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Turquoise Oasis Spa

Expansion Loan Analysis


First New Mexico Savings and Loan
Loan Option 1
Loan Amount
Interest Rate
Term of Loan (years)
Payments per Year
Monthly Payment (end of period)
Monthly Payment (beginning of period)

Loan Option 2
$200,000
6.75%
10
12
$2,296.48
$2,283.64

Loan Option 3
Loan Amount
Interest Rate
Payments per Year
Monthly Payment (end of period)
Total Number of Payments (end of period)

$200,000
5.75%
12
$3,825.02
60

Loan Amount
Monthly Payment
Term of Loan (years)
Payments per Year
Interest Rate (end of period)
Interest Rate (beginning of period)

$200,000
$2,853.00
8
12
8.252%
8.448%

Turquoise Oasis Spa


Expansion Loan Analysis
First New Mexico Savings and Loan
Loan Option 4
Loan Amount
Interest Rate
Term of Loan (years)
Payments per Year
Quarterly Payment

$200,000
8.25%
3
4
$18,984.59

Total Cumulative Interest Payments


End of Period Payments

$27,815.02

Periodic Cumulative Interest Payments


Quarter
1
2
3
4
5
6
7
8
9
10
11
12

Interest
$4,125.00
$3,818.52
$3,505.72
$3,186.47
$2,860.63
$2,528.08
$2,188.66
$1,842.25
$1,488.68
$1,127.83
$759.54
$383.64

e Oasis Spa
Loan Analysis
o Savings and Loan

Total Cumulative Principal Payments


End of Period Payments

$200,000.00

Periodic Cumulative Principal Payments


Quarter
1
2
3
4
5
6
7
8
9
10
11
12

Principal
$14,859.59
$15,166.06
$15,478.86
$15,798.12
$16,123.95
$16,456.51
$16,795.92
$17,142.34
$17,495.90
$17,856.75
$18,225.05
$18,600.94

Turquoise Oasis Spa


Basic Loan Amortization
Input Variables
Amount of Loan
Interest Rate
Term of Loan (years)
Payments per Year
Starting Date of Loan

Period
1
2
3
4
5
6
7
8
9
10
11
12
Totals

Date
3/1/2015
4/1/2015
5/1/2015
6/1/2015
7/1/2015
8/1/2015
9/1/2015
10/1/2015
11/1/2015
12/1/2015
1/1/2016
2/1/2016

Calculated Values
$25,000
6.75%
1
12
2/1/2015

Beginning
Balance
$25,000
$22,980.34
$20,949.31
$18,906.86
$16,852.93
$14,787.44
$12,710.33
$10,621.53
$8,520.99
$6,408.63
$4,284.39
$2,148.20

Number of Payments
Monthly Payment
Total of Payments
Total Interest Paid

Payment
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$2,160.29
$25,923.46

Interest
$140.63
$129.26
$117.84
$106.35
$94.80
$83.18
$71.50
$59.75
$47.93
$36.05
$24.10
$12.08
$923.46

on
Calculated Values

r of Payments
y Payment
Payments
terest Paid

12
$2,160.29
$25,923.46
$923.46

Principal
$2,019.66
$2,031.02
$2,042.45
$2,053.94
$2,065.49
$2,077.11
$2,088.79
$2,100.54
$2,112.36
$2,124.24
$2,136.19
$2,148.20
$25,000.00

Remaining
Balance
$22,980.34
$20,949.31
$18,906.86
$16,852.93
$14,787.44
$12,710.33
$10,621.53
$8,520.99
$6,408.63
$4,284.39
$2,148.20
$0.00

Turquoise Oasis Spa


Investment Analysis
Bond Details
Par Value
Coupon Rate
Maturity (in years)
Coupon Payment (annually)
Yield to Maturity (YTM)
Present Value (PV)

$50,000.00
6.00%
5
$3,000.00
7.75%
$46,483.24

Investment Details
Present Value
Term (in years)
Interest Rate (compounded quarterly)
Total Contribution
Future Value
Total Earned

$400,000.00
5
6.00%
$400,000.00
$538,742.00
$138,742.00

Turquoise Oasis Spa


Net Present Value Analysis
Input Values
Discount Rate
Total Initial Investment

2.56%
-$125,000.00

Cash Flows
Year
Year
Year
Year

0
1
2
3

Net Present Value

-$125,000.00 Initial Investment


$56,000.00
$45,000.00
$33,000.00
$2,973.76

Turquoise Oasis Spa


Irregular Net Present Value Analysis
Required Rate of Return (RRR)

Dates

10.00%

Cash Flows
3/1/2015
4/1/2015
8/1/2015
11/1/2015
2/1/2016
3/1/2016
4/1/2016
7/1/2016
9/1/2016
11/1/2016
2/1/2017
3/1/2017

Irregular Net Present Value

-$125,000.00 Initial Investment


$8,500.00
$17,500.00
$16,500.00
$14,000.00
$10,000.00
$8,750.00
$12,400.00
$10,000.00
$14,000.00
$14,340.00
$12,900.00
($371.39)

Turquoise Oasis Spa


Internal Rate of Return Analysis
Option 1 Cash Flows
Year
Year
Year
Year
Year

0
1
2
3
4

Internal Rate
of Return (IRR)

($125,000)
$35,000
$35,000
$35,000
$35,000

4.69%

Option 2 Cash Flows


Year
Year
Year
Year
Year
Year
Year

0
1
2
3
4
5
6

Internal Rate of
Return (IRR)

($125,000)
$65,000
$35,000
$15,000
$10,000
$10,000
$5,000

5.58%

Turquoise Oasis Spa


Irregular Internal Rate of Return Analysis
Required Rate of Return (RRR)

Dates

10.00%

Cash Flows
3/31/2015
6/30/2015
9/30/2015
10/31/2015
2/29/2016
5/31/2016
9/30/2016
12/31/2016
4/30/2017

Irregular Internal Rate of Return

-$125,000.00 Initial Investment


$18,000.00
$25,000.00
$45,000.00
$17,000.00
$12,500.00
$10,000.00
$5,000.00
$3,000.00
11.27%

Turquoise Oasis Spa


Asset Straight-Line Depreciation Table
Cost of asset
Salvage value
Useful life

End of Year
1
2
3
4
5

$25,000.00
$1,750.00
5
Depreciation
expense for
year
$4,650.00
$4,650.00
$4,650.00
$4,650.00
$4,650.00

Accumulated
depreciation Book value at
at year end
year end
$4,650.00
$20,350.00
$9,300.00
$15,700.00
$13,950.00
$11,050.00
$18,600.00
$6,400.00
$23,250.00
$1,750.00 Net Book Value

Turquoise Oasis Spa


Asset Declining Balance Depreciation Table
Cost of asset
Salvage value
Useful life

End of Year
1
2
3
4
5

$25,000
$1,750
5
Depreciation
expense for
year
$6,866.67
$6,056.40
$3,561.16
$2,093.96
$1,231.25

Accumulated
depreciation Book value at
at year end
year end
$6,866.67
$18,133.33
$12,923.07
$12,076.93
$16,484.23
$8,515.77
$18,578.19
$6,421.81
$19,809.44
$5,190.56 Net Book Value

ok Value

Turquoise Oasis Spa


Asset Double Declining Balance Depreciation Table
Cost of asset
Salvage value
Useful life

End of Year
1
2
3
4
5

278464306.xlsx

$25,000
$1,750
5
Depreciation
expense for
year
$10,000.00
$6,000.00
$3,600.00
$2,160.00
$1,296.00

Accumulated
depreciation Book value at
at year end
year end
$10,000.00
$15,000.00
$16,000.00
$9,000.00
$19,600.00
$5,400.00
$21,760.00
$3,240.00
$23,056.00
$1,944.00 Net Book Value

ok Value

278464306.xlsx

Create Date By Whom


6/25/2015 Heather McGuire
Mod. Date
By Whom

Description

Create Date

Creator

Sheet Name

Mod. Description

Workbook Name
e06ws11Finance.xlsx

Last Version Backup Name

Purpose