Income

Expenses (Table)

Mudhole Model

• Buying Power
  • Total Down Payment: 160K (23% of 700K - price of our favorite listing)
    • Seb: 40K
    • AWS: 50K
    • Sam: 50K
    • Lucy: 20K
• Mortgage Power (Based on 540K Loan at 7.8% interest, including insurance/taxes)
  • Total:
    • $5,000 / month
  • Per Person
    • $1,250 (Principal, Taxes, Insurance) + $300-580 (2-4% Maintenance Fund)
• Maintenance (2-4% / year)
  • Per Year: 14K - 28K
  • Per Month: 1.2K - 2.3K
  • Per Month, Per Person: 300-580

(4) Person Co-Op

• Income
  • Collective Income: (4) x $20K / Year = 80K
  • Donations: $10K
  • Grants: $50K
• Expenses
  • Mortgage:

Co-Ownership Model

• Note: add X number of Partners as group of Prime Movers expands

*Sweat Equity adjustable hourly rates (depending on identity) > Cash

One-Time

• Property Purchase (Commercial + 2 Bedroom): -$100K
  • Partner 1: $50K (Cash + Sweat Equity) = 50% Ownership = 1 vote + Residency
  • Partner 2: $50K (Cash + Sweat Equity) = 50% Ownership = 1 vote + Residency
• Build Out: $20K
  • Partner 1: $10K (Cash + Sweat Equity)
  • Partner 2: $10K (Cash + Sweat Equity)
• Equipment
  • Partner Purchase + Donation