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Incetives $32K Cain Casnveivs |
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1 YEAR HOA PAID AT CLOSING
1 YEAR MAINTENANCE AGREEMENT
HE WILL WAIVE THE 1.5% DEVELOPER FEE
PLUS GIVE A 3% CREDIT AT CLOSING
THEN
WITHIN 30 DAYS AFTER CLOSING,
DEVELOPER WILL GIVE YOU A DECORATION CREDIT
IN THE AMOUNT OF
1 BEDROOM/ 1 BATH $15,000.00
2 BEDROOM/ 1 BATH $20,000.00
2 BEDROOM/ 2 BATH $20,000.00
3 BEDROOM/ 2 BATH $25,000.00 | These ONLY apply when using an
approved lender, NO Exceptions.
HERE'S HOW IT WORKS!!!
Example 2/2 $204,900.00
Actual Unit 100-111
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$32,274.27
IN CASH AND CREDITS |
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Actual Rent
$950.00 |
Purchase Price
$204,900.00 |
This example is Based upon 100% Financing at a 8.5% Interest Only Loan.
The Incentives for the Second and Third Years are based upon you taking the cash flow per month from the previous year and times 12 months.
| 1st Year |
Monthly |
| Base Price |
$204,900.00 |
| Interest Rate |
8.50% |
| Payment |
$1,451.38 |
| Taxes |
$0.00 |
| HOA Fees |
$0.00 |
| Total Payments |
$1,451.38 |
| Incentives |
$20,000.00 |
| Rent |
$950.00 |
| Cash Flow |
$1,165.29 | |
| 2nd Year |
Monthly |
| Base Price |
$204,900.00 |
| Interest Rate |
8.50% |
| Payment |
$1,451.38 |
| Taxes |
$256.13 |
| HOA Fees |
$229.00 |
| Total Payments |
$1,936.50 |
| Incentives |
$13,983.50 |
| Rent |
$1,000.00 |
| Cash Flow |
$228.79 | |
| 3rd Year |
Monthly |
| Base Price |
$204,900.00 |
| Interest Rate |
8.50% |
| Payment |
$1,451.38 |
| Taxes |
$256.13 |
| HOA Fees |
$229.00 |
| Total Payments |
$1,936.50 |
| Incentives |
$2,745.50 |
| Rent |
$1,050.00 |
| Cash Flow |
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YOUR CONDO IS WORTH AFTER 1ST YEAR BASED ON 12% APPRECIATION
$YOUR CONDO IS WORTH AFTER 2ND YEAR BASED ON 12% APPRECIATION
$YOUR CONDO IS WORTH AFTER 3RD YEAR BASED ON 12% APPRECIATION
BOTTOM LINE PROPERTY COVERS ITSELF AT $0.00 COST FOR MORTGAGE, HOA AND
TAXES FOR MONTHS BEFORE IT EVER COST YOU A CENT.
AFTER 32 MONTHS THE PROPERTY CAN BE SOLD WITH A PROFIT OF APPROX.
YOUR CONDO IS WORTH AFTER 3rd YEAR BASED ON 12% APPRECIATION
8% ALLOWANCE FOR SALE OF THE PROPERTY
$204,900.00 YOU PAID
PURE PROFIT SINCE NO OUT OF POCKET EXPENCE
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*DISCLAIMER: This information is deemed reliable but is not guaranteed.
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