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314 Green Ln.

Purchase Closed Date
02/28/2012
Neighborhood
Manayunk
NRIA Complex
Manayunk Hills
Gross Usable Square Feet
2,100
Bedrooms
3
Bathrooms
3.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$525,000.00
Less Total Cost:
Land Purchase Price
$85,000.00
New Construction Fixed Price
$251,200.00
Closing & Project Management Fees
$18,345.66
Total Cost
$354,545.66
Built-In Equity Profit
$170,454.34

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
$19,547.50
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$85,000.00
Total Cash-In
$112,047.50

Less Cash Back Received at Refinance:
Total Cash Back
$85,109.70

The Net Cash that was Left In This Property
$26,937.80

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$2,950.00
Less Monthly Cash-Out Flow:
Mortgage
$1,971.73
HOA Fee
$135.00
Land Tax Only
$48.00
Insurance
$62.50
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,267.23
Monthly Positive Cash Flow
$682.77
Monthly Principal Pay Down of Your Mortgage
$493.66
Total Monthly Rent Benefit
$1,176.43
  x 12 Months
Annual Net Rent Benefit
$14,117.12

Annual Rent to Cash-In Returns

$14,117.12 Annual Net Rent Benefit
$26,937.80 The Net Cash that was Left In This Property
 =52.4%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $14,117.12 Annual Net Rent Benefit) + $170,454.34 Equity Return at Resale
$26,937.80 The Net Cash that was Left In This Property
 =
894.8%
5 Years
 
= 179.0% Per Annum