Page 4 - OPG Pitch - Leawood 50% - 2.8.16
P. 4
The Fairways of Ironhorse
PROJECT DETAILS
• Total Dev. Budget $24,291,017
• Construction Loan - $16,958,829
• Total Equity Ask - $4.67M (50% 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
Return on Investment Fees
• NPV - $3,068,606 • OPG Dev Fee - $650,731 • Total Cash Return: $5,217,230
