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At Worst Fall
Back Position #3 |
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Total
Financing |
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$
13,800,000 |
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Number of
Homes |
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330 |
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----------------- |
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Cost
per Home: |
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$
41,818.18 |
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Monthly Rent Revenue per
home: |
$
500 |
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Annual Rent Revenue Per
Home |
$
6,000 |
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Annual Rent Revenue - 330
Homes |
$
1,980,000 |
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Annual Rent on Trades
Areas |
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$
- |
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/ Total
Financing |
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$
13,800,000 |
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-------------------------- |
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Return On Investment from
Renting: |
14% |
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Note
1: |
This
does not include tax incentives for |
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Low Income
Rental Property. |
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Note
2: |
This
still leaves 75% of land available for development
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with no cost associated with that
land. |
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