Investment Opportunity · 2018. 10. 13. · July 2012 5805 S. 39TH ST MILWAUKEE WI 53221 1 Monarch...

July 2012 5805 S. 39TH

ST MILWAUKEE WI 53221

1 Monarch Property Investments

(262) 385-6926 (262) 385-0347 [email protected]

Investment Opportunity

1,114 SQ FT SINGLE FAMILY HOME

3 BEDROOM, 1.5 BATHROOM RANCH

PURCHASE PRICE: $85,000

REHAB BUDGET: $22,000

AFTER REPAIR VALUE:

MINIMUM $140,000 – MAXIMUM $170,000

URGENT CLOSING: FRIDAY, AUGUST 17, 2012

SEEKING GAP FUNDS FOR REHAB AND REMAINING BALANCE

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

Any representations made are estimates only.

All details should be confirmed before any purchase of real

estate.

DISCLOSURE

This is not an offering, but is merely a business plan which can be used to help an investor

evaluate the benefits and risks of this proposed real estate investment. An offering document or

private memorandum offering must be received and reviewed before any decision to invest in

this business can be made.

Material contained in this document is confidential, and furnished solely for the purpose of

considering investment in the property described therein, and is not to be copied and/or used for

any other purpose or made available to any other person without the express written consent of

Owner.

The information in this package has been prepared to provide summary information to

prospective purchasers and to establish a preliminary level of interest in the property described

herein. It does not, however, purport to present all material information regarding the subject

property, and it is not a substitute for a thorough due diligence investigation.

The information contained in this business plan has been obtained from sources believed to be

reliable; however Owner has not conducted any investigation regarding these matters and

makes no warranty or representation whatsoever regarding the accuracy or completeness of the

information provided. Any estimates of rates of return or assumptions are for example only and

do not necessarily represent the current or future performance of the property.

Owner reserves the right to withdraw, modify, or cancel this investment if it does not generate

enough interest in the property to complete its purchase.

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

Financials Overview

PROPERTY ADDRESS 5805 S. 39TH STREET,

MILWAUKEE WI 53221

ASKING PRICE $109,900

PROPERTY SQUARE FOOTAGE 1114

PRICE PER SQUARE FOOT $98.66

HOLDING PERIOD 4 Months

PURCHASE PRICE $85,000

PURCHASE PRICE PER SQUARE FOOT $76.31

FAIR MARKET VALUE/AFTER REPAIR VALUE RANGE $140K TO $170K = $150,000

MONARCH PROPERTY INVESTMENTS CONTRIBUTION – EARNEST MONEY DEPOSIT $1,000

PAID 7.24.12

MONARCH PROPERTY INVESTMENTS CONTRIBUTION – APPRAISAL FOR HML $400

COSTS PAID DURING REHAB


PURCHASE ESCROW AND VACANT POLICY INSURANCE $1,340

FUNDS TO REHAB $22,000

HARD MONEY LOAN 5 POINTS 12% INTEREST – MONTHLY HOLDING COST 4 MONTHS – TOTAL HOLDING COSTS

$5, 420 $1,138 $4,552

COSTS PAID AFTER REHAB

AFTER REPAIR VALUE/SALES PRICE $150,000 REALTOR FEES AND SALES ESCROW EXPENSE $11,000 REMAINING HML BALANCE $68,000 TOTAL PROJECT PROFIT $150,000 - $11,000 - $68,000 = $71,000

PAYBACK OF GAP INVESTOR $71,000 - $50,312 = $20,688

ESTIMATED PROFIT SPLIT: GAP 50%/PROJECT MANAGER 50% $20,688/2 =

$10,344 EACH

RETURN / INVESTMENT = ROI $10K / $50K = 20% 20% TOTAL PROJECT FINANCIALS SOUGHT

PURCHASE PRICE LESS EMD $85,000 - $1,000 = $84,000

PURCHASE PRICE LESS HML $85,000 - $68,000 = $17,000


REHAB BUDGET $22,000

HML POINTS $5,420

HOLDING COSTS $4,552

TOTAL FUNDING SOUGHT $17,000 + $1,340 + $22,000 +

$5,420 + $4,552 = $50,312

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

ALL CASH INVESTMENT OPTION

PROPERTY ADDRESS 5805 S. 39TH STREET,

MILWAUKEE WI 53221

ASKING PRICE $109,900

PROPERTY SQUARE FOOTAGE 1114

PRICE PER SQUARE FOOT $98.66

HOLDING PERIOD 4 Months


PURCHASE PRICE PER SQUARE FOOT $76.31

FAIR MARKET VALUE/AFTER REPAIR VALUE $150,000

MONARCH PROPERTY INVESTMENTS CONTRIBUTION – EARNEST MONEY DEPOSIT $1,000

PAID 7.24.12

COSTS PAID DURING REHAB

PURCHASE PRICE LESS EMD $84,000


FUNDS TO REHAB $22,000

TOTAL ALL CASH INVESTMENT SOUGHT $107,500 COSTS PAID AFTER REHAB

AFTER REPAIR VALUE/SALES PRICE $150,000 REALTOR FEES AND SALES ESCROW EXPENSE $11,500 PAYBACK ALL CASH INVESTOR $107,500 TOTAL POTENTIAL PROFIT USING ALL CASH $150K - $11,500 - $107,500 = $31,000

PROFIT SHARE 50%/50% $31,000/2 =

$15,500 EACH

TOTAL INVESTMENT/RETURN = ROI $15,500/$107,500 = 14%

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

Subject Property Photo Gallery

FRONT OF HOUSE 1

BACKYARD AND BACK OF HOUSE 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

SIDE VIEW W/ DETACHED GARAGE 1

STORAGE SHED IN BACKYARD 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

LIVING ROOM AREA 1

DINING ROOM AREA 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

FULL BATH 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

HALF BATH 1

RANCH HALLWAY 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

KITCHEN AREA 1

KITCHEN AREA 2

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

BASEMENT AREA 1

MASTER BEDROOM 1

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

MASTER BEDROOM 2

MASTER BEDROOM 3

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

REHAB CONTRACTOR BIDS

July 2012 5805 S. 39TH



(262) 385-6926 (262) 385-0347 [email protected]

Investment Opportunity · 2018. 10. 13. · July 2012 5805 S. 39TH ST MILWAUKEE WI 53221 1 Monarch...

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