Case Studies
Previous
property detail page
Next

412 N. Front St. #9

Neighborhood
Northern Liberties
NRIA Complex
412 Luxe
Gross Usable Square Feet
1,920
Bedrooms
3
Bathrooms
2.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$630,000.00
Less Total Cost:
Land Purchase Price
$123,500.00
New Construction Fixed Price
$254,500.00
Closing & Project Management Fees
$21,764.65
Total Cost
$399,764.65
Built-In Equity Profit
$230,235.35

DOWNLOADABLE DOCUMENTS:

View OurFEATURED PROPERTY

Net Cash-In Used

Cash-In Over 12 Months:
Historical NRIA Fee Deposit
$7,500.00
Construction Interest Paid on the Project
$27,993.00
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$ 0.00
Total Cash-In
$35,493.00

Less Cash Back Received at Refinance:
Total Cash Back
$549.17

The Net Cash that was Left In This Property
$34,943.83

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$2,500.00
Less Monthly Cash-Out Flow:
Mortgage
$2,214.39
HOA Fee
$135.00
Land Tax Only
$16.16
Insurance
$70.83
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,486.38
Monthly Positive Cash Flow
$13.62
Monthly Principal Pay Down of Your Mortgage
$495.64
Total Monthly Rent Benefit
$509.26
  x 12 Months
Annual Net Rent Benefit
$6,111.12

Annual Rent to Cash-In Returns

$6,111.12 Annual Net Rent Benefit
$34,943.83 The Net Cash that was Left In This Property
 =17.5%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $6,111.12 Annual Net Rent Benefit) + $230,235.35 Equity Return at Resale
$34,943.83 The Net Cash that was Left In This Property
 =
746.3%
5 Years
 
= 149.3% Per Annum