BRIDGEVIEW #7

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Purchase Closed Date
04/15/2014
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
$19,568.67
Total Cost
$562,001.67
Built-In Equity Profit
$287,998.33

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
$29,504.30
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$141,000.00
Total Cash-In
$182,404.30

Less Cash Back Received at Refinance:
Total Cash Back
$141,000.00

The Net Cash that was Left In This Property
$41,404.30

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$3,600.00
Less Monthly Cash-Out Flow:
Mortgage
$2,224.77
HOA Fee
$135.00
Land Tax Only
$50.00
Insurance
$63.00
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,522.77
Monthly Positive Cash Flow
$1,077.23
Monthly Principal Pay Down of Your Mortgage
$536.58
Total Monthly Rent Benefit
$1,613.81
  x 12 Months
Annual Net Rent Benefit
$19,365.72

Annual Rent to Cash-In Returns

$19,365.72 Annual Net Rent Benefit
$41,404.30 The Net Cash that was Left In This Property
 =46.8%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $19,365.72 Annual Net Rent Benefit) + $287,998.33 Equity Return at Resale
$41,404.30 The Net Cash that was Left In This Property
 =
929.4%
5 Years
 
= 185.9% Per Annum