Page 4 - OPG Pitch - Leawood 2.5.16
P. 4
The Fairways of Ironhorse
PROJECT DETAILS
• Total Dev. Budget $24,291,017
• Construction Loan - $16,958,829
• Total Equity Ask - $4.67M (40% ownership)
• Land Purchase Price - $1.4M (OPG contribution) • NOI Years 3-5
• Sale of Project - 5th year after construction commencement. • Assumes a 7% Cap Rate
Guarantor - Return on Investment
• NPV - $3,809,277
• Total Cash Return: $5,097,605
Fees
• OPG Dev Fee - $650,731
