Real Estate Loan Calculator Strictly Confidential

Loan Calculator
Raw Data

Notes
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Real Estate Model - Loan Calculator

Property Specific Financial Results ($000's) ($000's) ($000's)

Property
Property Type
Property List Price
Actual Occupancy Rate
Revenue
Repairs & Maintenance
Management Fees
Interest
Depreciation
Insurance
Property Taxes
Net Income Before Taxes
Standard Net Operating Income (NOI)
Capitalization Rate ("CAP Rate")

Normalization of Income Statement ($000's) ($000's) ($000's)

Revenue
Net Income Before Taxes
plus Interest
plus Depreciation/Amortization
plus Repairs & Maintenance
plus Management Fees
less Normalized Repairs & Maintenance 2.0%
less Normalized Management Fees 4.0%
less CAPEX Reserve 2.0%
less Vacancy Allowance 5.0%
Normalized Net Operating Income (NOI)
DIFF
Equity Method (Traditional) ($000's) ($000's) ($000's)
Property 0 0 0
Property Type 0 0 0
Property List Price
Maximum LTV (Property Type Dependent)
Loan Amount
LTV

Adjusted Equity Method ($000's) ($000's) ($000's)

Property 0 0 0
Property Type 0 0 0
Normalized NOI
Bank's Test Cap
Bank's Calculated Market Value
Maximum LTV (Property Type Dependent)
Maximum Permitted Loan Amount
LTV

Adjusted Cash Flow Method ($000's) ($000's) ($000's)

Property 0 0 0
Property Type 0 0 0
Normalized NOI
Minimum Debt Service Requirement
Test Interest Rate
Maximum Amortization
Total Available for Debt Service
Maximum Loan Amount
LTV
 Maximum Loan Amount ($000's)
Equity Method (Traditional) Adjusted Equity Method Adjusted Cash Flow Method
$12

$10

$8

$6

$4

$2

-
0 0 0

Loan to Value (LTV)

Equity Method (Traditional) Adjusted Equity Method Adjusted Cash Flow Method

960.0%
840.0%
720.0%
600.0%
480.0%
360.0%
240.0%
120.0%
0.0%
0 0 0
Method

Flow Method
 ($000's) ($000's) ($000's)
Property A B C
Property Type Light Industrial Office Multi-Family
Property List Price 3450 3695 2895
Actual Occupancy Rate 100% 80% 100%
Revenue 195 215 150
Repairs & Maintenance 5 38 4
Management Fees 0 9 35
Interest 25 50 11
Depreciation 32 40 28
Insurance 3 5 2
Property Taxes 5 5 5