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PURCHASE PRICE DETAILS
                                                          Price                                $36,500,000
                                                          PIP                                      $500,000
                                                          Closing Costs                           $1,800,175
                                                          Total                                  $38,800,175
                                                          Price/Key                              $148,659.67

                                                          FINANCING
                                                          Loan Amount                            $28,500,000
                                                          Interest Rate                                6.70%
                                                          LTV                                          75%
                                                          DSCR                                         1.57%
                                                          Equity                               $10,300,000

                                                          INVESTMENT
                                                          Total Cash In                         $10,300,000
                                                          NOI                                     $2,963,281
                                                          Debt Service                            $1,877,959
                                                          Cash Flow                              $1,085,322











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