24 Wrenn Investor Presentation

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Rent-to-own investment opportunity. 20% ROI per year.

Rent-to-own investment opportunity. 20% ROI per year.

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  • 1. Joint Venture OpportunityDetached House in Bowmanville
    3 Bedrooms , 2 Bath
    24 Wrenn Blvd, Bowmanville, ON
    Thomas Wong
    416-806-9568
    thomaswong@rogers.com
    Kenneth Sam
    416-895-5337
    soldin48hours@gmail.com
  • 2. The Project
    • The Property is a detached 3 bdrm house in a very convienent location in Bowmanville.
    • 3. The house was originally listed for 225K. The carpet in the basement needs an upgrade with several rooms requiring a coat of paint.
    • 4. Offer is accepted to buy the property for 214K. The current closing is set for Nov 23rd 2009.
    • 5. We are planning to spend approx $5,000 to improve the property. After repair value is between $230K-$235K
    • 6. Already have a rent-to-own tenant, signed the Lease Option agreement. Tenant has already paid $5,000 towards the purchase deposit.
    • 7. Using the Lease Option program as the exit strategy, potential profit in 3 years will be approx $40K
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 8. The Opportuniy
     
    • Project Finder / Real Esate Experts Invest
    • 9. 5% of Cash Investment ( $2,358 )
    • 10. Over 50 Hours of Time and Expertise
    • 11. Cash Partners Invest
    • 12. 95% of Cash Investment ($44,807)
    • 13. Split Profit   35-65 ( $14K - $26K)
     
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 14. Key Features of the Property
    • 2 Storey Detached Home - 3 Bdrm and 2 Bath
    • 15. Huge Private Yard with 2 Decks
    • 16. Above Ground Pool !!
    • 17. Fully Finished Basement
    • 18. New Bathroom including Tub
    • 19. Large Eat - In Kitchen
    • 20. Long driveway /w 3-4 parking
    • 21. Fenced Private Lot /w Garage Access
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 22. Profile of the Tenant
    • A couple - soon to be married
    • 23. He owns a Delivery Business whose clients include Home Depot & Lowes.
    • 24. Our lease option agreement is with Him. 
    • 25. His income is $80,000 per year
    • 26. Credit Score is 580
    • 27. Lease to Own program will help them save 10% to get a good mortgage.
    • 28. Signed the Lease with Option to Purchase Agreement. Got $5,000 or them to confirm their participation in the Rent - To- Own Program. The total initial deposit for the tenant will be $7,300.
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 29. Financial Assumptions
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 30. Benefit to Lessee
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 31. Joint Venture – Profit 1
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 32. Joint Venture – Profit 2
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 33. Joint Venture – Return Analysis
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 34. Map of the Area
    LeaseToOwnToronto.com | 24 Wrenn Blvd
  • 35. Sample Pictures
    LeaseToOwnToronto.com | 24 Wrenn Blvd