AMERIFIRST CAPITAL GROUP, LLC
PRESENTS AMERICAN COMMERCE CENTER - CASH FLOW ANALYSIS
| BANK ANALYSIS | |||
| Cap Rate |
8.5%
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| Appraised Value Based on Cash Flow |
2,832,526
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| Appraised Value PSF |
75.53
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| Loan to Value |
80%
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| Maximum Loan Amount Based on Appraisal |
2,266,021
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| Loan Amount PSF |
60.43
|
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| Equity based on the loan to value |
566,505
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| Equity to Value |
20%
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| Number of periods |
20
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| Interest rate |
7.00%
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| Loan Amount |
2,266,021
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||
| Monthly Payment |
17,568
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| Annual Payment |
210,821
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| Debt Coverage Ratio |
1.14
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| CASH FLOW ANALYSIS | |||
| Completed Building Costs |
2,461,735
|
||
| Loan Amount |
2,266,021
|
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| Balance of equity after construction |
195,714
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||
| Net Operating Income |
240,765
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| Annual Payment |
210,821
|
||
| Cash Flow |
29,943
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| RETURN ON EQUITY with leverage | |||
| Equity |
195,714
|
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| Cash Flow |
29,943
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||
| Return on Equity |
15%
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| RETURN ON EQUITY without leverage | |||
| Net operating income / Total Completed Building Cost |
10%
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| BREAK-EVEN ANALYSIS based on occupancy | |||
| Total Expenses + Debt Service/ Gross Income |
69%
|
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| BREAK-EVEN ANALYSIS based on rent per square foot | |||
| Total Expenses + Debt Service / Total Square Feet |
5.89
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| LAND COST PSF OF BUILDING | |||
| Total land cost / building square feet |
9.18
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| FLOOR AREA RATIO | |||
| Building square feet / Total land area |
27%
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