EFTA01939313.pdf

Projected Returns - 2/6/14 Sellable SP Sources Cost of Real Estate S 13.250.000 2111111 S 7.000,000 2/11/11 Cost of Project: Hard. Soft. Financing & Interest Costs S 24.083.491 Net Sale of Retal units S 6,980,432 1029/13 Initial Return of Equity to Investors (A & B) S 2.250.000 Net Sale of Unit #2 S 9.120.736 8013 Current Payables • 404.943 Net Sale of Unit a3 $ 8./349064 7/29/13 460,094 'Not Salo of Unit tr4 S 8.037.303 7130113 $ 21.539.9Db Dates Descr p!Ic fl Retai Units Sold S 6.980.432 $ 7.500 000 1029,13 Contribution: Equity A 5 220.500 8,19:11 Unit 02 Sob S 9.120.735 S 10.000000 845:13 Contnbution. Advance Star S 700.000 8/19,91 Unit 4/3 Sold S 8.849.964 S 10.000.000 7/29/13 Total Contribution 920.500 'Unit IN Sold S 8.037.303 $ 9 250 000 7/30/13 Penthouse (Projected) S 22 000.0)0 S 22 000 000 313104 Initial Return of Equity A 63.606 . S 54 988 434 Return of Equity A 156,894 Propct Costs S 014 980240 DistnIpstable to Equity A S 220.500 Return of Equity A & B S (7.800.000) Additional Distribution to Equity A ($1.41,11A) 44.100 Developer Fee (225.000) DstnbutaNe to Advance Star $ 2.089.472 Plant Return to EquityA & B S (7.400.000) Total Distribution S 2.574.572 1st Costnbubon to Advance Star S (2.466.667) Additional Pion Return to Equity A & B $ (1.400.000) 2nd Distribution to Ad S 4.498.240 FPo4lpet: • that 54: Scans/ ros a rimming adopt= to pay reel estate faxes kor St maths. Myth WI be —at dour.; (this minter is inclosed in Future Costs a Corengencyl • Booty B Croistiumn is SWOON on am dupla, up to $400.0:10 or word dtsetubon EFTA_R1_00396848 EFTA01939313