Operator: Parent of operator: Management agent: General contractor: Borrower Operator Management agent License holder: Type of facility: Skilled Nursing beds units (SNF): Assisted Living beds units (AL): Board & Care beds units (B&C): Dementia Care: beds units Independent Living beds units (IL): Total: beds units Loan to Mortgage % % Loan-to-value: transaction cost: $ Amount: % Term: years Interest rate: Principal & DSCR Market value interest: $ % $ per bed/unit*: (without MIP) (with MIP): Mortgage Underwritten amount per $ % $ market value: Cap rate: bed/unit*: *Use per bed for SNF, or facilities with multiple care types (e.g., SNF/ALF). Use per unit for ALF only. Mortgage Criteria: Sensitivity Analysis: Criterion A: Requested loan amount: $ A 1.0 debt service coverage is still realized if: Criterion C: Amount based on Average rental drops $ per month. replacement cost: $ Criterion D: Amount based Occupancy rate decreases %. on loan-to-value: $ Operating expenses increase % Criterion E: Amount based on debt per year. service coverage: $ Annual net operating income (NOI) Criterion F: Amount based on decreases $ or %. estimated cost of rehabilitation plus: $ Criterion L: Amount based on deduction of grant(s), loan(s), LIHTCs, and gift(s) for mortgageable items: $ As rehabilitated: Gross income: $ UW occupancy rate: % Effective gross income: $ Expenses & repl. res.: $ Expense ratio: % Net operating income: $ Expense per bed/unit*: $ Total project cost: $ Total project cost per bed/unit*: $
Operator: Parent of operator: Management agent: General contractor: License holder: Borrower Operator Management agent Type of facility: Skilled Nursing (SNF): beds units Assisted Living (AL): beds units Board & Care (B&C): beds units Dementia Care: beds units Independent Living (IL): beds units Total: beds units Mortgage Amount: $ Loan-to-value: % Loan to transaction cost: % Term: years Interest rate: % Principal & interest: (without MIP) $ DSCR (with MIP): % Market value per bed/unit*: $ Underwritten market value: $ Cap rate: % Mortgage amount per bed/unit*: $ *Use per bed for SNF, or facilities with multiple care types (e.g., SNF/ALF). Use per unit for ALF only. Mortgage Criteria: Sensitivity Analysis: Criterion A: Requested loan amount: $ A 1.0 debt service coverage is still realized if: Average rental drops $ per month. Occupancy rate decreases %. Operating expenses increase % per year. Annual net operating income (NOI) decreases $ or %. Criterion C: Amount based on replacement cost: $ Criterion D: Amount based on loan-to-value: $ Criterion E: Amount based on debt service coverage: $ Criterion F: Amount based on estimated cost of rehabilitation plus: $ Criterion L: Amount based on deduction of grant(s), loan(s), LIHTCs, and gift(s) for mortgageable items: $ As rehabilitated: Gross income: $ UW occupancy rate: % Effective gross income: $ Expenses & repl. res.: $ Expense ratio: % Net operating income: $ Expense per bed/unit*: $ Total project cost: $ Total project cost per bed/unit*: $
9006_ORCF.DOCX