BRIDGEVIEW #10

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Purchase Closed Date
03/20/2014
Neighborhood
Penns Landing
NRIA Complex
Bridgeview
Gross Usable Square Feet
2,280
Bedrooms
3
Bathrooms
3.0
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$850,000.00
Less Total Cost:
Land Purchase Price
$168,443.00
New Construction Fixed Price
$373,990.00
Closing & Project Management Fees
$5,900.00
Total Cost
$548,333.00
Built-In Equity Profit
$301,667.00

DOWNLOADABLE DOCUMENTS:

View OurFEATURED PROPERTY

Net Cash-In Used

Cash-In Over 12 Months:
Historical NRIA Fee Deposit
$11,900.00
Construction Interest Paid on the Project
$0.00
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$548,333.00
Total Cash-In
$560,233.00

Less Cash Back Received at Refinance:
Total Cash Back
$560,232.00

The Net Cash that was Left In This Property
$1.00

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$3,600.00
Less Monthly Cash-Out Flow:
Mortgage
$2,893.19
HOA Fee
$135.00
Land Tax Only
$50.00
Insurance
$63.00
Property Management Fee
$50.00
Monthly Cash-Out Flow
$3,191.19
Monthly Positive Cash Flow
$408.81
Monthly Principal Pay Down of Your Mortgage
$697.80
Total Monthly Rent Benefit
$1,106.61
  x 12 Months
Annual Net Rent Benefit
$13,279.00

Annual Rent to Cash-In Returns

$13,279.00 Annual Net Rent Benefit
$1.00 The Net Cash that was Left In This Property
 =1,327,900.0%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $13,279.00 Annual Net Rent Benefit) + $301,667.00 Equity Return at Resale
$1.00 The Net Cash that was Left In This Property
 =
36,806,200.0%
5 Years
 
= 7,361,240.0% Per Annum