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HomeMy WebLinkAboutSources Uses Of FundsRP II Sources Uses of Funds Revised Total Cost CITY OF MIAMI CITY OF MIAMI CITY OF MIAMI DADE COUNTY Private Bank HOME CDBG SHIP SURTAX EUROBANK Developers Cost Land Acquisition $ 240,000 $ - $ 240,000 Soft Cost Pre -development Costs 575,000 575,000 Construction Cost 3,841,511 841,511 500,000 1,000,000 1,500,000 Grand Total $ 4,656,511 $ 841,511 $ 815,000 $ 500,000 $ 1,000,000 $ 1,500,000 Cost per unit $ 155,217.03 per unit Sales Price Price Units Revenue $ 145,000.00 9 $ 1,305,000 135,000.00 2 270,000 125,000.00 19 2,375,000 $ 3,950,000 C:1Documents and Settings\jfigueras.ABDA\My Documents\Ralph Plaza II Sources and Uses revised .5.17.06 (2) 5/18/2006 2:49 PM