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[QUOTE="Millhouse, post: 936714, member: 78"]
i tried to preemptively dismiss the guru stuff.  no one is a finance guru anywhere, i'm convinced

i'm all ears for which of my assumptions are wrong. I isolate them to make it clear what I'm pulling out of my A.  if the numbers don't work, it's because my assumptions are wrong.

pv=$500,000,000
r=10%
nper=30
pmt=$53,000,000

margin%=20%
solve for revenue=53M/.2=$265M
costs=$265-53=$212

I know thatt will never happen ever.  no one in their right minds would voluntarily put up $500M expecting that kind of revenue for an arena in syracuse.

The whole point of the exercise was to solve for what would make this a break even investment for the assumptions I clearly laid out.  these numbers are crazy because spending 500M is crazy

The reason this is a PPP is because the numbers are clearly ridiculous and the only way you can pay for this thing is to take the money away from people who rightly think "I want no part of this dogsh!t investment because it's ridiculous."  If there are social benefits that justify this type of investment they still need to add up to the same 53M we backed into
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