Laserfiche WebLink
<br /> Cottonwood Park Lydia Morgan <br />Units 30 30 <br />Square Feet 28,974 0 <br />Feet/Unit 966 0 <br /> $ $/Unit $/Foot $ $/Unit $/Foot <br />Land Costs: $1,350,000 $45,000 $47 $76,851 $2,562 $3 <br />Construction Costs: <br />Building Shell <br />Fun itu re,Fixtu res,Equ ip. <br />Tenant Improvements <br />Permits, Fees <br />Construction Contingency(2%) <br />Sub-total Construction $2,362,950 $78,765 $82 <br />Soft Costs: <br />Architectural, Engineering $179,434 <br />Contractor's Overhead & Profit $590,738 <br />I nspectio ns,Appraisal <br />Closing Costs, Title <br />Accounting & Legal <br />Financing Fees <br />Insurance, Miscellaneous <br />Sub-total: Construction and Financing Soft Costs $770,172 <br />Pre-Opening Marketing Costs $0 <br />Developer's Fee & Overhead $0 <br />Interest During Construction $0 <br />Subtotal: Pre-Opening and Start-Up Operating Costs $0 <br />Total for Lydia Morgan $2,721,332 $90,711 $94 <br />Total $4,483,122 $149,437 $155 $2,798,183 $93,273 $97 <br />Equity 10% <br /> $448,312 <br />Amount Financed 90% <br /> $4,034,810 <br />Monthlv Debt Service <br />Interest Rate 7% <br />Ammortization (years) 40 <br />Payment {$:t.i.i1G73.S"i} (~~83S. 7'l) <br />Start-Up Operating Deficit <br /> <br />8 <br />