Current Cash Flow Estimated ANNUAL NET Income Breakdown 1. Estimated Rents ($650 per month)$ 7,800.00 2. Income from parking and storage areas $ 0.00 3. Vacancy and collection losses $168.00 4. Effective gross income $7,632.00 Less operating and fixed expenses 5. Trash pick-up $ 0.00 6. Utilities $ 0.00 7. Licenses and permit fees $ 25.00 8. Advertising and promotion $ 0.00 9. Management fees ($65 per month) $ 780.00 10. Maintenance and repairs $ 200.00 11. Yard care $ 0.00 12. Miscellaneous $ 0.00 13. Est Property taxes $ 1100.00 14. Property and liability insurance $ 450.00 15. Reserves for replacement $ 0.00 16. Total operating and fixed expenses $ 2,555.00 17.Estimated Net Operating Income(NOI) $5,077.00 "Cash Flow Land Contract Estimated NET Income"Plus $2,500-$3,500 deposit and resale on a contract for approximately $65,000-$69,000
1. Estimated Payments ($600 per month)$ 7,200.00 2. Income from parking and storage areas $ 0.00 3. Vacancy and collection losses $ 0.00 4. Effective gross income $ 7,200.00 Less operating and fixed expenses 5. Trash pick-up $ 0.00 6. Utilities $ 0.00 7. Licenses and permit fees $ 0.00 8. Advertising and promotion $ 0.00 9. Management fees ($25 per month) $ 0.00 10. Maintenance and repairs $ 0.00 11. Yard care $ 0.00 12. Miscellaneous $ 0.00 13. Est Property taxes $ 0.00 14. Property and liability insurance $ 0.00 15. Reserves for replacement $ 0.00 16. Total operating and fixed expenses $ 7,200.00 17.Estimated Net Operating Income(NOI) $7,200.00 Ten Reasons to Invest out of state:
1. Live Where you want, invest where it makes sense!
2. Higher returns with less work. All work vs NONE.
3. Leaverage of peoples time, we all want that back.
4. 10%-20% secured returns VS 2%-3% un-secured returns.
5. Low costs means lower risk and equals less stress.
6. Its less stressful having a team handle everything for you.
7. Contractor permits laws are way more linient in P.A.
8. Getting better deals at discount prices not available in current market.
9. Not having to fight with other investors due to limited inventory and highest and best multiple offers.
10. Not pay inflated prices! If you or anyone you know is interested in this property contact us ASAP to avoid multiple offers. You can contact us at Jo (224)436-6201or Adam (503) 910-1735 or email[email protected]. Recommended Questions to ask about out of state investing:
1. I've had a bad experience in the past myself, can I trust this team? 2. How are code issues and violations handled? 3. How do I ensure contractors dont run off with my money and the job is done correctly? 4. Can I trust the property managment? 5. I want to see it but cant touch it. 6. Why is the money sent to you instead of the title company? 7. What if there is a problem, who helps me? 8. What if I have to evict people, how are the laws there? 9. What if there is property damage when the tenants vacate? 10. What if the tenants are late paying? (*Referrals are always welcomed and four figure referral bonuses are paid for every closed deal.) It is a privilege to connect with you and I hope we can work together in creating wealth and have fun at the same time! Warm Regards, Adam and Lisa Owens, Co-CEOs of Owens Holdings,LLC (Owens Holdings, LLC is an affiliate of Fortune Foreclosures who has helped investors find over 2,000 positive cash flow properties in the past 11 years.)
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