Joint Venture Proposal - Amazon Web Services · Joint Venture Proposal To Complete Funding of the...
Transcript of Joint Venture Proposal - Amazon Web Services · Joint Venture Proposal To Complete Funding of the...
Joint Venture Proposal
To Complete Funding of the
Purchase of Eight Single
Family Houses in St. Louis, MO
Executive Summary
Fund the initial purchase of 8 Single Family Houses in St. Louis, MZ
Purchase in with Cash or a Hard Money Loan and Complete the
Recommended Renos
THEN
Refinance at 80% LTV and continue to rent out all of the properties for positive
cashflow
Form investment joint venture relationship between the initial partners and a
group of 1-4 investors to obtain final funding to support goals and outcomes
Funding Goal:
$353,700 USD
Why Invest In St Louis?
St Louis is one of the top cash flow markets in the country and the St Louis real estate market experienced more growth than any other market in the country in 2016:
http://www.riverfronttimes.com/newsblog/2016/11/28/hot-st-louis-housing-market-showed-biggest-growth-in-us-redfin-reports
St Louis is currently ranked #1 in the country for number of startups and startup growth:
http://www.businessinsider.com/us-cities-with-fastest-growing-startup-scenes-2016-1/#2-salt-lake-city-ut-11327-deal-growth-in-2015-2752-average-growth-since-2012-9
The market outlook is fantastic and the rent returns speak for themselves.
Historically when there are such high rents and low purchase prices there is appreciation in the market values because of investor activity
Investors are flooding the market
Executive Summary
Executive Summary – Con’t
Overview
Rent Roll
Photos
Photos
Repairs Estimate
Link to Inspection Reports and Photos: https://www.dropbox.com/sh/5u6vjpd4rvhg9t8/AABWSztylYNEAWM3zXOLuRHOa?dl=0
Deal Summary
Package of 8 Occupied High Return Cash Flow Properties
Asking $320,000 + Closing + Renos
Generating $6,420 Monthly
St Louis, MO
Estimated Value +$380,000 ARV
15.2% Net Cash on Cash Return!!
Incredible Price to Rent Ratio
(All prices in USD)