This is a brand new cabin, scheduled for completion mid December, 2020. It will be fully furnished, ready to rent.

Numbers on this cabin:

3/3

City Sewer

Price $539,900

My cash in: $136,000

Your cash in: $0

Likely mortgage: $1,900 / month

Projected gross revenue: $60,000-$70,000 per year

Costs: 55%-65% of gross (mortgage, insurance, taxes, utilities, capex, cleaners, remote management software, etc)

Conservative Net @ 35% of Gross (35% of $60,000): $21,000 per year

Conservative Cash on Cash ROI for me: 15%

Middle Net @ 40% of Gross (40% of $65,000): $26,000 per year

Middle Cash on Cash ROI for me: 19%

High Net @ 45% of Gross (45% of $70,000): $31,500 per year

High Cash on Cash ROI for me: 23%

In exchange for your co-sign I am offering you a percentage of cash flow for as long as you are in the loan.

Your Cash on Cash ROI: infinite%

Please DM or contact me directly if interested. Thank you.

Steve Fogarty

702-904-2972

[email protected]