Page 5 - OPG Pitch - Leawood 50% - 3.3.16
P. 5
The Fairways of Ironhorse
PROJECT DETAILS
• Total Dev. Budget $23,839,619
• Construction Loan - $17,157,991
• Total Equity Ask - $4.55M (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 - $3,950,250 • OPG Dev Fee - $641,846 • Total Cash Return: $6,354,233
