All Topics / General Property / Case Study Answers

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of gazman1976gazman1976
    Join Date: 2006
    Post Count: 7

    I am not good at crunching numbers but I just had a few questions about the Ringwood case study answers that I hope someone could shed some light on.
    In solution one shouldn’t the interest be $83200 (not $72800), this would make the cash out $100254.37, the cash flow would then be -$35192 & the CoCR -9.9%?
    In solution two (a) the second half of the years interest should be $10600 (total interest for the year of $52200) giving a CoCR of -5.44%?
    In solution two (b) the minimum loan amount is paid ($520000 not $775000) which gives a CoCR of 63.52%?
    Solution three looks good.
    I am not nit picking but I just want to make sure I haven’t misunderstood the examples.

    Profile photo of James and MichelleJames and Michelle
    Join Date: 2006
    Post Count: 13

    Hi Gazman, i too checked my figures and have similar results but i, still new to crunching too, thought i was wrong….
    Maybe someone with more experience could clarify as i would love to know where i went wrong

    Cheers, James


    Profile photo of js2js2
    Join Date: 2003
    Post Count: 758

    I identified this error yesterday.

    I have thoroughly gone over the numbers. And can see that there have been an error made in the answers template sent out!

    The interest only was calculated at 7% but it was written in the template answers that it was done at 8%.

    This through the answers out right the way thru, ‘a good ten grand’
    it should have been 83200 and it was 72800.

    Interested in Joint Venture Reno Projects

    Profile photo of aliandmikealiandmike
    Join Date: 2006
    Post Count: 34

    I’m glad others found the errors and the courage to ask if the “guru” could be wrong. I agree with the errors found by Gazman and would like to point out something i found in the third solution. the sale proceeds seem to have the sale cost taken out already and the rent has not been calculated at 92% occupancy like the other.

    I worked out the CoCR to be 136.94% for this one. Does anyone else agree?


    Profile photo of JarrahJarrah
    Join Date: 2005
    Post Count: 99


    Jaffasoft, I wonder if this information you have will affect the prospects of the latest R.E.S.U.L.T.S Mentoring Program.

    Thank the Lord we are able to offer an alternative “S.O.L.U.T.I.O.N.S Mentoring Groups!” for those left a little dismayed at the huge wheel churning here…

    So, for all you who have missed out on the latest R.E.S.U.L.T.S Mentoring Program intake or who couldn’t afford it or were a little too disillusioned by it all, come and be a part of your own mentoring support group being formulated by a few of us in the same boat…

    “S.O.L.U.T.I.O.N.S Mentoring Groups!” will be posted on a new thread in the next few hours and it is aimed at those left behind or those who can’t afford it or those who weren’t informed or those just bewildered by the whole process, if you slide on over to and stick your name in the right spot we can all help each other and circumnavigate the trough…

    “ask and you shall recieve”

    Sincerely, Jarrah

    (your not hunting if your not hungry)

    [email protected]
    Climbing & Consulting
    Arboricultural Services
    “be ye angels?”,
    “nay we are but MEN!”

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.