† M(5),N(5),O(5);† Q(5),R(5),T(5),U(5),V(5)T( C$=MASTER I/O CODEi2 I=MASTER INDEX”<™"“DO YOU NEED HELP WITH THIS PROGRAM?«A™"('Y'=YES,'N'=NO)¼F…" ?";C$ÏP‹ C$²"N" § 180þZ™"“ THIS PROGRAM COMPUTES THE COMPONENTS"-\™"OF PROFIT RELATED TO THE PURCHASE OF AN"[^™"APARTMENT BUILDING. THE COMPONENTS OF"‰`™"PROFIT ARE GOI-GROSS OPERATING INCOME,"·b™"NOI-NET OPERATING INCOME, CASH FLOW OR"ãd™"SPENDABLE INCOME, EQUITY INCOME, AND"n™"TAXABLE INCOME. IN ADDITION, CAP RATE"Ax™"IS COMPUTED, AS WELL AS PRICE PER SQ FT."o‚™" PARAMATERS, SUCH AS MORTAGE INTEREST"žŒ™"RATES CAN BE VARIED TO SEE THEIR EFFECT"¿–™"ON THE PROFIT COMPONENTS."Ç›™:™íž™"-----WHEN THE SCREEN STOPS----- ™"----PRESS ANY KEY TO CONTINUE----")¡ B²1 ¤ 500000A¥¡ W$:‹ W$³±"" § 179H¦‚BQ³™"“"´™"WHAT'S THE YEARLY SCHEDULED GROSS INCOME"’¾…" +";G1¢È‹ Y²2 § 710ÒÒ™"WHAT'S THE VACANCY ALLOWANCE IN PERCENT?"ãÜ…" +";V1óæ‹ Y²2 § 710+ð™"WHAT'S THE EXPENSE RATIO(%) RELATIVE TO THE GOI?"<ú…" +";E1L‹ Y²2 § 710{™"HOW MANY UNITS DOES THIS BUILDING HAVE?"Œ…" +";N1Á"™"HOW MANY SQUARE FEET DOES THIS BUILDING HAVE?"Ò,…" +";F1ý6™"WHAT'S THE PROPOSED PURCHASE PRICE?" @…" +";P1 J‹ Y²2 § 710M T™"HOW MANY MORTAGES WILL THERE BE AGAINST"b U™"THE PROPERTY?"j ^Z²5z h…" +";J‚ rL²0® |™"FOR BALLON PAYMENTS OR INTEREST ONLY"Ï }™"MORTAGES SET MONTHS=10000"Ý † I²1 ¤ 4è M(I)²0ó šN(I)²0þ ¤O(I)²0 ®T(I)²0 ¸U(I)²0 ÂV(I)²0' Ì‚ I5 Ö I²1 ¤ J` à™"WHAT IS THE AMOUNT($),TERM(MONTHS)," ê™"AND INTEREST RATE(%) OF MORTAGE NUMBER";Iµ þ…" +,+,+";M(I),N(I),O(I)à L²LªªM(I)Ë ‚ IÛ ‹ Y²2 § 710 &™"FOR DEPRECIATION PURPOSES WHAT IS THE"6 +™"PERCENTAGE ALLOCATION TO THE BUILDING?"G :…" +";A1w D™"PERCENT ALLOCATION TO PERSONAL PROPERTY?"ˆ N…" +";A2µ X™"WHAT IS THE DEPRECIATION METHOD TO BE"Ò Y™"USED ON THE BUILDING?"î b™"('DDB','SL','125%')?"ÿ l…" ?";D$& v™"BUILDING DEPRECIATION IN YEARS?"7 €…" +";Y1^ Š™"PERSONAL PROPERTY DEPRECIATION?" ™" ('DDB','SL','125%','150') ”…" ?";H$ª ž™"PP PERIOD IN YEARS"» ¨…" +";Y2Ë ²‹ Y²2 § 710è ¼ COMPUT VACANCY $ & GOIû ÆV2²(V1­100)¬G1 ÐG2²G1«V2' Ú COMPUTE GROSS MULTIPLIER4 äP6²P1­G2T î COMPUTE EXPENSE $ AND NOIg øE2²(E1­100)¬G2t G3²G2«E2} C²G3¡  COMPUTE PRICE RATIOS & EQUITY´ P2²(G3¬100)­P1Á *P3²P1­N1Î 4P4²P1­F1Ú >P5²P1«LH COMPUTE $ ALLOCATIONS TO BLD & PPRA3²(A1­100)¬P1(\A4²(A2­100)¬P1<f‹ D$³±"SL"§ 900IpA5²A3­Y1Tz‰ 1080j„‹ D$³±"DDB" § 930{ŽA5²(A3­Y1)¬2†˜‰ 1080ž¢‹ D$³±"125%" § 2140²¬A5²(A3­Y1)¬1.25½¶‰ 1080ÒÀ‹ H$³±"SL" § 990ßÊA6²A4­Y2êÔ‰ 1080Þ‹ H$³±"DDB"§ 1020èA6²(A4­Y2)¬2ò‰ 10804ü‹ H$³±"125%" § 1020HA6²(A4­Y2)¬1.25S‰ 1080| PUT IN RANGE TEST FOR DEPP METHODS”$‹ H$³±"150%" § 2160¨.A6²(A4­Y2)¬1.25µ8A7²A5ªA6ÙB COMPUTE INT./PRI. AMOUNTS FOR÷L MORTAGE MONTHLY PAYMENT V‹ Z³±5 § 1280` I²1 ¤ J*jQ(I)²O(I)­1200>tT²(1ªQ(I))®N(I)[~R(I)²(M(I)¬Q(I)¬T)­(T«1)bˆ‚I‚’ TOTAL FIRST YEAR INTERESTœ I²1 ¤ J™¦T1²0¥°T3²M(I)´º K²1 ¤ 12ÃÄT2²T3¬Q(I)ÔÎT(I)²T(I)ªT2èØT3²T3«(R(I)«T2)ðâ‚ Køì‚ I#ö COMPUTE FIRST YEAR PRIN.& CASH FLOW1 I²1 ¤ JB V(I)²R(I)¬12UU(I)²V(I)«T(I)bC²C«V(I)y(‹ N(I)³²900 § 1340„2U(I)²0Œ<‚ IžFP7²(C­P5)¬100ºP COMPUTE EQUITY RETURNÃZP8²0ÌdP9²0ÕnT1²0ãx I²1 ¤ Jò‚P8²P8ªU(I)úŒ‚ I–T1²P8ªC P9²(T1­P5)¬1006ª COMPUTE TAXABLE INCOMEB´T²T1«A7H¾™NÈ™vÒ™"SCHEDULED GROSS";£35«Ã(Ä(G1)));G1Ÿæ™"VACANCY(";V1;"%)";£35«Ã(Ä(V2)));V2Äú™" GOI";£35«Ã(Ä(G2)));G2ô™"EXPENSE RATIO(";E1;"%)";£35«Ã(Ä(E2)));E2"™" NOI";£35«Ã(Ä(G3)));G396™" FINANCING"eJ™"MORTAGE 1 2 3"kO™–T™"INTEREST ";£18«Ã(Ä(T(1))));T(1);ÆU™ £22«Ã(Ä(T(2))));T(2);£36«Ã(Ä(T(3))));T(3)ñh™"PRINCIPAL ";£18«Ã(Ä(U(1))));U(1); i™£22«Ã(Ä(U(2))));U(2);£36«Ã(Ä(U(3))));U(3)K|™"TOTAL ";£18«Ã(Ä(V(1))));V(1);z}™£22«Ã(Ä(V(2))));V(2);£36«Ã(Ä(V(3))));V(3)“X$²Ä(P7):P7$²È(X$,4)Á™£5);"CASH FLOW(";P7$;"%)";£35«Ã(Ä(C)));C礙£5);"PRINCIPAL";£35«Ã(Ä(P8)));P8¥X6$²Ä(P9):P9$²È(X6$,4)3¸™£5);"EQUITY RTN(";P9$;"%)";£35«Ã(Ä(T1)));T1\Ì™£5);"DEPRECIATION";£35«Ã(Ä(A7)));A7~à™£5);"TAXABLE";£35«Ã(Ä(T)));T·ô™"PURCHASE PRICE=";P1:™"LOAN AMOUNT=";L;"EQUITY=";P5ø™"CAP RATE BASED ON PRICE=";P2;"% ":™"GROSS MULTIPLIER=";P6%™"PRICE/UNIT=";P3:™"PRICE PER SQ FT=";P4N B²1 ¤ 5000000:¡ E$:‹ E$³±"" § 1870V!‚ BmN™"DO YOU WISH TO:"‘P™" 1-DISPLAY CURRENT VALUES"­R™" 2-CHANGE A VALUE"ÈT™" 3-RERUN PROGRAM"ÚV™" 4-DONE"êb…" +";KòlY²Kv‹ K²4 § 2340€‹ K²3 § 60#Š‹ K²2 § 19704”‹ K²1 § 2180Ož™"PLEASE INPUT 1,2,3,4Z¨‰ 1890`²™~¼™"DO YOU WISH TO CHANGE:"¡Æ™" 1-SCHEDULED GROSS INCOME"¿Ð™" 2-VACANCY ALLOWANCE"ÙÚ™" 3-EXPENSE RATIO"ôä™" 4-PURCHASE PRICE"î™" 5-MORTAGE INFORMATION"9ø™" 6-DEPRECIATION INFORMATION"I…" +";ZY ‹ Z²1 § 180i‹ Z²2 § 210y ‹ Z²3 § 240‰*‹ Z²4 § 310™4‹ Z²5 § 340©>‹ Z²6 § 550ÖH™"PLEASE INPUT A NUMBER BETWEEN 1 AND 6"áR‰ 2050 \™"PLEASE INPUT 'SL','DDB',OR,'125'"f‰ 600Ap™"PLEASE INPUT 'DDB','SL','125%',OR'150'"Kz‰ 650S„™:™ƒ˜™"BUILDING HAS ";N1;"UNITS AND ";F1;"SQ FT"§¬™"BUILDING ALLOCATION= ";A1;"%"É­™"PERSONAL PROPERTY= ";A2;"%"ôÀ™"BLDG TAKEN UNDER ";D$;" DEPRECIATION Á™"OVER ";Y1;"YEARS"5Ô™"PERSONAL PROPERTY TAKEN UNDER ";H$[Õ™" DEPRECIATION OVER ";Y2;"YEARS"iè I²1 ¤ J£ò™"MORTAGE";I;"=";M(I);"OVER "N(I);" MOS AT ";O(I);"%"« ‚ I± ™¼ ‰ 1870Í$ ™"THANK YOU"Ó. €