Income Producing Property Owner Association Memberships Available
We put our heads together as well as our Money to develop affordable housing, for example:
| Annual Rents Currently Proposed | $ 183,992.00 |
| Annual Expenses for 23 Unit complexes of 1-2 bed rooms | |
| Taxes..................................................................................... | $ 18,000.00 |
| Insurance.............................................................................. | $ 9,099.00 |
| Maintenance (10%).............................................................. | $ 16,399.20 |
| Management (8%)............................................................... | $ 13,119.36 |
| Vacancy (5%)...................................................................... | $ 8,199.60 |
| Total Expenses.................................................................... | $ 64,817.16 |
| Net Operating Income.......................................................... | $ 119,174.84 |
| Working Capital required...................................................... | $ 850,000 |
Above is based on new construction or rehab of similar sized facility through our funding Source. Net is operating owner's annual income from the development
(225) 238-3923 is the number to call for more details
Offering