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101 Poplar St.

Purchase Closed Date
11/14/2012
Neighborhood
Northern Liberties
NRIA Complex
900 N. Front St.
Gross Usable Square Feet
2,198
Bedrooms
3
Bathrooms
3.0
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$645,000.00
Less Total Cost:
Land Purchase Price
$115,000.00
New Construction Fixed Price
$245,396.00
Closing & Project Management Fees
$19,775.91
Total Cost
$380,171.91
Built-In Equity Profit
$264,828.09

DOWNLOADABLE DOCUMENTS:

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Net Cash-In Used

Cash-In Over 12 Months:
Historical NRIA Fee Deposit
$7,500.00
Construction Interest Paid on the Project
$27,622.24
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$0.00
Total Cash-In
$35,122.42

Less Cash Back Received at Refinance:
Total Cash Back
$708.61

The Net Cash that was Left In This Property
$34,413.81

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$2,600.00
Less Monthly Cash-Out Flow:
Mortgage
$2,140.65
HOA Fee
$135.00
Land Tax Only
$12.50
Insurance
$62.50
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,400.65
Monthly Positive Cash Flow
$199.35
Monthly Principal Pay Down of Your Mortgage
$497.37
Total Monthly Rent Benefit
$696.72
  x 12 Months
Annual Net Rent Benefit
$8,360.64

Annual Rent to Cash-In Returns

$8,360.64 Annual Net Rent Benefit
$34,413.81 The Net Cash that was Left In This Property
 =24.3%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $8,360.64 Annual Net Rent Benefit) + $264,828.09 Equity Return at Resale
$34,413.81 The Net Cash that was Left In This Property
 =
891.0%
5 Years
 
= 178.2% Per Annum