7 S. BANK ST.

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Purchase Closed Date
06/26/2013
Neighborhood
Center City
NRIA Complex
Bank Street
Gross Usable Square Feet
2,142
Bedrooms
3
Bathrooms
3.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$960,000.00
Less Total Cost:
Land Purchase Price
$198,750.00
New Construction Fixed Price
$314,813.00
Closing & Project Management Fees
$6,065.41
Total Cost
$519,628.41
Built-In Equity Profit
$440,371.59

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
$0.00
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$519,628.41
Total Cash-In
$527,128.41

Less Cash Back Received at Refinance:
Total Cash Back
$527,127.41

The Net Cash that was Left In This Property
$1.00

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$3,250.00
Less Monthly Cash-Out Flow:
Mortgage
$2,143.96
HOA Fee
$0.00
Land Tax Only
$146.00
Insurance
$67.00
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,406.96
Monthly Positive Cash Flow
$843.04
Monthly Principal Pay Down of Your Mortgage
$536.77
Total Monthly Rent Benefit
$1,379.81
  x 12 Months
Annual Net Rent Benefit
$16,557.00

Annual Rent to Cash-In Returns

$16,557.00 Annual Net Rent Benefit
$1.00 The Net Cash that was Left In This Property
 =1,655,700.0%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $16,557.00 Annual Net Rent Benefit) + $440,371.00 Equity Return at Resale
$1.00 The Net Cash that was Left In This Property
 =
52,315,600.0%
5 Years
 
= 10,463,120.0% Per Annum