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OT: Kansas plans a $17.5 million apartment complex to house basketball players
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[QUOTE="jncuse, post: 880011, member: 1969"] I Am struggling to determine how the rental revenue of 34 non athletes, offset by operational costs will fully pay off the bond. With no costs, to generate a million a year, rent would need to be 3k a month. And of course their will be many costs... so number is much higher. and a bond would likely require more annual cash flows then a million. Sounds like a fantasy camp for really rich kids. Edit - I stupidly missed the donor part that will fill part of it. [/QUOTE]
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