EFTA02708334.pdf

MOM losom" 3 BEDROOM DETACHED COLONIAL LOCATED IN EASTPOINTE CURRENTLY LET AT $900 pcm NET YIELD 14% $58,000 EF1A_R1_02109417 EFTA02708334  Property Description ..•■■ .4rt .••■•• .. Real Time •• •• •• Investments war . ea, C't FINANCIAL THE PROPERTY 2 Purchase price of: $58,000 2 3 bedroom. Detached, brick built RI Actual rent of: $900 pcm. O 1 receptions, private front and rear yard PI Positive Cash flow of: $7,916 p.a. Detached garage :9 : 2 Annual Return on Capital: 19% RI Internal size 1,191 sq. ft. us • :9 • Watch a video of this property 2 Yield on Purchase Price: 14% Total lot size 4,357 sq. ft. A Large Finished Basement t/, Full Management in Place z Delivered fully refurbished and let EFTA_R1_02109418 EFTA02708335 Cost and Cash flow Breakdown .4rt ■■ ..• .••■•• .. Real Time EN •• •• Investments CASH OUTLAY $ (USD) £ (GBP) CASH FLOW $ (USD) AGREED PRICE $58,000 £36,250 Annual Monthly GROSS RENTAL SOLICITOR FEES $450 £281 $10,800 $900 INCOME LETTING AGENTS TITLE INSURANCE $350 £219 $864 $72 FEES 8% ADMIN CLOSING ESTIMATED 5200 £125 $1,320 $110 COSTS PROPERTY TAXES ITIN, LLC FORMATION $576 £360 BUILDING INSURANCE $700 $58 AND BANK ACCOUNT* TOTAL INVESTMENT $59,576 £37,235 NET RENTAL INCOME $7,916 $660 ' Optional GROSS YIELD 19% NET YIELD 14% Conversion rates - US Dollars to STERLING To convert from US dollars to Sterling we suggest you go to our home page where there is a currency converter. www.reaximeinvest.c,ore For example only. the exchange rate used is Et = $1.60 EFTA_R1_02109419 EFTA02708336  Property Area & Info .4..•.. rt ••■•• Real Time •• •• •• Investments Eastpointe (pop. 32,442), I 1 iti f { f it ittlee 3 !MW Macomb County, is famous for its IV ••••••• I tr4II I • 164.O i summer festivals and winter events •••••• r 1 .O.-17;r. /1 cI,. %Af t many centred on the John F f•••••1 I P.n ... . 1 III•0•00,r " . 1 f t %.• S. 1 9 •‘ • .4. 1 is' a" i Kennedy Memorial Park. It boasts t ii 1' r II r meen.4•••• c •. . f go .'"..... I 4. 1 f t the best fresh water boating in the 0--: Is it ,I ,i I uwor •... area. Its neighbours are the .... i t i t lt it i 1 t I —,I , C....,„,..: WI... I;110t FASIPOINTI• fashionable Grosse Pointe and St Sr f 1 I •601•00 t 0 Isola 'DOWD Clair shores. Lake St Clair is just 5 i wine.. low i c.o.... . ,' Gwen ; miles (8Km) to the east. It is proud t •••••• I 1 C....Mr of its educational facilities that 1 46% % COM.. Av. 1 • LMO•KOO inor”.. R 4_. stretch from pre-school through to adult colleges. Commercially, it is Click here for a Street more of a resort than a city. View of this property EFTA_R1_02109420 EFTA02708337 Area Information and Trends EASTPOINTE, MICHIGAN Median Sales Price The median sales price for homes in If I Eastpointe MI for Jan 13 to Mar 13 was $14OK $52,350. This represents an increase of 11:21. 6.8%, or $3,350, compared to the prior $100K quarter and an increase of 16.3% compared to the prior year. Sales prices have il3OK depreciated 36.4% over the last 5 years in %OK Eastpointe 14.3r 1201r Wer Jan 2000an 2001so 2003en 2003an 2T 004an I2000eon 2000an 2003fin 2008en 2009en 2010en 2011Ien 201aen 2013 • Al Properties nor it • *nap as a OAP PM I Waft Average Listing Pries Aosta Si Oar CN:t1On1e.rvl I 31 ref PCTI 153K / •• Se.2fr .2 I sea, (i) 4 MO 4, 152K • Waal* $51K 151K C.00,••• 0.a• Leta 550K goy C aar fly Gut, of Dv!, Ms 20.13 1.1ar 27 1 3 Apr 03.13 Afn 10'13 CaGSY, Pea* farm MI Al properties EFTA_R1_02109421 EFTA02708338  A Real Time Investments • ■ ■ Contact Real Time Investments to take advantage of this opportunity You Tuba"! - • • • USA office London office Leicester office 24123 Greenfield Road Suite 20 Hanover Square 143 Loughborough Road 304 Mayfair Leicester Southfield, MI London, W1S 1JY LE4 5LR 48075, USA Tel: 020 3585 3693 Tel: 0116 268 8883 Tel: +1 313 980 9902 salesMrealtimeinvest.com Fax: 0116 266 2956 www.realtimeinvest.com EFTA02708339