10.07.2015 Views

Value Beyond Cost Savings - Green Building Finance Consortium

Value Beyond Cost Savings - Green Building Finance Consortium

Value Beyond Cost Savings - Green Building Finance Consortium

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Property Type: CBD OfficeSquare Feet: 375,000Stories: 25Appendix HDiscounted Cash Flow AnalysisYear 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11Calculation of After-Tax Cash Flow:Cash Flow after Debt Service $74,530 $2,253,474 $4,421,227 $4,690,766 $5,620,282 $5,341,881 $5,531,620 $7,076,855 $2,720,336 $7,563,776 $8,230,773Add: Loan Principal PaidLess: DepreciationTaxable IncomeLess: Federal & State Taxes (Taxable Income X Marginal Tax Rate)After-Tax Cash FlowCalculation of After:Tax Gain on Sale:Net Sales PriceAdd: Depreciation RecaptureLess: Original Property <strong>Cost</strong> BasisTaxable Gain on SaleLess: Capital Gains TaxAfter-Tax Gain on Sale$182,310,142304

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!