Parcel ID

XX049 003

56 Acres

Parcel ID

XX049 002

131 Acres Total

131 Acres X 43,560 = 5,706,360 Sq. Ft.

4,565,088 Sq. Ft. (80%) PUD

3,195,561.6 Sq. Ft. (70%) Infrastructure

Divided by 14,520 Sq. Ft. (1/3 Acre) = 220 Lots

220 Lots X $25,000.00 Per Lot = $5,500,000.00 Sales Price

$5,500,000.00 Divided by 2 = $2,750,000.00 Buy Price 

($20,992.00 Per Acre) 

Plus $250,000.00 Entitlements = $3,000,000.00 All In

$5,500,000.00 - $3,000,000.00 = $2,500,000.00 Profit Divided by 2 = $1,250,000.00 (42% ROI for Eric)

$1,250,000.00 X 40% = $500,000.00

$1,250,000.00 X 60% = $750,000.00