTION LOAN INPUTS
PERMANENT LOAN OTHER COSTS
OPERATING INCOME & FLAGS
PM FEES3.000% of EGI$42,015/ yr
PAYROLL
STAFF
PROPERTY TAX
DIRECT ASSESSMENT LINES
SUPPLEMENTAL TAX LINES
PARTNERSHIP FEES
INVESTOR / EXIT ASSUMPTIONS
Bifurcated
Not Bifurcated
Latitude
Longitude
1
2
3
4
5
6
QCT
DDA
Metro
Non-Metro
% LI 3BR or larger15.2%< 25% (not Large Family)
% LI at 50% AMI or below58.2%✓ ≥30% Deep Targeting
Designation20222023202420252026
QCT
Metro SDDA
Non-Metro DDA
HERA Special
BRBA30%40%45%50%55%60%80%HAPHCVExemptTotal
13
55
12
Total10201633508180
80 units·79 LIHTC·50 HAP·8 HCV·1 exempt·Avg AMI: 49.1%
Unit TypeUnitsAs-Is RentPost-Renovation RentLiftLift %
1 BR*13
2 BR*54
3 BR*12
Monthly79141,450141,450
Manual entry from the market survey. The as-is level sizes the forward-execution cash flow source during construction; the post-renovation level sizes the permanent debt.
%
Ineligible
%
$16,200,000
80
$7,200,000
325,000
%
%
%
%
%
Federal
State
Construction
%
Acquisition
%
Funding: Immediate (at closing)
US10Y
%
SOFR
%
%
%
Perm Other Costs Lines (2)
Total: $85,000
LabelAmount $
%
%
%
FICA 7.65% of all wages (SS 6.2% to wage base + Medicare 1.45%)
%
first $7,000 of wages per employee (CA UI base); experience-rated
%
first $7,000 of wages per employee; 0.6% net of state credit
%
% of payroll, by job class
$ per employee per month
Staff Positions (2)
Annual Base: $114,400
Position$/HrHrs/WkHealthAnnual Base
%
%
%
Direct Assessment Lines (0)
Annual Total: 
No direct assessment lines defined.
Supplemental Tax Lines (0)
Annual Total: 
No supplemental tax lines defined.
Partnership Fees (0)
Annual Total: 
No partnership fees defined.
Managing General Partners
Total MGP capital: $100
No roster on this deck. The capital stack is carrying the stamped $100. Add a partner to make the contribution explicit.
%
%
%
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