 Sample Real Estate
Partnership
(Good Faith Estimate)
|
1/3 Share Price |
$500,000 |
|
5% Down |
-$25,000 |
|
Balance Financed |
$475,000
|
@6.75% for 12 months |
|
$32,062 |
|
1/3 Taxes @ $12,000 |
$4,000 |
|
|
1/3 Insurance @ $10,500 |
$3,500 |
|
|
1/3 Cleaning Fees @ $4,500 |
$1,500 |
|
|
MGM Fee (20% after 2 yrs) |
$
0 |
|
|
Operating Coast |
|
$12,000 |
TD Purchase &
Operating Costs |
|
$44,062 |
|
|
|
|
|
Annual Rental Income |
$120,000 |
|
*1/3 Share of Annual
Rental Income |
|
$40,000 |
|
Actual Cost to Own |
|
$4,062 |
|
(Before taxes and
depreciation) |
*For the first two years, you are
guaranteed $40,000 rental income to be paid our quarterly.
|
|
A Real Estate
Partnership
Means Carefree Ownership
For years, groups of family and
friends have gone together to buy vacation homes, organizing and
scheduling stays and the responsibilities of ownership.
- Carpi Club Villas partnerships are
an organized LLC which seeks to maximize rental income with the full
enjoyment of owning a property.
- Owners can use the houses in
non-peak season for 14 days free.
- Owners can rent the houses in peak
season at a reduced rate.
Proven Rental
History
What makes this investment
attractive is the proven rental history these houses produce with
corporate clients, weddings and family reunions. The rental
income is in the six figures annually.
- Each partner shares in rental
income and can buy a 25% - 75% share.
- The management fee is no charge
for the first two years of ownership.
- Expenses such as taxes,
insurance and repairs are paid according to the partner's share of
ownership.
Owning an expensive beach
property has now become affordable with the strong cash flow and
low management fees by Beach Reunion, LLC.
|
Jim Cochran will
maintain a 25% or greater partnership in each home for a minimum
of three years. |
|
