Total Project Cost $28,000,000 Lenders Standards Interest Rate Amortization rate Debt Service Coverage Ratio Loan...

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Total Project Cost $28,000,000 Lenders Standards Interest Rate Amortization rate Debt Service Coverage Ratio Loan to Value Projected annual cash flow $2,500,000 Investors hurdle rate 18.0% Terminal sale would occur at the end of year 10 Requried: Calculate the following in the area below using EXCEL Formulas. Show your work Maximum Loan based on: Loan to Value Debt Service Coverage Ratio Amount of Annual Debt Service Confim Debt Service coverage is met Calculate amount of Equity Required Calculate weighted Average Cost of Capital Calculate the present values of the project below assuming a sale at the end of year 10 and a capitalizaiton rate of 10% Present value cash flows years 110 Present value of terminal cash flow based on sale Total Present Value Net Present Value

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