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Joint Venture OpportunityDetached House in Bowmanville<br />3 Bedrooms , 2 Bath<br />24 Wrenn Blvd, Bowmanville, ON<br />T...
The Project<br /><ul><li>The Property is a detached 3 bdrm house in a very convienent location in Bowmanville.
The house was originally listed for 225K. The carpet in the basement needs an upgrade with several rooms requiring a coat ...
Offer is accepted to buy the property for 214K. The current closing is set for Nov 23rd 2009.
We are planning to spend approx $5,000 to improve the property. After repair value is between $230K-$235K
Already have a rent-to-own tenant, signed the Lease Option agreement. Tenant has already paid $5,000 towards the purchase ...
Using the Lease Option program as the exit strategy, potential profit in 3 years will be approx $40K</li></ul>LeaseToOwnTo...
The Opportuniy<br /> <br /><ul><li>Project Finder / Real Esate Experts Invest
5% of Cash Investment ( $2,358 )
Over 50 Hours of Time and Expertise
Cash Partners Invest
95% of Cash Investment ($44,807)
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24 Wrenn Investor Presentation

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

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Transcript of "24 Wrenn Investor Presentation"

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