Update formulas.txt

formulas.txt

@@ -1,367 +1,463 @@
-FormFormulas: 
-	1.	E1 (Building Efficiency)= E2/D2= gross square feet/ rentable square feet eg 71,920/108,270
-	2.	D4 (Land Value Per GSF)= $c4/D$2= total land value/ total GSF
-	3.	E4 (Land Value per RSF)=$c4/E$2= total land value/ total rsf
-	4.	F4 (Land Value per Unit)= $C4/F$2= total land value/ total units
-	5.	D5 (Closing Costs per GSF)= $C5/D$2= total closing costs/ total GSF
-	6.	E5 (Closing Costs per RSF)= $C5/E$2= total closing costs/total RSF
-	7.	F5 (Closing Costs per Unit) = $C5/F$2= total closing costs/ total units
-	8.	C6 ( Acquisition Fee)=C4*0.02= 2% of total land value
-	9.	D6 (Acq fee per GSF)=$C6/D$2= Acq fee/ total GSF
-	10.	E6 (Acq fee per RSF)=$C6/E$2= Acq fee/ total RSF
-	11.	F6 (Acq fee per unit)=$C6/F$2= Acq fee/ total units
-	12.	C7 (Total cost of acquisition)=SUM(C4:C6)
-	13.	D7 (Total Acq cost per GSF)=$C7D$2(SUM(D4:D6))= total acq cost/ total GSF
-	14.	E7 (Total Acq cost per RSF)=$C7/E$2(SUM(E4:E6))= total acq cost/ total RSF
-	15.	F7 (total acq cost per unit)=$C7/F$2= total acq cost/ total units
-	16.	C10 (Total construction GMP)=A10*D2= 338? x 108,270= 338? x GSF
-	17.	D10 (Construction GMP per GSF)=$C10/D$2= Construction GMP/ total GSF
-	18.	E10 (Construction GMP per RSF)=$C10/E$2)= Construction GMP/ Total RSF
-	19.	F10( Construction GMP per Unit)= $C10/F$2)= Construction GMP/ total units
-	20.	C33 (HPD & IH cost)=(3500*F2*0.75)+(5000*F2*0.25)
-	21.	C34 (Retail TI & LC cost)=J41*0.3)+(50*I40)
-	22.	C35(Total soft cost)=SUM(C13:C34)
-	23.	D13(Arch&Int cost per GSF)=$C13/D$2= Arch&Int cost/total GSF
-	24.	D14(Struct Engin cost per GSF)=$C14/D$2= struct Engin cost/total GSF
-	25.	D15(MEP Engin cost per GSF)=$C15/D$2= MEP Engin cost/ total GSF
-	26.	D16 (BPP & Civil Engineer cost per GSF)=$C16/D$2= BPP & Civ Engineer cost/ total GSF
-	27.	D17(Controlled Inspections cost per GSF)=$C17/D$2= controlled inspections cost/total GSF
-	28.	D18(surveying cost per GSF)=$C18/D$2= Surverying cost/total GSF
-	29.	D19 (Utilities cost Per GSF)= $C19/D$2= utilities cost/total GSF
-	30.	D20 (Adv&Mark cost per GSF)=$C20/D$2= Adv&Mark cost/total GSF
-	31.	D21(Acc cost per GSF)=$C21/D$2= Acc cost/total GSF
-	32.	D22(Monitoring cost per GSF)=$C22/D$2=monitoring cost/total GSF
-	33.	D23(FF&E cost per GSF)=$C23/D$2= FF&E cost/total GSF
-	34.	D24(Environmental Consultant fee per GSF)= $C24/D$2= Environmental consultant fee/ total GSF
-	35.	D25(Misc Consultants fee per GSF)=$C25/D$2
-	36.	D26(General Legal cost per GSF)= $C26/D$2
-	37.	D27 (RE taxes per GSF)= $C27/D$2
-	38.	D28(Misc Admin cost per GSF)=$C28/D$2
-	39.	D29(IBR cost per GSF)=$C29/D$2
-	40.	D30(Project team cost per GSF)=$C30/D$2
-	41.	D31(PEM Fees per GSF)=$C31/D$2
-	42.	D32(Bank fees per GSF)=$C32/D$2
-	43.	D33(HPD&IH fees per GSF)=$C33/D$2
-	44.	D34(Retail TI &LC fees per GSF)=$C34/D$2
-	45.	D35(Soft Cost per GSF)=$C35/D$2
-	46.	E13(Arch&Int cost per RSF)=$C13/E$2
-	47.	E14(Struct Engin cost per RSF)=$C14/E$2
-	48.	E15(MEP Engin cost per RSF)=$C15/E$2
-	49.	E16(BPP&Civil Engineer Cost per Rsf)=$C16/E$2
-	50.	E17(Controlled Inspections cost per RSF)=$C17/E$2
-	51.	E18(Surveying cost per RSF)=$C18/E$2
-	52.	E19(Utilities cost per RSF)=$C19/E$2
-	53.	E20(Ad&M cost per RSF)=$C20/E$2
-	54.	E21(Acc cost per RSf)=$C21/E$2
-	55.	E22(Mon cost per RSf)=$C22/E$2
-	56.	E23(FF&E per RSF)=$C23/E$2
-	57.	E24(Env con cost per RSF)=$C24/E$2
-	58.	E25(Misc con cost per rsf)=$C25/E$2
-	59.	E26(Gen legal cost per rsf)=$C26/E$2
-	60.	E27(RE taxes cost per RSF)=$C27/E$2
-	61.	E28(Misc Admin Cost per RSF)=$C28/E$2
-	62.	E29(IBR cost per RSf)=$C29/E$2
-	63.	E30(project team fees per RSf)=$C30/E$2
-	64.	E31(PEM fees per RSF)=$C31/E$2
-	65.	E32(banks fees per rsf)=$C32/E$2
-	66.	E33(HPD &IH fees per rsf)=$C33/E$2
-	67.	E34(Retail TI &LC cost per RSF)=$C34/E$2
-	68.	E35(Soft cost per RSf)= $C35/E$2
-	69.	F13(Arch&int cost per unit)=$C13/F$2
-	70.	F14(Structural engineer cost per unit)=$C14/F$2
-	71.	F15(MEP engin cost per unit)=$C15/F$2
-	72.	F16(BPP&civil engineer cost per unit)=$C16/F$2
-	73.	F17(CI cost per unit)=$C17/F$2
-	74.	F18(Surveying post per unit)=$C18/F$2
-	75.	F19(Utilities cost per unit)=$C19/F$2
-	76.	F20(Ad&M cost per unit)=$C20/F$2
-	77.	F21(Acc cost per unit)=$C21/F$2
-	78.	F22(Mon cost per unit)=$C22/F$2
-	79.	F23(FF&E cost per unit)=$C23/F$2
-	80.	F24(Env con cost per unit)=$C24/F$2
-	81.	F25(Misc con cost per unit)=$C25/F$2
-	82.	F26(Gen legal cost per unit)=$C26/F$2
-	83.	F27(Re taxes per unit)=$C27/F$2
-	84.	F28(Misc admin cost per unit)=$C28/F$2
-	85.	F29(IBR cost per unit)=$C29/F$2
-	86.	F30(Project team cost per unit)=$C30/F$2
-	87.	F31(PEM fees per unit=$C30/F$2
-	88.	F32(bank fees per unit)=$C32/F$2
-	89.	F33(HPD&IH fees per unit)=$C33/F$2
-	90.	F34(Retail TI & LC cost per unit)=$C34/F$2
-	91.	F35(Soft cost per unit)=$C35/F$2
-	92.	C38(Contingency cost)=A38*($C$35+$C$10)= 5% of Construction GMP+total Soft Cost
-	93.	C39( Dev fee)=A39*($C$35+$C$10)= 4% of Con GMP+total soft cost
-	94.	C42(Op reserve)=M15*0.2= 20% of total expenses
-	95.	C44( total Financing Contigency and Reserves)=C35+C10+SUM(C38:C42)+C7= total soft cost+ con GMP+ Acq cost+ total fin con res)
-	96.	D38(Cont per GSf)=$C38/D$2
-	97.	D39( dev fee per Gsf)=$C39/D$2
-	98.	D40(Fin cost per GSF)=$C40/D$2
-	99.	D41(IR per GSF)=$C41/D$2
-	100.	D42(Op res per GSF)=$C42/D$2
-	101.	D44(Total fin con reserves per gsf)=$C44/D$2
-	102.	E38(Cont cost per RSf)=$C38/E$2
-	103.	E39(Dev fee per rsf)=$C39/E$2
-	104.	E40(Fin cost per rsf)=$C40/E$2
-	105.	E41(IR per RSF)=$C41/E$2
-	106.	E42(Op res per Rsf)=$C42/E$2
-	107.	E44(Total fin con reserves per rsf)=$C44/E$2
-	108.	F38(Cont cost per unit)=$C38/F$2
-	109.	F39(dev fee per unit)=$C39/F$2
-	110.	F40(Fin costs per unit)=$C40/F$2
-	111.	F41(IR per unit)=$C41/F$2
-	112.	F42(op res per unit)=$C42/F$2
-	113.	F44(Total fin con reserves per unit)=$C44/F$2
-	114.	 J3(Pre LTC Budget)=(C35+C38+C39+C42+C10+C7)
-	115.	J5(True LTC)=J5=M3=True LTC=Debt %
-	116.	J7(Loan Amount)=J4*J3
-	117.	J9(Financing Amt)=J8*J7
-	118.	J11(Interest Rate)=(J10+430)/10000
-	119.	J13(J7*0.7*(J11/12)*J12)
-	120.	 J18(Trending Term)=M22+M23
-	121.	J19(Term revenue Inflation)=(1+J16)^($J$18/12)
-	122.	J20(Term Expense Inflation)=(1+J17)^($J$18/12)
-	123.	J28(Interest rate)=(J27+430)/10000
-	124.	J34(Gross Potential FM Rent)=M33*0.75*E2
-	125.	J35(Gross Potential IH Rent)=M33*0.75*E2
-	126.	J36(Other income)=I36*F2*12*0.75
-	127.	J37(Vacancy)=I37*(J36+J34+35)
-	128.	J38(Effective Gross income)=J34-J37+J36+J35
-	129.	J41(Retail rev)=J40*I40
-	130.	J44(Management Fee)=I44*J38
-	131.	J45(RE Taxes)=D2*30*0.1
-	132.	J46(Total Expenses)=SUM(J43:J45)
-	133.	J48(NOI)=J38-J46+J39+J41
-	134.	J49(Stabilized Yield on Cost)=(((J38+J41-J35)*J19)-(J46*J20))+J35
-	135.	J50(Yield on cost %)=J48/($C$44+PV(J21/12,36,0,C27))
-	136.	J51(Stabilized Yield on Cost %)=J49/($C$44+PV(J21/12,36,0,C27))
-	137.	J54(Property Value on Sale+ 25% of Year 1 CF)=(J49/I54)+(J49*0.25)
-	138.	J55(Sale Cost)=I55*J54
-	139.	J56(Net Sale Proceeds)=J54-J55
-	140.	J57(Cash Remaining After Loan Payback)=J56-N3
-	141.	J58(Lp Investment)=N4-J59
-	142.	J59(GP investment)=N4*0.2
-	143.	J61(GP Pref Accrual + Principal)=(1+I61/12)^$I$60*J59
-	144.	J62(LP Pref Accrual + Principal)=(1+I62/12)^$I$60*J58
-	145.	J63(Cash remaining after pref)=J57-J62-J61
-	146.	J64(Promote on JV)=I64*J63
-	147.	J65(Cash to LP)=(J63-J64)*(J58/(J58+J59))
-	148.	J66(Net to LP Investor)=J65+J62
-	149.	M3= (Debt%)=N3/C44
-	150.	M4=(Equity%)=1-M3
-	151.	M5=(Total Cap stack%)=M3+M4
-	152.	N3(Debt)=J13+J7+J9
-	153.	N4(Equity)=C44-N3
-	154.	N5( Cap stack )=N3+N4
-	155.	O3(Debt per Gsf)=$N3/D$2
-	156.	O4(Equity per GSf)=$N4/D$2
-	157.	O5(Cap stack per Gsf)=$N5/D$2
-	158.	P3(Debt per Rsf)=$N3/E$2
-	159.	P4(Equity per Rsf)=$N4/E$2
-	160.	P5(Cap stack per Rsf)=$N5/E$2
-	161.	Q3(Debt per unit)=$N3/F$2
-	162.	Q4(Equity per unit)=$N4/F$2
-	163.	Q5(Cap Stack per unit)=$N5/F$2
-	164.	M10(R&M turnover)=Q10*$F$2
-	165.	M11(Utilities)=Q11*$F$2
-	166.	M12(Admin+Pro)= Q12*$F$2
-	167.	M13 (insurance)=Q13*$F$2
-	168.	M14(Pro fees)=Q14*$F$2
-	169.	M15(Total Expenses)=SUM(M9:M14)
-	170.	N9(Payroll %)=M9/$J$38
-	171.	N10(R&M turnover %)=M10/$J$38
-	172.	N11(Utilities cost %)=M11/$J$38
-	173.	N12(Admin+Pro %)=M12/$J$38
-	174.	N13(Insurance %)=M13/$J$38
-	175.	N14(Pro fees%)=M14/$J$38
-	176.	N15(total expenses %)= M15/$J$38
-	177.	N29(Start Date)=MIn(N21:N28)
-	178.	M35(Blended RSF)=M33*0.75+M34*0.25
-	179.	N33(Total Free market rent)=$M$33*425/12
-	180.	N35(total Blended RSF)=$M$33*750/12
-	181.	O33(Free market rents Sf)=N33/*110/12
-	182.	O34(Affordable rents Sf)=N34*110/12
-O35(Blended RSF sf)=N35*110/12ulas: 
-	1.	E1 (Building Efficiency)= E2/D2= gross square feet/ rentable square feet eg 71,920/108,270
-	2.	D4 (Land Value Per GSF)= $c4/D$2= total land value/ total GSF
-	3.	E4 (Land Value per RSF)=$c4/E$2= total land value/ total rsf
-	4.	F4 (Land Value per Unit)= $C4/F$2= total land value/ total units
-	5.	D5 (Closing Costs per GSF)= $C5/D$2= total closing costs/ total GSF
-	6.	E5 (Closing Costs per RSF)= $C5/E$2= total closing costs/total RSF
-	7.	F5 (Closing Costs per Unit) = $C5/F$2= total closing costs/ total units
-	8.	C6 ( Acquisition Fee)=C4*0.02= 2% of total land value
-	9.	D6 (Acq fee per GSF)=$C6/D$2= Acq fee/ total GSF
-	10.	E6 (Acq fee per RSF)=$C6/E$2= Acq fee/ total RSF
-	11.	F6 (Acq fee per unit)=$C6/F$2= Acq fee/ total units
-	12.	C7 (Total cost of acquisition)=SUM(C4:C6)
-	13.	D7 (Total Acq cost per GSF)=$C7D$2(SUM(D4:D6))= total acq cost/ total GSF
-	14.	E7 (Total Acq cost per RSF)=$C7/E$2(SUM(E4:E6))= total acq cost/ total RSF
-	15.	F7 (total acq cost per unit)=$C7/F$2= total acq cost/ total units
-	16.	C10 (Total construction GMP)=A10*D2= 338? x 108,270= 338? x GSF
-	17.	D10 (Construction GMP per GSF)=$C10/D$2= Construction GMP/ total GSF
-	18.	E10 (Construction GMP per RSF)=$C10/E$2)= Construction GMP/ Total RSF
-	19.	F10( Construction GMP per Unit)= $C10/F$2)= Construction GMP/ total units
-	20.	C33 (HPD & IH cost)=(3500*F2*0.75)+(5000*F2*0.25)
-	21.	C34 (Retail TI & LC cost)=J41*0.3)+(50*I40)
-	22.	C35(Total soft cost)=SUM(C13:C34)
-	23.	D13(Arch&Int cost per GSF)=$C13/D$2= Arch&Int cost/total GSF
-	24.	D14(Struct Engin cost per GSF)=$C14/D$2= struct Engin cost/total GSF
-	25.	D15(MEP Engin cost per GSF)=$C15/D$2= MEP Engin cost/ total GSF
-	26.	D16 (BPP & Civil Engineer cost per GSF)=$C16/D$2= BPP & Civ Engineer cost/ total GSF
-	27.	D17(Controlled Inspections cost per GSF)=$C17/D$2= controlled inspections cost/total GSF
-	28.	D18(surveying cost per GSF)=$C18/D$2= Surverying cost/total GSF
-	29.	D19 (Utilities cost Per GSF)= $C19/D$2= utilities cost/total GSF
-	30.	D20 (Adv&Mark cost per GSF)=$C20/D$2= Adv&Mark cost/total GSF
-	31.	D21(Acc cost per GSF)=$C21/D$2= Acc cost/total GSF
-	32.	D22(Monitoring cost per GSF)=$C22/D$2=monitoring cost/total GSF
-	33.	D23(FF&E cost per GSF)=$C23/D$2= FF&E cost/total GSF
-	34.	D24(Environmental Consultant fee per GSF)= $C24/D$2= Environmental consultant fee/ total GSF
-	35.	D25(Misc Consultants fee per GSF)=$C25/D$2
-	36.	D26(General Legal cost per GSF)= $C26/D$2
-	37.	D27 (RE taxes per GSF)= $C27/D$2
-	38.	D28(Misc Admin cost per GSF)=$C28/D$2
-	39.	D29(IBR cost per GSF)=$C29/D$2
-	40.	D30(Project team cost per GSF)=$C30/D$2
-	41.	D31(PEM Fees per GSF)=$C31/D$2
-	42.	D32(Bank fees per GSF)=$C32/D$2
-	43.	D33(HPD&IH fees per GSF)=$C33/D$2
-	44.	D34(Retail TI &LC fees per GSF)=$C34/D$2
-	45.	D35(Soft Cost per GSF)=$C35/D$2
-	46.	E13(Arch&Int cost per RSF)=$C13/E$2
-	47.	E14(Struct Engin cost per RSF)=$C14/E$2
-	48.	E15(MEP Engin cost per RSF)=$C15/E$2
-	49.	E16(BPP&Civil Engineer Cost per Rsf)=$C16/E$2
-	50.	E17(Controlled Inspections cost per RSF)=$C17/E$2
-	51.	E18(Surveying cost per RSF)=$C18/E$2
-	52.	E19(Utilities cost per RSF)=$C19/E$2
-	53.	E20(Ad&M cost per RSF)=$C20/E$2
-	54.	E21(Acc cost per RSf)=$C21/E$2
-	55.	E22(Mon cost per RSf)=$C22/E$2
-	56.	E23(FF&E per RSF)=$C23/E$2
-	57.	E24(Env con cost per RSF)=$C24/E$2
-	58.	E25(Misc con cost per rsf)=$C25/E$2
-	59.	E26(Gen legal cost per rsf)=$C26/E$2
-	60.	E27(RE taxes cost per RSF)=$C27/E$2
-	61.	E28(Misc Admin Cost per RSF)=$C28/E$2
-	62.	E29(IBR cost per RSf)=$C29/E$2
-	63.	E30(project team fees per RSf)=$C30/E$2
-	64.	E31(PEM fees per RSF)=$C31/E$2
-	65.	E32(banks fees per rsf)=$C32/E$2
-	66.	E33(HPD &IH fees per rsf)=$C33/E$2
-	67.	E34(Retail TI &LC cost per RSF)=$C34/E$2
-	68.	E35(Soft cost per RSf)= $C35/E$2
-	69.	F13(Arch&int cost per unit)=$C13/F$2
-	70.	F14(Structural engineer cost per unit)=$C14/F$2
-	71.	F15(MEP engin cost per unit)=$C15/F$2
-	72.	F16(BPP&civil engineer cost per unit)=$C16/F$2
-	73.	F17(CI cost per unit)=$C17/F$2
-	74.	F18(Surveying post per unit)=$C18/F$2
-	75.	F19(Utilities cost per unit)=$C19/F$2
-	76.	F20(Ad&M cost per unit)=$C20/F$2
-	77.	F21(Acc cost per unit)=$C21/F$2
-	78.	F22(Mon cost per unit)=$C22/F$2
-	79.	F23(FF&E cost per unit)=$C23/F$2
-	80.	F24(Env con cost per unit)=$C24/F$2
-	81.	F25(Misc con cost per unit)=$C25/F$2
-	82.	F26(Gen legal cost per unit)=$C26/F$2
-	83.	F27(Re taxes per unit)=$C27/F$2
-	84.	F28(Misc admin cost per unit)=$C28/F$2
-	85.	F29(IBR cost per unit)=$C29/F$2
-	86.	F30(Project team cost per unit)=$C30/F$2
-	87.	F31(PEM fees per unit=$C30/F$2
-	88.	F32(bank fees per unit)=$C32/F$2
-	89.	F33(HPD&IH fees per unit)=$C33/F$2
-	90.	F34(Retail TI & LC cost per unit)=$C34/F$2
-	91.	F35(Soft cost per unit)=$C35/F$2
-	92.	C38(Contingency cost)=A38*($C$35+$C$10)= 5% of Construction GMP+total Soft Cost
-	93.	C39( Dev fee)=A39*($C$35+$C$10)= 4% of Con GMP+total soft cost
-	94.	C42(Op reserve)=M15*0.2= 20% of total expenses
-	95.	C44( total Financing Contigency and Reserves)=C35+C10+SUM(C38:C42)+C7= total soft cost+ con GMP+ Acq cost+ total fin con res)
-	96.	D38(Cont per GSf)=$C38/D$2
-	97.	D39( dev fee per Gsf)=$C39/D$2
-	98.	D40(Fin cost per GSF)=$C40/D$2
-	99.	D41(IR per GSF)=$C41/D$2
-	100.	D42(Op res per GSF)=$C42/D$2
-	101.	D44(Total fin con reserves per gsf)=$C44/D$2
-	102.	E38(Cont cost per RSf)=$C38/E$2
-	103.	E39(Dev fee per rsf)=$C39/E$2
-	104.	E40(Fin cost per rsf)=$C40/E$2
-	105.	E41(IR per RSF)=$C41/E$2
-	106.	E42(Op res per Rsf)=$C42/E$2
-	107.	E44(Total fin con reserves per rsf)=$C44/E$2
-	108.	F38(Cont cost per unit)=$C38/F$2
-	109.	F39(dev fee per unit)=$C39/F$2
-	110.	F40(Fin costs per unit)=$C40/F$2
-	111.	F41(IR per unit)=$C41/F$2
-	112.	F42(op res per unit)=$C42/F$2
-	113.	F44(Total fin con reserves per unit)=$C44/F$2
-	114.	 J3(Pre LTC Budget)=(C35+C38+C39+C42+C10+C7)
-	115.	J5(True LTC)=J5=M3=True LTC=Debt %
-	116.	J7(Loan Amount)=J4*J3
-	117.	J9(Financing Amt)=J8*J7
-	118.	J11(Interest Rate)=(J10+430)/10000
-	119.	J13(J7*0.7*(J11/12)*J12)
-	120.	 J18(Trending Term)=M22+M23
-	121.	J19(Term revenue Inflation)=(1+J16)^($J$18/12)
-	122.	J20(Term Expense Inflation)=(1+J17)^($J$18/12)
-	123.	J28(Interest rate)=(J27+430)/10000
-	124.	J34(Gross Potential FM Rent)=M33*0.75*E2
-	125.	J35(Gross Potential IH Rent)=M33*0.75*E2
-	126.	J36(Other income)=I36*F2*12*0.75
-	127.	J37(Vacancy)=I37*(J36+J34+35)
-	128.	J38(Effective Gross income)=J34-J37+J36+J35
-	129.	J41(Retail rev)=J40*I40
-	130.	J44(Management Fee)=I44*J38
-	131.	J45(RE Taxes)=D2*30*0.1
-	132.	J46(Total Expenses)=SUM(J43:J45)
-	133.	J48(NOI)=J38-J46+J39+J41
-	134.	J49(Stabilized Yield on Cost)=(((J38+J41-J35)*J19)-(J46*J20))+J35
-	135.	J50(Yield on cost %)=J48/($C$44+PV(J21/12,36,0,C27))
-	136.	J51(Stabilized Yield on Cost %)=J49/($C$44+PV(J21/12,36,0,C27))
-	137.	J54(Property Value on Sale+ 25% of Year 1 CF)=(J49/I54)+(J49*0.25)
-	138.	J55(Sale Cost)=I55*J54
-	139.	J56(Net Sale Proceeds)=J54-J55
-	140.	J57(Cash Remaining After Loan Payback)=J56-N3
-	141.	J58(Lp Investment)=N4-J59
-	142.	J59(GP investment)=N4*0.2
-	143.	J61(GP Pref Accrual + Principal)=(1+I61/12)^$I$60*J59
-	144.	J62(LP Pref Accrual + Principal)=(1+I62/12)^$I$60*J58
-	145.	J63(Cash remaining after pref)=J57-J62-J61
-	146.	J64(Promote on JV)=I64*J63
-	147.	J65(Cash to LP)=(J63-J64)*(J58/(J58+J59))
-	148.	J66(Net to LP Investor)=J65+J62
-	149.	M3= (Debt%)=N3/C44
-	150.	M4=(Equity%)=1-M3
-	151.	M5=(Total Cap stack%)=M3+M4
-	152.	N3(Debt)=J13+J7+J9
-	153.	N4(Equity)=C44-N3
-	154.	N5( Cap stack )=N3+N4
-	155.	O3(Debt per Gsf)=$N3/D$2
-	156.	O4(Equity per GSf)=$N4/D$2
-	157.	O5(Cap stack per Gsf)=$N5/D$2
-	158.	P3(Debt per Rsf)=$N3/E$2
-	159.	P4(Equity per Rsf)=$N4/E$2
-	160.	P5(Cap stack per Rsf)=$N5/E$2
-	161.	Q3(Debt per unit)=$N3/F$2
-	162.	Q4(Equity per unit)=$N4/F$2
-	163.	Q5(Cap Stack per unit)=$N5/F$2
-	164.	M10(R&M turnover)=Q10*$F$2
-	165.	M11(Utilities)=Q11*$F$2
-	166.	M12(Admin+Pro)= Q12*$F$2
-	167.	M13 (insurance)=Q13*$F$2
-	168.	M14(Pro fees)=Q14*$F$2
-	169.	M15(Total Expenses)=SUM(M9:M14)
-	170.	N9(Payroll %)=M9/$J$38
-	171.	N10(R&M turnover %)=M10/$J$38
-	172.	N11(Utilities cost %)=M11/$J$38
-	173.	N12(Admin+Pro %)=M12/$J$38
-	174.	N13(Insurance %)=M13/$J$38
-	175.	N14(Pro fees%)=M14/$J$38
-	176.	N15(total expenses %)= M15/$J$38
-	177.	N29(Start Date)=MIn(N21:N28)
-	178.	M35(Blended RSF)=M33*0.75+M34*0.25
-	179.	N33(Total Free market rent)=$M$33*425/12
-	180.	N35(total Blended RSF)=$M$33*750/12
-	181.	O33(Free market rents Sf)=N33/*110/12
-	182.	O34(Affordable rents Sf)=N34*110/12
-	183.	O35(Blended RSF sf)=N35*110/12
+# Property Analysis Formulas - Semantic Version
+# Converted from Excel cell references to descriptive variable names
+
+# ============================================================================
+# BASIC PROPERTY METRICS
+# ============================================================================
+
+Building_Efficiency = RENTABLE_SF / GROSS_SF
+# Description: Ratio of rentable to gross square footage
+
+Land_Value_Per_GSF = LAND_VALUE / GROSS_SF
+# Description: Total land value divided by gross square feet
+
+Land_Value_Per_RSF = LAND_VALUE / RENTABLE_SF
+# Description: Total land value divided by rentable square feet
+
+Land_Value_Per_Unit = LAND_VALUE / UNITS
+# Description: Total land value divided by number of units
+
+Price_Per_Unit = PRICE / UNITS
+# Description: Purchase price divided by number of units
+
+Price_Per_GSF = PRICE / GROSS_SF
+# Description: Purchase price per gross square foot
+
+Price_Per_RSF = PRICE / RENTABLE_SF
+# Description: Purchase price per rentable square foot
+
+
+# ============================================================================
+# ACQUISITION COSTS
+# ============================================================================
+
+Acquisition_Fee = LAND_VALUE * 0.02
+# Description: 2% acquisition fee on land value
+
+Closing_Costs_Per_GSF = CLOSING_COSTS / GROSS_SF
+# Description: Closing costs per gross square foot
+
+Closing_Costs_Per_RSF = CLOSING_COSTS / RENTABLE_SF
+# Description: Closing costs per rentable square foot
+
+Closing_Costs_Per_Unit = CLOSING_COSTS / UNITS
+# Description: Closing costs per unit
+
+Acquisition_Fee_Per_GSF = ACQUISITION_FEE / GROSS_SF
+# Description: Acquisition fee per gross square foot
+
+Acquisition_Fee_Per_RSF = ACQUISITION_FEE / RENTABLE_SF
+# Description: Acquisition fee per rentable square foot
+
+Acquisition_Fee_Per_Unit = ACQUISITION_FEE / UNITS
+# Description: Acquisition fee per unit
+
+Total_Acquisition_Cost = LAND_VALUE + CLOSING_COSTS + ACQUISITION_FEE
+# Description: Sum of land value, closing costs, and acquisition fee
+
+Total_Acquisition_Cost_Per_GSF = TOTAL_ACQUISITION_COST / GROSS_SF
+# Description: Total acquisition cost per gross square foot
+
+Total_Acquisition_Cost_Per_RSF = TOTAL_ACQUISITION_COST / RENTABLE_SF
+# Description: Total acquisition cost per rentable square foot
+
+Total_Acquisition_Cost_Per_Unit = TOTAL_ACQUISITION_COST / UNITS
+# Description: Total acquisition cost per unit
+
+
+# ============================================================================
+# CONSTRUCTION COSTS
+# ============================================================================
+
+Total_Construction_GMP = CONSTRUCTION_COST_PER_GSF * GROSS_SF
+# Description: Guaranteed Maximum Price for construction
+
+Construction_GMP_Per_GSF = TOTAL_CONSTRUCTION_GMP / GROSS_SF
+# Description: Construction GMP per gross square foot
+
+Construction_GMP_Per_RSF = TOTAL_CONSTRUCTION_GMP / RENTABLE_SF
+# Description: Construction GMP per rentable square foot
+
+Construction_GMP_Per_Unit = TOTAL_CONSTRUCTION_GMP / UNITS
+# Description: Construction GMP per unit
+
+
+# ============================================================================
+# SOFT COSTS
+# ============================================================================
+
+Architecture_And_Interior_Cost_Per_GSF = ARCHITECTURE_AND_INTERIOR_COST / GROSS_SF
+# Description: A&I design costs per GSF
+
+Structural_Engineering_Cost_Per_GSF = STRUCTURAL_ENGINEERING_COST / GROSS_SF
+# Description: Structural engineering costs per GSF
+
+MEP_Engineering_Cost_Per_GSF = MEP_ENGINEERING_COST / GROSS_SF
+# Description: MEP engineering costs per GSF
+
+Civil_Engineering_Cost_Per_GSF = CIVIL_ENGINEERING_COST / GROSS_SF
+# Description: Civil engineering costs per GSF
+
+Controlled_Inspections_Cost_Per_GSF = CONTROLLED_INSPECTIONS_COST / GROSS_SF
+# Description: Inspection costs per GSF
+
+Surveying_Cost_Per_GSF = SURVEYING_COST / GROSS_SF
+# Description: Surveying costs per GSF
+
+Utilities_Connection_Cost_Per_GSF = UTILITIES_CONNECTION_COST / GROSS_SF
+# Description: Utility connection costs per GSF
+
+Advertising_And_Marketing_Cost_Per_GSF = ADVERTISING_AND_MARKETING_COST / GROSS_SF
+# Description: Marketing costs per GSF
+
+Accounting_Cost_Per_GSF = ACCOUNTING_COST / GROSS_SF
+# Description: Accounting costs per GSF
+
+Monitoring_Cost_Per_GSF = MONITORING_COST / GROSS_SF
+# Description: Monitoring costs per GSF
+
+FF_And_E_Cost_Per_GSF = FF_AND_E_COST / GROSS_SF
+# Description: Furniture, fixtures, and equipment costs per GSF
+
+Environmental_Consultant_Fee_Per_GSF = ENVIRONMENTAL_CONSULTANT_FEE / GROSS_SF
+# Description: Environmental consulting fees per GSF
+
+Miscellaneous_Consultants_Fee_Per_GSF = MISCELLANEOUS_CONSULTANTS_FEE / GROSS_SF
+# Description: Misc consultant fees per GSF
+
+General_Legal_Cost_Per_GSF = GENERAL_LEGAL_COST / GROSS_SF
+# Description: Legal costs per GSF
+
+Real_Estate_Taxes_During_Construction_Per_GSF = REAL_ESTATE_TAXES_DURING_CONSTRUCTION / GROSS_SF
+# Description: RE taxes during construction per GSF
+
+Miscellaneous_Admin_Cost_Per_GSF = MISCELLANEOUS_ADMIN_COST / GROSS_SF
+# Description: Misc admin costs per GSF
+
+IBR_Cost_Per_GSF = IBR_COST / GROSS_SF
+# Description: IBR costs per GSF
+
+Project_Team_Cost_Per_GSF = PROJECT_TEAM_COST / GROSS_SF
+# Description: Project team costs per GSF
+
+PEM_Fees_Per_GSF = PEM_FEES / GROSS_SF
+# Description: Project/Engineer management fees per GSF
+
+Bank_Fees_Per_GSF = BANK_FEES / GROSS_SF
+# Description: Bank fees per GSF
+
+HPD_And_IH_Cost = (3500 * UNITS * 0.75) + (5000 * UNITS * 0.25)
+# Description: Housing Preservation & Development and Inclusionary Housing costs
+
+HPD_And_IH_Fees_Per_GSF = HPD_AND_IH_COST / GROSS_SF
+# Description: HPD & IH fees per GSF
+
+Retail_TI_And_LC_Cost = (RETAIL_REVENUE * 0.3) + (50 * RETAIL_SF)
+# Description: Retail tenant improvement and leasing commission costs
+
+Retail_TI_And_LC_Cost_Per_GSF = RETAIL_TI_AND_LC_COST / GROSS_SF
+# Description: Retail TI & LC costs per GSF
+
+Total_Soft_Cost = ARCHITECTURE_AND_INTERIOR_COST + STRUCTURAL_ENGINEERING_COST + MEP_ENGINEERING_COST + CIVIL_ENGINEERING_COST + CONTROLLED_INSPECTIONS_COST + SURVEYING_COST + UTILITIES_CONNECTION_COST + ADVERTISING_AND_MARKETING_COST + ACCOUNTING_COST + MONITORING_COST + FF_AND_E_COST + ENVIRONMENTAL_CONSULTANT_FEE + MISCELLANEOUS_CONSULTANTS_FEE + GENERAL_LEGAL_COST + REAL_ESTATE_TAXES_DURING_CONSTRUCTION + MISCELLANEOUS_ADMIN_COST + IBR_COST + PROJECT_TEAM_COST + PEM_FEES + BANK_FEES + HPD_AND_IH_COST + RETAIL_TI_AND_LC_COST
+# Description: Sum of all soft costs
+
+Total_Soft_Cost_Per_GSF = TOTAL_SOFT_COST / GROSS_SF
+# Description: Total soft costs per GSF
+
+
+# ============================================================================
+# CONTINGENCY AND RESERVES
+# ============================================================================
+
+Contingency_Cost = (TOTAL_CONSTRUCTION_GMP + TOTAL_SOFT_COST) * 0.05
+# Description: 5% contingency on construction and soft costs
+
+Development_Fee = (TOTAL_CONSTRUCTION_GMP + TOTAL_SOFT_COST) * 0.04
+# Description: 4% development fee on construction and soft costs
+
+Operating_Reserve = TOTAL_OPERATING_EXPENSES * 0.2
+# Description: 20% of annual operating expenses as reserve
+
+Contingency_Cost_Per_GSF = CONTINGENCY_COST / GROSS_SF
+# Description: Contingency per GSF
+
+Development_Fee_Per_GSF = DEVELOPMENT_FEE / GROSS_SF
+# Description: Development fee per GSF
+
+Financing_Cost_Per_GSF = FINANCING_COST / GROSS_SF
+# Description: Financing costs per GSF
+
+Interest_Reserve_Per_GSF = INTEREST_RESERVE / GROSS_SF
+# Description: Interest reserve per GSF
+
+Operating_Reserve_Per_GSF = OPERATING_RESERVE / GROSS_SF
+# Description: Operating reserve per GSF
+
+
+# ============================================================================
+# TOTAL PROJECT COST
+# ============================================================================
+
+Total_Financing_Contingency_And_Reserves = TOTAL_SOFT_COST + TOTAL_CONSTRUCTION_GMP + TOTAL_ACQUISITION_COST + CONTINGENCY_COST + DEVELOPMENT_FEE + FINANCING_COST + INTEREST_RESERVE + OPERATING_RESERVE
+# Description: Total project cost including all components
+
+Total_Project_Cost_Per_GSF = TOTAL_FINANCING_CONTINGENCY_AND_RESERVES / GROSS_SF
+# Description: Total project cost per GSF
+
+Total_Project_Cost_Per_RSF = TOTAL_FINANCING_CONTINGENCY_AND_RESERVES / RENTABLE_SF
+# Description: Total project cost per RSF
+
+Total_Project_Cost_Per_Unit = TOTAL_FINANCING_CONTINGENCY_AND_RESERVES / UNITS
+# Description: Total project cost per unit
+
+
+# ============================================================================
+# CAPITAL STACK
+# ============================================================================
+
+Pre_LTC_Budget = TOTAL_SOFT_COST + CONTINGENCY_COST + DEVELOPMENT_FEE + OPERATING_RESERVE + TOTAL_CONSTRUCTION_GMP + TOTAL_ACQUISITION_COST
+# Description: Budget before loan-to-cost calculation
+
+Loan_Amount = LTC_RATIO * PRE_LTC_BUDGET
+# Description: Total loan amount based on LTC ratio
+
+Financing_Amount = FINANCING_PERCENTAGE * LOAN_AMOUNT
+# Description: Amount of financing
+
+Interest_Rate_Decimal = (INTEREST_RATE_BASIS_POINTS + 430) / 10000
+# Description: Convert basis points to decimal rate
+
+Construction_Interest = LOAN_AMOUNT * 0.7 * (INTEREST_RATE_DECIMAL / 12) * CONSTRUCTION_MONTHS
+# Description: Interest during construction period
+
+Total_Debt = CONSTRUCTION_INTEREST + LOAN_AMOUNT + FINANCING_AMOUNT
+# Description: Total debt including interest and fees
+
+Total_Equity = TOTAL_FINANCING_CONTINGENCY_AND_RESERVES - TOTAL_DEBT
+# Description: Total equity requirement
+
+Debt_Percentage = TOTAL_DEBT / TOTAL_FINANCING_CONTINGENCY_AND_RESERVES
+# Description: Debt as percentage of total project cost
+
+Equity_Percentage = TOTAL_EQUITY / TOTAL_FINANCING_CONTINGENCY_AND_RESERVES
+# Description: Equity as percentage of total project cost
+
+Total_Capital_Stack = TOTAL_DEBT + TOTAL_EQUITY
+# Description: Sum of debt and equity
+
+Debt_Per_GSF = TOTAL_DEBT / GROSS_SF
+# Description: Debt per gross square foot
+
+Equity_Per_GSF = TOTAL_EQUITY / GROSS_SF
+# Description: Equity per gross square foot
+
+Debt_Per_Unit = TOTAL_DEBT / UNITS
+# Description: Debt per unit
+
+Equity_Per_Unit = TOTAL_EQUITY / UNITS
+# Description: Equity per unit
+
+
+# ============================================================================
+# OPERATING EXPENSES
+# ============================================================================
+
+Payroll_Per_Unit = PAYROLL / UNITS
+# Description: Annual payroll cost per unit
+
+Repairs_And_Maintenance_Per_Unit = REPAIRS_AND_MAINTENANCE / UNITS
+# Description: Annual R&M cost per unit
+
+Utilities_Per_Unit = UTILITIES / UNITS
+# Description: Annual utilities cost per unit
+
+Admin_And_Professional_Per_Unit = (ADMINISTRATIVE + PROFESSIONAL_FEES) / UNITS
+# Description: Admin and professional fees per unit
+
+Insurance_Per_Unit = INSURANCE / UNITS
+# Description: Annual insurance cost per unit
+
+Professional_Fees_Per_Unit = PROFESSIONAL_FEES / UNITS
+# Description: Professional fees per unit
+
+Total_Operating_Expenses = PAYROLL + REPAIRS_AND_MAINTENANCE + UTILITIES + ADMINISTRATIVE + PROFESSIONAL_FEES + INSURANCE + PROPERTY_TAXES
+# Description: Sum of all operating expenses
+
+Payroll_Percentage_Of_EGI = PAYROLL / EFFECTIVE_GROSS_INCOME
+# Description: Payroll as % of EGI
+
+Repairs_And_Maintenance_Percentage_Of_EGI = REPAIRS_AND_MAINTENANCE / EFFECTIVE_GROSS_INCOME
+# Description: R&M as % of EGI
+
+Utilities_Percentage_Of_EGI = UTILITIES / EFFECTIVE_GROSS_INCOME
+# Description: Utilities as % of EGI
+
+Admin_And_Professional_Percentage_Of_EGI = (ADMINISTRATIVE + PROFESSIONAL_FEES) / EFFECTIVE_GROSS_INCOME
+# Description: Admin & professional as % of EGI
+
+Insurance_Percentage_Of_EGI = INSURANCE / EFFECTIVE_GROSS_INCOME
+# Description: Insurance as % of EGI
+
+Professional_Fees_Percentage_Of_EGI = PROFESSIONAL_FEES / EFFECTIVE_GROSS_INCOME
+# Description: Professional fees as % of EGI
+
+Total_Operating_Expenses_Percentage_Of_EGI = TOTAL_OPERATING_EXPENSES / EFFECTIVE_GROSS_INCOME
+# Description: Total OpEx as % of EGI
+
+Operating_Expenses_Per_Unit = TOTAL_OPERATING_EXPENSES / UNITS
+# Description: Total operating expenses per unit
+
+Operating_Expenses_Per_GSF = TOTAL_OPERATING_EXPENSES / GROSS_SF
+# Description: Total operating expenses per GSF
+
+
+# ============================================================================
+# REVENUE PROJECTIONS
+# ============================================================================
+
+Trending_Term = LEASE_UP_MONTHS + STABILIZATION_MONTHS
+# Description: Total time to stabilization
+
+Term_Revenue_Inflation = (1 + REVENUE_INFLATION_RATE) ** (TRENDING_TERM / 12)
+# Description: Revenue inflation factor over trending term
+
+Term_Expense_Inflation = (1 + EXPENSE_INFLATION_RATE) ** (TRENDING_TERM / 12)
+# Description: Expense inflation factor over trending term
+
+Gross_Potential_Free_Market_Rent = FREE_MARKET_RENT_PSF * 0.75 * RENTABLE_SF
+# Description: Annual free market rent potential (75% of units)
+
+Gross_Potential_Affordable_Rent = AFFORDABLE_RENT_PSF * 0.25 * RENTABLE_SF
+# Description: Annual affordable rent potential (25% of units)
+
+Other_Income = OTHER_INCOME_PER_UNIT * UNITS * 12 * 0.75
+# Description: Annual other income
+
+Vacancy_Loss = VACANCY_RATE * (OTHER_INCOME + GROSS_POTENTIAL_FREE_MARKET_RENT + GROSS_POTENTIAL_AFFORDABLE_RENT)
+# Description: Total vacancy loss
+
+Effective_Gross_Income = GROSS_POTENTIAL_FREE_MARKET_RENT - VACANCY_LOSS + OTHER_INCOME + GROSS_POTENTIAL_AFFORDABLE_RENT
+# Description: EGI after vacancy
+
+Retail_Revenue = RETAIL_RENT_PSF * RETAIL_SF
+# Description: Annual retail revenue
+
+Management_Fee = MANAGEMENT_FEE_PERCENTAGE * EFFECTIVE_GROSS_INCOME
+# Description: Property management fee
+
+Real_Estate_Taxes = GROSS_SF * 30 * 0.1
+# Description: Estimated annual property taxes
+
+Total_Expenses = PAYROLL + REPAIRS_AND_MAINTENANCE + UTILITIES + REAL_ESTATE_TAXES + MANAGEMENT_FEE
+# Description: Total operating expenses including taxes
+
+
+# ============================================================================
+# RETURNS & PERFORMANCE
+# ============================================================================
+
+Net_Operating_Income = EFFECTIVE_GROSS_INCOME - TOTAL_EXPENSES + PARKING_INCOME + RETAIL_REVENUE
+# Description: NOI calculation
+
+NOI_Per_Unit = NET_OPERATING_INCOME / UNITS
+# Description: NOI per unit
+
+NOI_Per_GSF = NET_OPERATING_INCOME / GROSS_SF
+# Description: NOI per gross square foot
+
+Cap_Rate = (NET_OPERATING_INCOME / PRICE) * 100
+# Description: Capitalization rate as percentage
+
+Stabilized_Yield_On_Cost = (((EFFECTIVE_GROSS_INCOME + RETAIL_REVENUE - GROSS_POTENTIAL_AFFORDABLE_RENT) * TERM_REVENUE_INFLATION) - (TOTAL_EXPENSES * TERM_EXPENSE_INFLATION)) + GROSS_POTENTIAL_AFFORDABLE_RENT
+# Description: Stabilized NOI after inflation
+
+Yield_On_Cost_Percentage = NET_OPERATING_INCOME / TOTAL_FINANCING_CONTINGENCY_AND_RESERVES
+# Description: Yield on cost as percentage
+
+Stabilized_Yield_On_Cost_Percentage = STABILIZED_YIELD_ON_COST / TOTAL_FINANCING_CONTINGENCY_AND_RESERVES
+# Description: Stabilized yield on cost as percentage
+
+Cash_On_Cash_Return = ((NET_OPERATING_INCOME - ANNUAL_DEBT_SERVICE) / TOTAL_EQUITY) * 100
+# Description: Cash on cash return percentage
+
+Debt_Service_Coverage_Ratio = NET_OPERATING_INCOME / ANNUAL_DEBT_SERVICE
+# Description: DSCR metric
+
+Annual_Debt_Service = LOAN_AMOUNT * INTEREST_RATE_DECIMAL
+# Description: Annual debt service payment
+
+
+# ============================================================================
+# EXIT ANALYSIS
+# ============================================================================
+
+Property_Value_On_Sale = (STABILIZED_YIELD_ON_COST / EXIT_CAP_RATE_DECIMAL) + (STABILIZED_YIELD_ON_COST * 0.25)
+# Description: Property value at sale plus 25% of Year 1 cash flow
+
+Sale_Cost = SALE_COST_PERCENTAGE * PROPERTY_VALUE_ON_SALE
+# Description: Cost of sale
+
+Net_Sale_Proceeds = PROPERTY_VALUE_ON_SALE - SALE_COST
+# Description: Net proceeds after sale costs
+
+Cash_Remaining_After_Loan_Payback = NET_SALE_PROCEEDS - TOTAL_DEBT
+# Description: Cash after paying back debt
+
+GP_Investment = TOTAL_EQUITY * 0.2
+# Description: General partner 20% investment
+
+LP_Investment = TOTAL_EQUITY - GP_Investment
+# Description: Limited partner 80% investment
+
+GP_Preferred_Return_With_Principal = (1 + GP_PREF_RATE / 12) ** HOLD_PERIOD_MONTHS * GP_INVESTMENT
+# Description: GP preferred return accrual
+
+LP_Preferred_Return_With_Principal = (1 + LP_PREF_RATE / 12) ** HOLD_PERIOD_MONTHS * LP_INVESTMENT
+# Description: LP preferred return accrual
+
+Cash_Remaining_After_Preferred = CASH_REMAINING_AFTER_LOAN_PAYBACK - LP_PREFERRED_RETURN_WITH_PRINCIPAL - GP_PREFERRED_RETURN_WITH_PRINCIPAL
+# Description: Cash after preferred returns
+
+Promote_On_Joint_Venture = PROMOTE_PERCENTAGE * CASH_REMAINING_AFTER_PREFERRED
+# Description: Promote/carried interest
+
+Cash_To_LP = (CASH_REMAINING_AFTER_PREFERRED - PROMOTE_ON_JOINT_VENTURE) * (LP_INVESTMENT / (LP_INVESTMENT + GP_INVESTMENT))
+# Description: Total cash distribution to LP
+
+Net_To_LP_Investor = CASH_TO_LP + LP_PREFERRED_RETURN_WITH_PRINCIPAL
+# Description: Net return to LP investor
+
+LP_Multiple = NET_TO_LP_INVESTOR / LP_INVESTMENT
+# Description: LP equity multiple
+
+IRR_To_LP = ((NET_TO_LP_INVESTOR / LP_INVESTMENT) ** (12 / HOLD_PERIOD_MONTHS) - 1) * 100
+# Description: Estimated IRR to LP (simplified)
+
+
+# ============================================================================
+# RENT ANALYSIS
+# ============================================================================
+
+Blended_Rent_Per_RSF = (FREE_MARKET_RENT_PSF * 0.75) + (AFFORDABLE_RENT_PSF * 0.25)
+# Description: Weighted average rent per RSF
+
+Total_Free_Market_Rent = FREE_MARKET_RENT_PSF * 425 / 12
+# Description: Free market rent calculation
+
+Total_Blended_Rent = BLENDED_RENT_PER_RSF * 750 / 12
+# Description: Blended rent calculation
+
+Free_Market_Rent_Per_SF = TOTAL_FREE_MARKET_RENT * 110 / 12
+# Description: Free market rent per SF monthly
+
+Affordable_Rent_Per_SF = AFFORDABLE_RENT_PSF * 110 / 12
+# Description: Affordable rent per SF monthly
+
+Blended_Rent_Per_SF = TOTAL_BLENDED_RENT * 110 / 12
+# Description: Blended rent per SF monthly
+
+Average_Rent_Per_Unit = (GROSS_POTENTIAL_FREE_MARKET_RENT + GROSS_POTENTIAL_AFFORDABLE_RENT) / UNITS
+# Description: Average annual rent per unit
+
+Rent_Per_Unit_Per_Month = AVERAGE_RENT_PER_UNIT / 12
+# Description: Average monthly rent per unit