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1100 N. Hope St.

Purchase Closed Date
11/22/2011
Neighborhood
Northern Liberties
NRIA Complex
Residences @ H3
Gross Usable Square Feet
1,710
Bedrooms
3
Bathrooms
2.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$515,000.00
Less Total Cost:
Land Purchase Price
$108,000.00
New Construction Fixed Price
$232,578.00
Closing & Project Management Fees
$22,508.36
Total Cost
$363,086.36
Built-In Equity Profit
$151,913.64

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
$26,103.00
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$0.00
Total Cash-In
$33,603.00

Less Cash Back Received at Refinance:
Total Cash Back
$878.88

The Net Cash that was Left In This Property
$32,724.12

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$2,400.00
Less Monthly Cash-Out Flow:
Mortgage
$1,922.25
HOA Fee
$135.00
Land Tax Only
$40.29
Insurance
$66.67
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,214.21
Monthly Positive Cash Flow
$185.79
Monthly Principal Pay Down of Your Mortgage
$518.60
Total Monthly Rent Benefit
$704.39
  x 12 Months
Annual Net Rent Benefit
$8,452.73

Annual Rent to Cash-In Returns

$8,452.73 Annual Net Rent Benefit
$32,724.12 The Net Cash that was Left In This Property
 =25.8%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $8,452.73 Annual Net Rent Benefit) + $151,913.64 Equity Return at Resale
$32,724.12 The Net Cash that was Left In This Property
 =
593.4%
5 Years
 
= 118.7% Per Annum