Professional Documents
Culture Documents
Pro
Forma
Fund
Usage
$350,000
$650,000
$236,250
$148,350
$30,000
$1,414,600
$69,806
$18,379
$3,000
$30,000
$15,000
$220,549
$356,734
Overrun allowance
$265,700
Assumptions
Leasehold
Improvements
Sales
Floor
square
footage
Equipment
psf
Inventory
psf
Professional
fees
Construction
management
fee
Pre-opening
staffing
-
full
cohort
Pre-opening
staffing
-
general
manager
Start
Up
Promotion
Start
up
Capital
Interest
rate
on
Owner
loans
%
borrowed
before
opening
Months
capital
borrowed
before
opening
Operating
capital
Other
costs
in
lead
up
to
construction
Overrun
estimate
Membership
Fee
Number
of
members
Number
of
indiv
loans
Avg
size
of
indiv
loan
$2,037,034
$537,034
$1,500,000
$10,000
$3,675,824
Equity
Memberships
Grassroots
Fundraising
Grants
from
local
&
regional
foundations
City
of
GSO
Econ
Dev't
Grant
Federal
grants
(USDA,
SBA,
Block
grants)
Total
Equity
$100,000
$17,034
$120,000
$100,000
$200,000
$537,034
$100,000
$100,000
$200,000
Government
loans
City
of
GSO
Econ
Dev't
Loan
(0%,
15
years)
Total
Government
Loans
$600,000
$600,000
Commercial
Loans
Self
Help
($700,000
@
4.08%)
Total
Commercial
Loans
$700,000
$700,000
TOTAL BORROWED
$1,500,000
Notes
$35
$1
$65
$35
$0
$30,000
$1
$6
$0
$0
$0
$1
$6
$0
$15,000
$0
$100
$1,000
$100
$3,000
Amount
Of
year
1
sales
Of
start
up
costs
Data
Source
S
Reid/vanilla
box
S
Reid
S
Reid
S
Reid
S
Reid
S
Reid
S
Reid
S
Reid
S
Reid
S
Reid
Calculated
S
Reid
S
Reid
S
Reid
S
Reid
renaissancecoop.com
Month
of
Start-up
Month
of
Operation
Month
Name
Number
of
Weeks
Revenue
Schedule
Sales
Gross
Sales
1
June
4.29
2
July
4.43
3
August
4.43
4
September
4.29
5
October
4.43
6
November
4.29
7
December
4.43
8
January
4.43
9
February
4.00
10
March
4.43
11
April
4.29
12
May
4.43
Annual
52.14
$
197,802 $
238,462 $
272,527 $
296,703 $
340,659 $
329,670 $
340,659 $
340,659 $
307,692 $
340,659 $
329,670 $
340,659 $
3,675,824
$
197,802 $
238,462 $
272,527 $
296,703 $
340,659 $
329,670 $
340,659 $
340,659 $
307,692 $
340,659 $
329,670 $
340,659 $
3,675,824
Total
Cost
of
Food/Products $
138,462 $
166,923
$
190,769
$
207,692
$
238,462
$
230,769
$
238,462
$
238,462
$
215,385
$
238,462
$
230,769
$
238,462
$
2,573,077
Labor
Production
Staff
Production
Materials
Bags
Pricing
labels
Supplies
-
cleaning,
etc
$
35,096 $
36,266 $
36,266 $
35,096 $
36,266 $
35,096 $
36,266 $
36,266 $
32,756 $
36,266 $
35,096 $
36,266 $
426,998
Total
Labor
Cost $
35,096 $
36,266 $
36,266 $
35,096 $
36,266 $
35,096 $
36,266 $
36,266 $
32,756 $
36,266 $
35,096 $
36,266 $
426,998
$
198
$
99
$
198
Total
Production
Materials $
495
Variable
Costs
Prod.
-
Insurance
-
Workers'
Comp
Prod.
-
Employee
Health
Benefits
Prod.
-
Payroll
Taxes--Prodn
Wages
Credit
Card
Fees
Repair
and
Maintenance
Other
Total
Other
Production
Expenses
Total
Cost
of
Goods
Sold
General
&
Admin
Wages
Administrative
Employees
$
273
$
136
$
273
$
681
$
297
$
148
$
297
$
742
$
341
$
170
$
341
$
852
$
330
$
165
$
330
$
824
$
341
$
170
$
341
$
852
$
341
$
170
$
341
$
852
$
308
$
154
$
308
$
769
$
341
$
170
$
341
$
852
$
330
$
165
$
330
$
824
$
341
$
170
$
341
$
852
$
3,676
$
1,838
$
3,676
$
9,190
$
2,176
$
5,667
$
3,862
$
3,055
$
238
$
477
$
15,475
$
219,260
$
2,176
$
5,667
$
3,862
$
3,491
$
273
$
545
$
16,014
$
243,730
$
2,106
$
5,667
$
3,738
$
3,801
$
297
$
593
$
16,201
$
259,731
$
2,176
$
5,667
$
3,862
$
4,364
$
341
$
681
$
17,091
$
292,669
$
2,106
$
5,667
$
3,738
$
4,223
$
330
$
659
$
16,722
$
283,411
$
2,176
$
5,667
$
3,862
$
4,364
$
341
$
681
$
17,091
$
292,669
$
2,176
$
5,667
$
3,862
$
4,364
$
341
$
681
$
17,091
$
292,669
$
1,965
$
5,667
$
3,489
$
3,942
$
308
$
615
$
15,985
$
264,895
$
2,176
$
5,667
$
3,862
$
4,364
$
341
$
681
$
17,091
$
292,669
$
2,106
$
5,667
$
3,738
$
4,223
$
330
$
659
$
16,722
$
283,411
$
2,176
$
5,667
$
3,862
$
4,364
$
341
$
681
$
17,091
$
292,669
$
25,620
$
68,000
$
45,475
$
47,087
$
3,676
$
7,352
$
197,210
$
3,206,474
$
10,371 $
10,717 $
10,717 $
10,371 $
10,717 $
10,371 $
10,717 $
10,717 $
9,680 $
10,717 $
10,371 $
10,717 $
126,186
Total
G
&
A
Wages $
10,371 $
10,717 $
10,717 $
10,371 $
10,717 $
10,371 $
10,717 $
10,717 $
9,680 $
10,717 $
10,371 $
10,717 $
126,186
$
2,106
$
5,667
$
3,738
$
2,534
$
198
$
396
$
14,637
$
188,689
$
238
$
119
$
238
$
596
$
1,105
$
104
$
667
$
800
$
1,500
$
80
$
100
$
100
$
200
$
250
$
2,880
$
9,940
$
500
$
120
$
400
$
275
$
100
$
250
$
25
$
2,631
$
200
$
22,225
$
32,597
$
1,141
$
107
$
667
$
800
$
2,000
$
80
$
100
$
100
$
200
$
250
$
2,855
$
9,940
$
500
$
120
$
400
$
275
$
100
$
250
$
25
$
3,172
$
200
$
23,282
$
33,999
$
1,141
$
107
$
667
$
800
$
2,500
$
80
$
100
$
100
$
200
$
250
$
2,831
$
9,940
$
500
$
120
$
400
$
275
$
100
$
250
$
25
$
3,625
$
200
$
24,210
$
34,927
$
1,105
$
104
$
667
$
800
$
2,500
$
80
$
100
$
100
$
200
$
250
$
2,806
$
9,940
$
1,418
$
120
$
400
$
275
$
100
$
250
$
25
$
3,946
$
200
$
25,384
$
35,756
$
1,141
$
107
$
667
$
800
$
2,000
$
80
$
100
$
100
$
200
$
250
$
2,781
$
9,940
$
1,418
$
120
$
400
$
275
$
100
$
250
$
25
$
4,531
$
200
$
25,485
$
36,202
$
1,105
$
104
$
667
$
800
$
1,000
$
80
$
100
$
100
$
200
$
250
$
2,757
$
9,940
$
1,418
$
120
$
400
$
275
$
100
$
250
$
25
$
4,385
$
200
$
24,273
$
34,645
$
1,141
$
107
$
667
$
800
$
1,500
$
80
$
100
$
100
$
200
$
250
$
2,732
$
9,940
$
1,934
$
120
$
400
$
275
$
100
$
250
$
25
$
4,531
$
200
$
25,451
$
36,168
$
1,141
$
107
$
667
$
800
$
1,500
$
80
$
100
$
100
$
200
$
250
$
2,707
$
9,940
$
1,934
$
120
$
400
$
275
$
100
$
250
$
25
$
4,531
$
200
$
25,426
$
36,143
$
1,031
$
97
$
667
$
800
$
1,500
$
80
$
100
$
100
$
200
$
250
$
2,681
$
9,940
$
1,934
$
120
$
400
$
275
$
100
$
250
$
25
$
4,092
$
200
$
24,842
$
34,522
$
1,141
$
107
$
667
$
800
$
1,000
$
80
$
100
$
100
$
200
$
250
$
2,656
$
9,940
$
1,978
$
120
$
400
$
275
$
100
$
250
$
25
$
4,531
$
200
$
24,920
$
35,637
$
1,105
$
104
$
667
$
800
$
1,000
$
80
$
100
$
100
$
200
$
250
$
2,631
$
9,940
$
1,978
$
120
$
400
$
275
$
100
$
250
$
25
$
4,385
$
200
$
24,708
$
35,080
$
1,141
$
107
$
667
$
800
$
1,000
$
80
$
100
$
100
$
200
$
250
$
2,606
$
9,940
$
1,978
$
120
$
400
$
275
$
100
$
250
$
25
$
4,531
$
200
$
24,869
$
35,586
$
13,439
$
1,262
$
8,000
$
9,600
$
19,000
$
960
$
1,200
$
1,200
$
250
$
3,000
$
32,923
$
119,275
$
17,489
$
1,440
$
4,800
$
3,300
$
1,200
$
3,000
$
300
$
48,888
$
2,400
$
295,076
$
421,261
renaissancecoop.com
Month
of
Start-up
Month
of
Operation
Month
Name
Number
of
Weeks
1
June
4.29
2
July
4.43
3
August
4.43
4
September
4.29
5
October
4.43
6
November
4.29
7
December
4.43
8
January
4.43
9
February
4.00
10
March
4.43
11
April
4.29
12
May
4.43
Annual
52.14
Assumptions
Cost
of
goods
sold
Payroll
Taxes
Workers
Compenstation
(Risky)
Workers
Compenstation
(Non-Risky)
Employee
health
benefits
credit
card
fee
rate
%
of
credit
card
usage
Sales
Tax
Building
Depreciation
Equipment
Depreciation
Income
Tax
marketing
costs
Bags
Pricing
labels
Cleaning
supplies
Repair
&
maintenance
Other
Electric
HVAC
Pest
Control
Trash
Removal
Telephone
Water
&
Sewer
Insurance--Inclusive
Rent
first
quarter
of
operations
Variable
rent
rate
for
later
quarters
Cap
on
rent
Accounting
Computer/Internet/Website
Expense
Legal
Expenses
Membership
fees
Office
Expense
Other
G&A
Payroll
Fees
$
28,853
70%
10.65%
0.06
0.01
$
4,000
0.03
0.4
0.0675
20
7
0.4
1.33%
0.1%
0.05%
0.1%
0.1%
0.2%
$
800
$
80
$
100
$
100
$
200
$
250
$
500
0.6%
$
2,000
$
120
$
275
$
100
$
250
$
25
$
200
$
400
Of wages
Per FT employee/year
Years
Years
Of
sales
Of
sales
Of
sales
Of
sales
Of
sales
Of
sales
Per
month
Variable
by
season
Per
month
Per
month
Per
month
Per
month
Per
month
Per
month
Of
prev
QTR
sales
Per
month
Per
month
Per
month
Per
month
Per
month
Per
month
Per
month
Per
month
renaissancecoop.com
Year
of
Start-up
1
Revenue
Schedule
Sales
$
3,675,824
$
3,933,132
$
4,208,451
Total
Gross
Sales $
3,675,824
$
3,933,132
$
4,208,451
$
2,573,077
$
2,753,192
$
2,945,916
Production
Materials
Bags
Pricing
labels
Supplies
-
cleaning,
etc
Total
Production
Materials
$
3,676
$
1,838
$
3,676
$
9,190
$
3,749
$
1,875
$
3,749
$
9,373
$
3,824
$
1,912
$
3,824
$
9,561
Variable
Costs
Prod.
-
Insurance
-
Workers'
Comp
Prod.
-
Employee
Benefits
Prod.
-
Payroll
Taxes--Prodn
Wages
Credit
Card
Fees
Repair
and
Maintenance
Other
Total
Variable
Costs
$
25,620
$
68,000
$
45,475
$
47,087
$
3,676
$
7,352
$
197,210
$
26,901
$
71,400
$
47,749
$
50,383
$
3,749
$
7,499
$
207,681
$
28,246
$
74,970
$
50,136
$
53,910
$
3,824
$
7,649
$
218,736
$
3,206,474
$
3,418,595
$
3,644,977
$
13,439
$
1,262
$
8,000
$
9,600
$
19,000
$
960
$
1,200
$
1,200
$
13,842
$
1,300
$
8,240
$
9,792
$
19,380
$
979
$
1,224
$
1,224
$
14,257
$
1,339
$
8,487
$
9,988
$
19,768
$
999
$
1,248
$
1,248
renaissancecoop.com
Year
of
Start-up
Revenue
Schedule
Water
&
Sewer
Insurance
-
Inclusive
Interest
on
Debt
Depreciation
Rent
Accounting
Payroll
Fees
Computer/Internet/Website
Expense
Legal
Expenses
Membership
Fees
Office
Expense
Marketing--Ads,
etc.
Other
G&A
Total
G&A--Other
Than
Wages
Total
Gen
and
Admin
$
250
$
3,000
$
32,923
$
119,275
$
17,489
$
1,440
$
4,800
$
3,300
$
1,200
$
3,000
$
300
$
48,888
$
2,400
$
292,926
$
419,111
$
255
$
3,060
$
29,256
$
119,275
$
24,000
$
1,469
$
5,040
$
3,366
$
1,224
$
3,150
$
306
$
49,866
$
2,448
$
298,695
$
428,667
$
260
$
3,121
$
25,437
$
119,275
$
24,480
$
1,498
$
5,292
$
3,433
$
1,248
$
3,308
$
312
$
50,864
$
2,497
$
298,359
$
432,230
70%
2%
5%
3%
7%
renaissancecoop.com
Month
of
Start-up
1
2
3
4
5
6
7
8
9
10
11
12
$
220,549 $
198,125 $
184,362 $
179,242 $
181,444 $
194,193 $
206,742 $
219,474 $
232,206 $
241,342 $
254,530 $
266,520
Starting
Cash
Sources
Cash
Sales
Rental
Income
Short-term
Loan
Proceeds
Long-Term
Loan
Proceeds
Equity
Capital
Proceeds
$
197,802
$
-
$
-
$
-
$
-
Total
Souces $
197,802
Uses
Payroll
&
Related
Cost
of
Food/Products
Sold
Production
Materials
Other
Production
Expenses
Insurance
Rent
Other
G&A
Interest
Purchase
Depreciable
Assets
Purchase
Non-Depr.
Assets
Dividends,
Owner
Pay-outs
Debt
Principle
Payments
Total
Uses
Before
Taxes
$
58,852
$
138,462
$
495
$
3,127
$
250
$
500
$
6,781
$
2,880
$
-
$
-
$
-
$
8,881
$
220,227
Average
$
238,462
$
-
$
-
$
-
$
-
$
238,462
$
272,527
$
-
$
-
$
-
$
-
$
272,527
$
296,703
$
-
$
-
$
-
$
-
$
296,703
$
340,659
$
-
$
-
$
-
$
-
$
340,659
$
329,670
$
-
$
-
$
-
$
-
$
329,670
$
340,659
$
-
$
-
$
-
$
-
$
340,659
$
340,659
$
-
$
-
$
-
$
-
$
340,659
$
307,692
$
-
$
-
$
-
$
-
$
307,692
$
340,659
$
-
$
-
$
-
$
-
$
340,659
$
329,670
$
-
$
-
$
-
$
-
$
329,670
$
340,659
$
-
$
-
$
-
$
-
$
340,659
$
60,603
$
166,923
$
596
$
3,770
$
250
$
500
$
7,822
$
2,855
$
-
$
-
$
-
$
8,905
$
252,224
$
60,603
$
190,769
$
681
$
4,309
$
250
$
500
$
8,775
$
2,831
$
-
$
-
$
-
$
8,930
$
277,647
$
58,852
$
207,692
$
742
$
4,691
$
250
$
1,418
$
9,096
$
2,806
$
-
$
-
$
-
$
8,954
$
294,502
$
60,603
$
238,462
$
852
$
5,386
$
250
$
1,418
$
9,181
$
2,781
$
-
$
-
$
-
$
8,979
$
327,911
$
58,852
$
230,769
$
824
$
5,212
$
250
$
1,418
$
8,035
$
2,757
$
-
$
-
$
-
$
9,004
$
317,121
$
60,603
$
238,462
$
852
$
5,386
$
250
$
1,934
$
8,681
$
2,732
$
-
$
-
$
-
$
9,029
$
327,927
$
60,603
$
238,462
$
852
$
5,386
$
250
$
1,934
$
8,681
$
2,707
$
-
$
-
$
-
$
9,054
$
327,927
$
55,351
$
215,385
$
769
$
4,865
$
250
$
1,934
$
8,242
$
2,681
$
-
$
-
$
-
$
9,079
$
298,556
$
60,603
$
238,462
$
852
$
5,386
$
250
$
1,978
$
8,181
$
2,656
$
-
$
-
$
-
$
9,104
$
327,471
$
58,852
$
230,769
$
824
$
5,212
$
250
$
1,978
$
8,035
$
2,631
$
-
$
-
$
-
$
9,130
$
317,681
$
60,603
$
238,462
$
852
$
5,386
$
250
$
1,978
$
8,181
$
2,606 $
2,744
$
-
$
-
$
-
$
9,155 $
9,017
$
327,471
$
(10,664)
$
(2,002) $
6,641 $
13,962 $
24,509 $
24,310 $
24,493 $
24,493 $
20,897 $
24,949 $
23,750 $
5,713 $
15,088
-0.91
-0.17
0.56
1.19
2.08
2.07
2.08
2.08
1.78
2.12
2.02
0.49
1.28
$ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761 $ 11,761
renaissancecoop.com
Starting
Cash
Sources
Cash
Sales
Rental
Income
Short-term
Loan
Proceeds
Long-Term
Loan
Proceeds
Equity
Capital
Proceeds
$
3,675,824
$
-
$
-
$
-
$
-
Total
Souces $
3,675,824
Uses
Payroll
&
Related
Cost
of
Food/Products
Sold
Production
Materials
Other
Production
Expenses
Insurance
Rent
Other
G&A
Interest
Purchase
Depreciable
Assets
Purchase
Non-Depr.
Assets
Dividends,
Owner
Pay-outs
Debt
Principle
Payments
Total
Uses
Before
Taxes
Income
Taxes
$
714,979
$
2,573,077
$
9,190
$
58,115
$
3,000
$
17,489
$
89,738
$
32,923
$
-
$
-
$
-
$
108,205
$
3,606,716
$
3,933,132
$
-
$
-
$
-
$
-
$
3,933,132
$
4,208,451
$
-
$
-
$
-
$
-
$
4,208,451
$
747,751
$
2,753,192
$
9,373
$
61,631
$
3,060
$
24,000
$
91,533
$
29,256
$
-
$
-
$
-
$
111,872
$
3,831,669
$
782,071
$
2,945,916
$
9,561
$
65,383
$
3,121
$
24,480
$
93,364
$
25,437
$
-
$
-
$
-
$
115,691
$
4,065,024
$
19,235
$
34,348
$
52,498
renaissancecoop.com
Debt Service
Month
of
Operation
Month
Name
Number
of
Weeks
1
June
4.29
2
July
4.43
3
August
4.43
4
September
4.29
5
October
4.43
$
2,380
$
7,214
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,355
$
7,238
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,331
$
7,263
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,306
$
7,288
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,281
$
7,313
$
250
$
1,667
$
250
$
-
$
-
$
-
Monthly
interest
Monthly
principal
$
2,880
$
2,855 $
2,831 $
2,806 $
2,781 $
2,757 $
2,732 $
2,707 $
2,681 $
2,656 $
2,631 $
2,606 $
32,923
$
8,881
$
8,905 $
8,930 $
8,954 $
8,979 $
9,004 $
9,029 $
9,054 $
9,079 $
9,104 $
9,130 $
9,155 $
108,205
$
2,257
$
7,337
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,232
$
7,362
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,207
$
7,387
$
250
$
1,667
$
250
$
-
$
-
$
-
9
February
4.00
10
March
4.43
11
April
4.29
12
May
4.43
Annual
$
2,181
$
7,413
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,156
$
7,438
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,131
$
7,463
$
250
$
1,667
$
250
$
-
$
-
$
-
$
2,106
$
7,488
$
250
$
1,667
$
250
$
-
$
-
$
-
$
26,923
$
88,205
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
52.14
Year 1
Year 2
Year 3
Year 4
Year 5
$
26,923
$
88,205
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
$
23,256
$
91,872
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
$
19,437
$
95,691
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
$
15,459
$
99,669
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
$
11,315
$
103,812
$
3,000
$
20,000
$
3,000
$
-
$
-
$
-
Annual
Interest
Annual
Principal
$
32,923 $
29,256 $
25,437 $
21,459 $
17,315 $
10,000 $
5,504 $
3,000 $
3,000 $
3,000 $
- $
- $
- $
- $
-
$
108,205 $
111,872 $
115,691 $
119,669 $
123,812 $
128,128 $
132,623 $
95,000 $
95,000 $
95,000 $
75,000 $
75,000 $
75,000 $
75,000 $
75,000
$
141,128 $
141,128
$
141,128
$
141,128
$
141,128
$
138,128
$
138,128
$
98,000 $
98,000 $
98,000 $
75,000 $
75,000 $
75,000
$
75,000 $
75,000
$
7,000
$
108,128
$
-
$
-
$
3,000
$
20,000
$
-
$
-
$
2,504
$
112,623
$
-
$
-
$
3,000
$
20,000
$
-
$
-
$
-
$
-
$
-
$
-
$
3,000
$
20,000
$
-
$
75,000
Year 9
Year 10
Year 11
Year 12
Year 13
Year 14
Year 15
$
-
$
-
$
-
$
-
$
3,000
$
20,000
$
-
$
75,000
$
-
$
-
$
-
$
-
$
3,000
$
20,000
$
-
$
75,000
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
75,000
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
75,000
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
75,000
$
-
$
-
$
-
$
-
$
-
$
-
$
75,000
$
-
$
-
$
-
$
-
$
-
$
-
$
75,000
renaissancecoop.com
Inputs
Key Figures
$700,000
$115,127.52
4.080%
7
2014
January
Monthly
payments
Interest
in
first
calendar
year
Interest
over
term
of
loan
Sum
of
all
payments
$9,593.96
$26,922.71
$105,892.64
$805,892.64
Payment
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
$
9,593.96
Principal
Interest
$
91,871.93
$
23,255.59
$
95,690.91
$
19,436.61
$
99,668.94
$
15,458.58
$
103,812.35 $
11,315.17
$
108,128.00 $
6,999.52
$
112,623.06 $
2,504.46
Principal
Interest
Cumulative
Principal
$
7,213.96
$
2,380.00
$
7,213.96
$
7,238.49
$
2,355.47
$
14,452.45
$
7,263.10
$
2,330.86
$
21,715.55
$
7,287.79
$
2,306.17
$
29,003.34
$
7,312.57
$
2,281.39
$
36,315.91
$
7,337.43
$
2,256.53
$
43,653.34
$
7,362.38
$
2,231.58
$
51,015.72
$
7,387.41
$
2,206.55
$
58,403.13
$
7,412.53
$
2,181.43
$
65,815.66
$
7,437.73
$
2,156.23
$
73,253.39
$
7,463.02
$
2,130.94
$
80,716.41
$
7,488.40
$
2,105.56
$
88,204.81
Cumulative
Principal
$
180,076.74
$
275,767.65
$
375,436.59
$
479,248.94
$
587,376.94
$
700,000.00
Cumulative
Interest
$
50,178.30
$
69,614.91
$
85,073.49
$
96,388.66
$
103,388.18
$
105,892.64
Ending
Balance
$
519,923.26
$
424,232.35
$
324,563.41
$
220,751.06
$
112,623.06
$
-
renaissancecoop.com