City of Amsterdam Tax Rate User Fees Avg # of Units Number of Homes Avg Price Per home Total Taxable Value City Income - Property Tax + Fees Eminent Domain Buyout Demolition Cost ($12k/home) City Contribution To Demo (75%) City Expenses for Demo Construction Cost New / SQFT Avg SQFT New Construction Average New Home Value City Cash Flows City Desired IRR City NPV of Revenue
Investor IRR Value of Home
13.89 769 2 17 27803 472651 32711.12239 378120.8 204000 153000 531120.8 80 1500 120000
0.5 0.5 0.5 0.5 0.5 0.6 0.7 0.8 0.9 1 1 1 1 1 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 -32711.1 40313.8 40313.8 40313.8 40313.8 40313.8 43147.36 45980.92 48814.48 51648.04 54481.6
5% $291,886.54
6% 120000
$127,200
$134,832
$142,922
$151,497
$160,587
$170,222
$180,436
$191,262
$202,737