HOSPITALITY / RESIDENTIAL / GOLF COURSE DEVELOPMENT PROJECT QUEENSLAND AUSTRALIA
$13,500,000 EQUITY INVESTMENT
$38,000,000 PROJECT COST
$31,000,000 FUNDING REQUEST
$52,000,000 PROJECTED FUTURE VALUE
$8,320,815 Construction Costs
$644,075 Architecture & Engineering
$462,089 Golf Club House
$781,463 Soft Costs
$3,207,118 Furniture, Fixtures and Equipment
$4,280,770 Civil Works
=
$17,696,330 Construction Cost
+
$19,944,683 Land Acquisition
=
''$37,641,013 Projected Cost''
-
''$13,475,483 Equity Investment''
=
$24,165,530
+
$1,834,470 Interest & Fees
=
$26,000,000
+
$5,000,000 Contingency
=
''$31,000,000 Loan Request''
''$52,334.211.00 Completed Projected Future Value: Residential Villas + 40 Life Style Allotments''
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Terms:
30 Year Fix
No Pre-Penalty
2% (LIBOR) Interest Rate
24 Months Construction Duration
24 Months Deferred Principal + Interest Re-Payment
1St Re-Payment @ 25Th Month
No Advance Fees of Any Kind None
No Insurance Purchase None
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Requirements:
Proof of Funds
Non-Circumventable Non-Disclosure Signed Agreement
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