 Changed Property Ratio (“CPR”) Clackamas County201320122011201020092008200720062005 Residential (1XX)0.8940.90200.82100.7370 0.6500 0.5550 0.5440 0.6000.

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Presentation transcript:

 Changed Property Ratio (“CPR”) Clackamas County Residential (1XX) Comm/Local Ind (2XX) State Industrial (3XX) Multifamily (7XX) Multnomah County Residential (1XX) Comm/Local Ind (2XX) State Industrial (3XX) Multifamily (7XX) Washington County Residential (1XX) Comm/Local Ind (2XX) State Industrial (3XX) Multifamily (7XX)

 Washington Multnomah Clackamas Proforma Income $ 2,345,600 Proforma Expenses $ (703,680) Proforma NOI $ 1,641,920 Base cap rate5.50% Effective tax rate1.26%1.41%1.55% Overall cap rate6.76%6.91%7.05% Real Market Value $ 24,288,757 $ 23,772,800 $ 23,278,171 x CPR Max. Assessed Value $ 15,301,917 $ 13,876,183 $ 18,785,484 Assessed value $ 15,301,917 $ 13,876,183 $ 18,785,484 x Actual tax rate2.00%2.41%1.93% Projected taxes $ 306, $ 334, $ 361, Impact of CPR on New Construction

 Measure 5 Compression Calculator Property:ABC CorporationFile No.: Account No.:R000000Tax Year: Assessed ValueSch. TaxRateM 5 RateTrigger RMVCurrent RMV $3,047,280$19, $3,984,360 Assessed ValueGovt. TaxRateM 5 RateTrigger RMVCurrent RMV $3,047,280$39, $3,984,360 Revised RMVRev. Sch.Rev. Govt. Total Savings/Refund $3,500,000$17,500.00$35,000.00=$7,265.40