2. Typical Characteristics of Rent Stabilized Buildings in Lenders’ Portfolios, 1996 Loan-to- Vacancy & Collection Typical Lending Value Collection Losses Building Monthly O&M Inst. Ratio Losses Only Size Cost per Unit A-03 65% 5% 5% 20-49 $350 A-04 65% NR 4% 11-19 30% of expenses A-06 60% NR NR 11-19 NR B-27 60% 1% 2% 50-99 50-55% of Gross Inc. B-29 55% 1% 1% 1-10 30-60% of Eff.Gross Inc. B-62 70% 6% 6% 50-99 $300-350 B-63 70% 5% 5% 50-99 $2,900 B-66 65% 6% 5% 20-49 $225 exc re taxes & Water B-68 60% 5% 3% 1-10 $240 B-70 65% 1% 1% 50-99 $550 B-76 70% 5% 4% 50-99 $320 exc re taxes B-83 60% 5% 5% 11-19 $200-250 C-02 75% 3% 1% 50-99 $80 C-05 60% 3% 2% 11-19 $50-60% of Gross Rents C-06 75% 3% 1% 100+ varies w/age & bldg cond. C-09 60% 5% 3% 50-99 $3,800 C-30 75% NR NR NR NR C-34 65% 3% 2% 20-49 NR SL-15 60% 1% 1% NR NR SL-25 65-70% 5% 2% 11-19 $240 SL-26 NR NR NR NR NR Avg: 65% 3.7% 2.9% mode 50-99 * NR indicates no response to this question. * No monthly average could be computed due to large variations in responses. Source: 1996 Rent Guidelines Board Mortgage Survey