Apartment Buildings
CLASS
5-YR
7-YR
15-YR
27.5-Yr
%
14
0
7
79
On a $2.5 Million apartment building study, excluding land value,
- $350,000 would be reclassified into 5-Year Property
- $175,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $119,285, with $28,808 in the first year.
Assisted Living Facility
CLASS
5-YR
7-YR
15-YR
39-YR
%
12
0
10
78
On a $5.0 Million assisted living facility study, excluding land value,
- $600,000 would be reclassified into 5-Year Property
- $500,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $222,530, with $52,359 in the first year.
Auto Dealership
CLASS
5-YR
7-YR
15-YR
39-YR
%
9
0
16
75
On a $6.0 Million auto dealership study, excluding land value,
- $540,000 would be reclassified into 5-Year Property
- $960,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $246,281, with $54,708 in the first year.
Bank Branch
CLASS
5-YR
7-YR
15-YR
39-YR
%
20
0
12
68
On a $2.0 Million bank branch study, excluding land value,
- $400,000 would be reclassified into 5-Year Property
- $240,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $139,935, with $33,518 in the first year.
Car & Truck Body Shop
CLASS
5-YR
7-YR
15-YR
39-YR
%
11
0
13
76
On a $2.0 Million auto body shop study, excluding land value,
- $220,000 would be reclassified into 5-Year Property
- $260,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $88,510, with $20,338 in the first year.
Casino
CLASS
5-YR
7-YR
15-YR
39-YR
%
5
23
15
57
On a $10.0 Million casino study, excluding land value,
- $500,000 would be reclassified into 5-Year Property
- $2,300,000 would be reclassified into 7-Year Property
- $1,500,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $822,871, with $179,380 in the first year.
Distribution Center
CLASS
5-YR
7-YR
15-YR
39-YR
%
9
0
15
76
On a $3.0 Million distribution center study, excluding land value,
- $270,000 would be reclassified into 5-Year Property
- $450,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $120,434 with $26,908 in the first year.
Food Processing Facility
CLASS
5-YR
7-YR
15-YR
39-YR
%
1
25
10
64
On a $20.0 Million food processing facility study, excluding land value,
- $200,000 would be reclassified into 5-Year Property
- $5,000,000 would be reclassified into 7-Year Property
- $2,000,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $1,412,828 with $304,797 in the first year.
Golf Course / Country Club
CLASS
5-YR
7-YR
15-YR
39-YR
%
1
6
55
38
On a $15.0 Million golf course or country club study, excluding land value,
- $150,000 would be reclassified into 5-Year Property
- $900,000 would be reclassified into 7-Year Property
- $8,250,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings over 39 years of $1,237,997 with $180,737 in the first year.
Hospital / Medical Center
CLASS
5-YR
7-YR
15-YR
39-YR
%
25
0
12
63
On a $35.0 Million hospital or medical center study, excluding land value,
- $8,750,000 would be reclassified into 5-Year Property
- $4,200,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $2,966,353 with $717,590 in the first year.
Hotel
CLASS
5-YR
7-YR
15-YR
39-YR
%
16
0
13
71
On a $15.0 Million hotel study, excluding land value,
- $2,400,000 would be reclassified into 5-Year Property
- $1,950,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $885,612 with $208,692 in the first year.
Industrial & Flex Buildings
CLASS
5-YR
7-YR
15-YR
39-YR
%
3
3
12
82
On a $5.0 Million industrial / flex building study, excluding land value,
- $150,000 would be reclassified into 5-Year Property
- $150,000 would be reclassified into 7-Year Property
- $600,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $133,679 with $27,956 in the first year.
Heavy Manufacturing
CLASS
5-YR
7-YR
15-YR
39-YR
%
1
30
15
54
On a $8.0 Million heavy manufacturing study, excluding land value,
- $80,000 would be reclassified into 5-Year Property
- $2,400,000 would be reclassified into 7-Year Property
- $1,200,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $695,075 with $148,674 in the first year.
Light Manufacturing
CLASS
5-YR
7-YR
15-YR
39-YR
%
1
10
10
79
On a $3.5 Million light manufacturing study, excluding land value,
- $35,000 would be reclassified into 5-Year Property
- $1,050,000 would be reclassified into 7-Year Property
- $525,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $304,095 with $65,045 in the first year.
Nursing Home
CLASS
5-YR
7-YR
15-YR
39-YR
%
17
0
10
73
On a $7.0 Million nursing home study, excluding land value,
- $1,190,000 would be reclassified into 5-Year Property
- $700,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $415,042 with $99,508 in the first year.
Office
CLASS
5-YR
7-YR
15-YR
39-YR
%
6
2
9
83
On a $5.0 Million office study, excluding land value,
- $300,000 would be reclassified into 5-Year Property
- $100,000 would be reclassified into 7-Year Property
- $450,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $152,772 with $34,356 in the first year.
Office - Medical
CLASS
5-YR
7-YR
15-YR
39-YR
%
19
0
9
72
On a $12.0 Million medical office study, excluding land value,
- $2,280,000 would be reclassified into 5-Year Property
- $1,080,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $771,648 with $186,769 in the first year.
Restaurant
CLASS
5-YR
7-YR
15-YR
39-YR
%
21
0
8
71
On a $2.0 Million restaurant study, excluding land value,
- $380,000 would be reclassified into 5-Year Property
- $180,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $128,608 with $31,128 in the first year.
Restaurant - Upscale
CLASS
5-YR
7-YR
15-YR
39-YR
%
26
0
8
66
On a $3.5 Million upscale restaurant study, excluding land value,
- $910,000 would be reclassified into 5-Year Property
- $280,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $294,357 with $72,298 in the first year.
Retail
CLASS
5-YR
7-YR
15-YR
39-YR
%
8
0
10
82
On a $1.0 Million retail study, excluding land value,
- $260,000 would be reclassified into 5-Year Property
- $80,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $84,102 with $20,102 in the first year.
Retail - Shopping Center
CLASS
5-YR
7-YR
15-YR
39-YR
%
9
0
14
77
On a $8.5 Million retail shopping center study, excluding land value,
- $765,000 would be reclassified into 5-Year Property
- $1,190,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $333,565 with $74,974 in the first year.
Self Storage Facility
CLASS
5-YR
7-YR
15-YR
39-YR
%
7
0
15
78
On a $2.0 Million self storage facility study, excluding land value,
- $140,000 would be reclassified into 5-Year Property
- $300,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $68,461 with $14,944 in the first year.
Movie Theater \ Cinema
CLASS
5-YR
7-YR
15-YR
39-YR
%
5
18
10
67
On a $6.0 Million movie theater\ cinema study, excluding land value,
- $300,000 would be reclassified into 5-Year Property
- $1,080,000 would be reclassified into 7-Year Property
- $600,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings in the first five years of $396,264 with $87,562 in the first year.
Warehouse
CLASS
5-YR
7-YR
15-YR
39-YR
%
3
0
15
82
On a $1.5 Million warehouse study, excluding land value,
- $45,000 would be reclassified into 5-Year Property
- $225,000 would be reclassified into 15-Year Property
At a 40% corporate tax rate & 8% discount rate:
- This represents a net present value of after-tax savings over 39 years of $37,904 with $6,715 in the first year.