Page 4 - OPG Three Page Pitch - Leawood - 3.31.16
P. 4
The Fairways of Ironhorse
PROJECT DETAILS
• Total Dev. Budget $24,539,273
• Construction Loan - $18,404,454
• Total Equity Ask - $4.75M (60% ownership)
• Land Purchase Price - $1.4M (OPG
contribution)
• Sale of Project - 5th year after construction
commencement.
• Assumes a 7% Cap Rate
Return on Investment
• NPV - $4,460,712
• Total Cash Return: $7,086,665
Fees
• OPG Dev Fee - $654,718
