Updated Returns On Waterfront Vacation Rental In Traverse City

[Matthew Bernal]

EMD: $25,000
Offering: 20% Flat Return
Return Breakd0wn:
11/22/2023 - 12/7/2023- Fee: $5,000
Security:

• JV Agreement
• Promissory Note
• Guarantee of Reimbursement Up To 24 Hours Before End of Contingency Period

Down Payment: $215,000
Offering: 15% Flat Fee Payable on December 7th and principle held for a stabilization period of 3-6 months at a 12% annualized return. Upon refinance, investors will receive their principle plus phase-2 interest back in full.
Return Breakdown:
11/22/2023 - 12/7/2023- Fee: $32,250Monthly Interest: $2,150 (Assuming 6 Months)Gross Return (Fee + Phase 2 Interest): $45,150ROI: 21%Annualized ROI: 42%
Security:

• Name recorded on the Deed of Trust
• Name Recorded on the Insurance Policy
• Position on the Operating Agreement
• JV Agreement
• Promissory Note
• Experienced Investors with 31 Completed Deals

Carrying & Closing Costs: $115,000
Offering: 15% Flat Fee Payable on December 7th and principle held for a stabilization period of 3-6 months at a 12% annualized return. Upon refinance, investors will receive their principle plus phase-2 interest back in full.
Return Breakdown:
11/22/2023 - 12/7/2023- Fee: $17,250Monthly Interest: $1,150 (Assuming 6 Months)Gross Return (Fee + Phase 2 Interest): $24,150ROI: 21%Annualized ROI: 42%

Down Payment + Carrying & Closing Costs: $330,000
Offering: 15% Flat Fee Payable on or before December 7th and principle held for the duration of the stabilization period . Upon refinance, investors will receive their principle, and their debt position will be converted into a 5% equity Position for 5 Years.

Return Breakdown:
11/22/2023 - 12/7/2023- Fee: $49,500Monthly Equity (Assuming Conservative NOI of $233,000): $970.83Gross Equity Return: $58,250Gross Y1 Return: $55,324.98Gross Return (60 Months): $107,749.80Y1 ROI (Return Plus Discount Rate of 7%): 24%60 Month ROI (Return Plus Discount Rate of 7%): 40%
Security:

• Name recorded on the Deed of Trust
• Name Recorded on the Insurance Policy
• Position on the Operating Agreement
• JV Agreement
• Promissory Note
• 60 Months of Dividends with 0nly 3-6 Months Risk Exposure
• Experienced Investors with 31 Completed Deals

Perks:

• Investors who fund over $100,000 receive a free 3-Day stay in the property along with 2 business class tickets
• Risk exposure is limited to 3-6 months
• No Rehab Needed
• We Prioritize Lasting, Profitable, Relationships

Finder's Fee:
The Investor Who Sources the Funds Will Receive a $3,300 Flat Fee, Payable within 14 Days of Close of Escrow.