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907 N. Randolph St.

Purchase Closed Date
04/12/2013
Neighborhood
Northern Liberties
NRIA Complex
North Randolph
Gross Usable Square Feet
2,288
Bedrooms
3
Bathrooms
3.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$ 625,000.00
Less Total Cost:
Land Purchase Price
$ 120,000.00
New Construction Fixed Price
$ 267,743.00
Closing & Project Management Fees
$ 3,175.00
Total Cost
$ 390,918.00
Built-In Equity Profit
$234,082.00

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
$ 27,632.08
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$ 591.61
Total Cash-In
$ 35,723.69

Less Cash Back Received at Refinance:
Total Cash Back
$ 22.53

The Net Cash that was Left In This Property
$ 35,701.16

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$ 2,950.00
Less Monthly Cash-Out Flow:
Mortgage
$ 2,102.00
HOA Fee
$ 0.00
Land Tax Only
$ 81.00
Insurance
$ 63.00
Property Management Fee
$ 50.00
Monthly Cash-Out Flow
$ 2,296.00
Monthly Positive Cash Flow
$ 654.00
Monthly Principal Pay Down of Your Mortgage
$ 1,088.00
Total Monthly Rent Benefit
$ 1,742.00
  x 12 Months
Annual Net Rent Benefit
$ 20,904.00

Annual Rent to Cash-In Returns

$ 20,904.00 Annual Net Rent Benefit
$ 35,701.16 The Net Cash that was Left In This Property
 =59.0%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $ 20,904.00 Annual Net Rent Benefit) + $ 234,082.00 Equity Return at Resale
$ 35,701.16 The Net Cash that was Left In This Property
 =
949.0%
5 Years
 
= 189.8% Per Annum