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919 N. 5th St. #21

Purchase Closed Date
11/10/2012
Neighborhood
Northern Liberties
NRIA Complex
Courtyard at 5th
Gross Usable Square Feet
1,801
Bedrooms
3
Bathrooms
2.5
Special Amenities
Numerous

Equity Return

This Home's Final Appraised Value
$625,000.00
Less Total Cost:
Land Purchase Price
$116,677.00
New Construction Fixed Price
$246,404.00
Closing & Project Management Fees
$20,246.24
Total Cost
$383,327.24
Built-In Equity Profit
$241,672.76

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
$27,842.08
Any Temporarily "Parked" Cash (Subsequently Returned At Refinance)
$0.00
Total Cash-In
$35,342.08

Less Cash Back Received at Refinance:
Total Cash Back
$1,419.91

The Net Cash that was Left In This Property
$33,922.17

Rent Benefits in Addition to Equity Return Above

Monthly Rental Cash-In Income
$2,400.00
Less Monthly Cash-Out Flow:
Mortgage
$1,622.11
HOA Fee
$135.00
Land Tax Only
$183.22
Insurance
$70.83
Property Management Fee
$50.00
Monthly Cash-Out Flow
$2,061.16
Monthly Positive Cash Flow
$338.84
Monthly Principal Pay Down of Your Mortgage
$406.12
Total Monthly Rent Benefit
$744.96
  x 12 Months
Annual Net Rent Benefit
$8,939.52

Annual Rent to Cash-In Returns

$8,939.52 Annual Net Rent Benefit
$33,922.17 The Net Cash that was Left In This Property
 =26.4%

5 Year Rent + Gross Equity Cash Out Return

(5 Years x $8,939.52 Annual Net Rent Benefit) + $241,676.76 Equity Return at Resale
$33,922.17 The Net Cash that was Left In This Property
 =
844.2%
5 Years
 
= 168.8% Per Annum