| Acquisition | |
|---|---|
| Price | $0 |
| -Loans | $0 |
| Down Payment | $0 |
| +Acq Costs | $0 |
| +Loan Points | $0 |
| Investment | $0 |
| Total Units | 120 |
| **APOD Projected is the (Jan 02 - Dec 02) cash flow (first 12 months). | |
| Ratios | |
|---|---|
| Capitalization Rate | -∞% |
| Gross Income Multiplier | 0.00 |
| Price/Unit | $0 |
| $/Unit | % of GI | Annual $ | |
|---|---|---|---|
| Gross Incomehide | |||
| Total Gross Income | $7,308.42 | 100.0% | $877,010 |
| Less: Vacancy & Unit Sale Cost | $438.58 | 6.0% | $52,630 |
| Effective Income | $6,869.92 | 94.0% | $824,390 |
| Less: Expenseshide | |||
| Land | $8,750.08 | 119.7% | $1,050,010 |
| Clearing & Grading | $495.25 | 6.8% | $59,430 |
| Paving | $997.18 | 13.6% | $119,662 |
| Curb & Gutter | $559.17 | 7.7% | $67,100 |
| Sanitary Sewer | $1,337.95 | 18.3% | $160,554 |
| Storm Sewer | $516.25 | 7.1% | $61,950 |
| Water | $541.72 | 7.4% | $65,006 |
| Entrance | $316.83 | 4.3% | $38,020 |
| Power & Street Lighting | $78.35 | 1.1% | $9,402 |
| Amenity | $2,376.25 | 32.5% | $285,150 |
| Contingency | $291.67 | 4.0% | $35,000 |
| Design | $312.50 | 4.3% | $37,500 |
| Layout | $212.93 | 2.9% | $25,551 |
| Taxes & Insurance | $91.67 | 1.3% | $11,000 |
| Legal & Closing | $108.33 | 1.5% | $13,000 |
| Appraisal | $41.67 | 0.6% | $5,000 |
| Marketing & Advertising | $213.30 | 2.9% | $25,596 |
| County Fees | $16.67 | 0.2% | $2,000 |
| Development Fees | $458.33 | 6.3% | $55,000 |
| Total Operating Expenses | $17,716.09 | 242.4% | $2,125,931 |
| Net Operating Income | ($10,846.09) | -148.4% | ($1,301,531) |