Large Deck
| Without Maintenance | With Maintenance | ||
|---|---|---|---|
Year 1 |
|||
| Initial Construction Cost | 1500 cars @ $10k per space | $15,000,000 | $15,000,000 |
|
Debt Repayment 20 year note |
@ 8% interest per year | $1,505,592 | $1,505,592 |
| Maintenance | per year | $ - | $150,000 |
Year 20 |
|||
| Replacement Construction Cost Cost adjusted for 3% annual inflation | 1500 cars @ 17.5k per space | $26,302,591 | $ - |
| Debt Repayment 20 year note | @ 8% interest per year | $2,640,065 | $ - |
| Maintenance | per year | $ - | $200,250 |
Year 30 Status |
$56,512,491 | $35,114,342 | |
Cost per Year |
$1,833,749 | $1,170,487 | |
Small Deck
| Without Maintenance | With Maintenance | ||
|---|---|---|---|
Year 1 |
|||
| Initial Construction Cost | 4000 cars @ $10k per space | $4,000,000 | $4,000,000 |
|
Debt Repayment 20 year note |
@ 8% interest per year | $401,491 | $401,491 |
| Maintenance | per year | $ - | $40,000 |
Year 20 |
|||
| Replacement Construction Cost Cost adjusted for 3% annual inflation | 400 cars @ 17.5k per space | $7,014,024 | $ - |
| Debt Repayment 20 year note | @ 8% interest per year | $704,017 | $ - |
| Maintenance | per year | $ - | $53,400 |
Year 30 Status |
$15,069,998 | $9,363,825 | |
Cost per Year |
$502,333 | $312,127 | |