11211 Tyne
Regulation Crowdfunding
0%
Funded

Target: $500,000

Investors: 0

Raised: 0%

Days To Go: N/A

Start date: October 10, 2019
End date: November 28, 2019

ROI: 27.11% ,   Annualized ROI: 11.25%,    $500k-1m Investment for up to 25% of the Membership Interests.    Investment Length:  2.25 years

Offering at a Glance:

Please register to join us in an online webinar about the project each Wednesday at 6:00pm central time. https://bit.ly/2OYM6zi  


The Company is purchasing the lot for $1,625,000. We project the construction cost to be $2,572,500, for a total purchase and construction cost of $4,197,500. Based on sales comparables, we project the home will sell for $6,200,000 generating a projected gross profit of $1,084,319. Here are the numbers:


Projected Sale Price                     $6,200,000 

Lot Purchase Price                       $1,625,000 

Projected Construction Costs     $2,572,500 

Purchase Closing Costs                    $32,500 

Projected Holding Costs                 $143,830 

Projected Financing Costs              $331,382 

Projected Realtor Commissions     $310,000 

Projected Sale Closing Costs            $43,400 

Projected Staff Profit Sharing           $57,069 

Projected Gross Profit                  $1,084,319 

Refined Custom Builders, LLC         65% $704,807 

Equity Partners                                 10% $108,432 

Crowdfund Partners via EquityDoor 25% $271,080 

Overview

 

Use of Proceeds

Funds Raised @ Target

Funds Raised @ Minimum

Total Raise

$1,000,000

$500,000

Total Costs

$4,705,212

$4,705,212

CF Commission

$30,000

$15,000

Equity Ownership

 

 

Refined Custom Builders, LLC

65.00%

77.50%

Equity Partners

10.00%

10.00%

Crowdfund Investor Ownership via EquityDoor

25.00%

12.50%