SlideShare a Scribd company logo
1 of 21
Professor Delaine
NYU-REAL1-UC1001
Rahsaan Browne
Final Project-Fall 2020
Property & Management Co.
East New York
Acquisition Project
313 Amber Street Brooklyn, NY 11208
Acquisition Overview
• Company
Management
Structure
• Borrower
Summary
• Subject Property
Overview
• Demographics
• Comparable
Home values and
Pricing
• Purchase Analysis
• Commercial
Mortgage Info
• Projected Monthly
Cash Flow,
Market-Value, IRR
Table Of Contents
Company Management Structure
•Rahsaan Browne
•CEO of RLB Property
& Management
Company, has been
in the residential real
estate business for
the past 19 years.
CEO-
Owner
•Sheila Torres
•Licensed CPA with 10
years experience with
a focus on
maximizing a
property's value for
investment purposes.
Asset
Manager
•Cris Jones
•Licensed Real Estate
general agent with 10
years experience
who manages the
day-to-day property
management.
Property
Manager
.
Borrower Summary-RLB Property & Mgmt. Co.
RLB Property and Management Company has been in the residential
real estate business for the past 19 years. The companies focus has
been on developing and managing multi-family dwellings in Brooklyn,
NY.
RLB Property and Management company is looking to acquire an
additional investment property in the East New York section of Brooklyn
to broaden their portfolio.
The company has financial statements, income tax returns, and banking
statements from the last 3-5 years to show business stability. The
guarantor for the company has a 750-credit score with a yearly income
of 150k and previous 2 years tax returns furnished upon request.
Subject Property
Layout
Subject
Property
Overview
Subject
Property
Interior
Demographic
Data
Neighborhood
Economic
Stats & Charts
Neighborhood
Quality Of Life
Data
Estimated Home values-11208
This House
11208
Kings County
New York
EstimatedHome
Values In 11208
Comparable Home Values and Pricing
Comparable Home Values and Pricing
Commercial Mortgage Provider : Delaine Commercial Mortgage Bank
• For our subject property at 311 Amber Street Brooklyn, NY 11208 our company is seeking a
commercial loan from Delaine Commercial Mortgage Bank. We have $200,000 cash available to
utilize as a 20% down payment to do a new acquisition.
• Traditionally Commercial Mortgage loans are up to 85% of loan-to-value (LTV) ideal for established
businesses who have been in business at least 2 years and have excellent credit such as ours.
While commercial mortgage terms range between 5 and 25 years, we are looking to attain a 30-
year mortgage at a 4% fixed rate.
Purchase
Analysis
Buy & Hold
Projection
Monthly
Cash Flow
THANK YOU FOR YOUR BUSINESS

More Related Content

Similar to East New York Development Project

Arizona Home Sellers & Investors | East Coast Investors, Inc.
Arizona Home Sellers & Investors | East Coast Investors, Inc.Arizona Home Sellers & Investors | East Coast Investors, Inc.
Arizona Home Sellers & Investors | East Coast Investors, Inc.
East Coast Investors, Inc.
 
Resume Nicholas Sassano 2016
Resume  Nicholas Sassano 2016Resume  Nicholas Sassano 2016
Resume Nicholas Sassano 2016
Nick Sassano
 
Gladstone Commercial Corporation
Gladstone Commercial CorporationGladstone Commercial Corporation
Gladstone Commercial Corporation
Company Spotlight
 
05.01.2013 - 2012 Annual Report (Wrapper)
05.01.2013 - 2012 Annual Report (Wrapper)05.01.2013 - 2012 Annual Report (Wrapper)
05.01.2013 - 2012 Annual Report (Wrapper)
Rachel Williams
 
Sean Lloyd's Resume
Sean Lloyd's ResumeSean Lloyd's Resume
Sean Lloyd's Resume
Sean Lloyd
 
Money Show.pptx (4)
Money Show.pptx (4)Money Show.pptx (4)
Money Show.pptx (4)
John Aldea
 

Similar to East New York Development Project (20)

Arizona Home Sellers & Investors | East Coast Investors, Inc.
Arizona Home Sellers & Investors | East Coast Investors, Inc.Arizona Home Sellers & Investors | East Coast Investors, Inc.
Arizona Home Sellers & Investors | East Coast Investors, Inc.
 
Jeffrey Rich Resume
Jeffrey Rich ResumeJeffrey Rich Resume
Jeffrey Rich Resume
 
DRF
DRFDRF
DRF
 
NY Equity Investments PPT Deck design
NY Equity Investments PPT Deck designNY Equity Investments PPT Deck design
NY Equity Investments PPT Deck design
 
Stoney Creek Apartments 506c Investment Overview
Stoney Creek Apartments 506c Investment OverviewStoney Creek Apartments 506c Investment Overview
Stoney Creek Apartments 506c Investment Overview
 
Buying Deals off the MLS & BRRR
Buying Deals off the MLS & BRRRBuying Deals off the MLS & BRRR
Buying Deals off the MLS & BRRR
 
Pumped On Property - How to replace your current annual salary through proper...
Pumped On Property - How to replace your current annual salary through proper...Pumped On Property - How to replace your current annual salary through proper...
Pumped On Property - How to replace your current annual salary through proper...
 
Marcus & Millichap / IPA Multifamily Forum: Dallas-Fort Worth
Marcus & Millichap / IPA Multifamily Forum: Dallas-Fort WorthMarcus & Millichap / IPA Multifamily Forum: Dallas-Fort Worth
Marcus & Millichap / IPA Multifamily Forum: Dallas-Fort Worth
 
Resume Nicholas Sassano 2016
Resume  Nicholas Sassano 2016Resume  Nicholas Sassano 2016
Resume Nicholas Sassano 2016
 
Gladstone Commercial Corporation
Gladstone Commercial CorporationGladstone Commercial Corporation
Gladstone Commercial Corporation
 
Real Estate Considerations for Business Owners
Real Estate Considerations for Business OwnersReal Estate Considerations for Business Owners
Real Estate Considerations for Business Owners
 
Webinar: How to pick house & land projects that deliver equity, growth and ca...
Webinar: How to pick house & land projects that deliver equity, growth and ca...Webinar: How to pick house & land projects that deliver equity, growth and ca...
Webinar: How to pick house & land projects that deliver equity, growth and ca...
 
05.01.2013 - 2012 Annual Report (Wrapper)
05.01.2013 - 2012 Annual Report (Wrapper)05.01.2013 - 2012 Annual Report (Wrapper)
05.01.2013 - 2012 Annual Report (Wrapper)
 
Jailette om powerpoint
Jailette om powerpointJailette om powerpoint
Jailette om powerpoint
 
Your next home july 2015 (1)
Your next home   july 2015 (1)Your next home   july 2015 (1)
Your next home july 2015 (1)
 
Jeremy CV
Jeremy CVJeremy CV
Jeremy CV
 
Proposal Presentation 111 Lougheed Road
Proposal Presentation 111 Lougheed RoadProposal Presentation 111 Lougheed Road
Proposal Presentation 111 Lougheed Road
 
Rent-to-Own Proposal Presentation - Barrie project
Rent-to-Own Proposal Presentation - Barrie projectRent-to-Own Proposal Presentation - Barrie project
Rent-to-Own Proposal Presentation - Barrie project
 
Sean Lloyd's Resume
Sean Lloyd's ResumeSean Lloyd's Resume
Sean Lloyd's Resume
 
Money Show.pptx (4)
Money Show.pptx (4)Money Show.pptx (4)
Money Show.pptx (4)
 

More from Rahsaan L. Browne

More from Rahsaan L. Browne (10)

Mapping Inequality:How does the historical practice of redlining relate to co...
Mapping Inequality:How does the historical practice of redlining relate to co...Mapping Inequality:How does the historical practice of redlining relate to co...
Mapping Inequality:How does the historical practice of redlining relate to co...
 
Sustainable Real Estate Research Assignment Spring 2021.doc
Sustainable Real Estate Research Assignment Spring 2021.docSustainable Real Estate Research Assignment Spring 2021.doc
Sustainable Real Estate Research Assignment Spring 2021.doc
 
588 W Merrick Road_Proposal.pdf
588 W Merrick Road_Proposal.pdf588 W Merrick Road_Proposal.pdf
588 W Merrick Road_Proposal.pdf
 
Silverstein 5WTC Mock Development.pptx
Silverstein 5WTC Mock Development.pptxSilverstein 5WTC Mock Development.pptx
Silverstein 5WTC Mock Development.pptx
 
The History Of Affordable Housing in New York City
The History Of Affordable Housing in New York CityThe History Of Affordable Housing in New York City
The History Of Affordable Housing in New York City
 
Local Law 97
Local Law 97Local Law 97
Local Law 97
 
Tenement Housing docx.pdf
Tenement Housing docx.pdfTenement Housing docx.pdf
Tenement Housing docx.pdf
 
140 Lexington Avenue New York,NY Written Analysis
140 Lexington Avenue New York,NY Written Analysis140 Lexington Avenue New York,NY Written Analysis
140 Lexington Avenue New York,NY Written Analysis
 
Amazon-Taiwan
Amazon-TaiwanAmazon-Taiwan
Amazon-Taiwan
 
140 Lexington Avenue New York,NY
140 Lexington Avenue New York,NY 140 Lexington Avenue New York,NY
140 Lexington Avenue New York,NY
 

Recently uploaded

The Superior Living Batisehir - Listing Turkey
The Superior Living Batisehir - Listing TurkeyThe Superior Living Batisehir - Listing Turkey
The Superior Living Batisehir - Listing Turkey
Listing Turkey
 
Listing Turkey - 2024 - May Featured Portfolio
Listing Turkey - 2024 - May Featured PortfolioListing Turkey - 2024 - May Featured Portfolio
Listing Turkey - 2024 - May Featured Portfolio
Listing Turkey
 
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
Obat Cytotec
 
Land as a Resource for urban finanace- 24-1-23.ppt
Land as a Resource  for urban finanace- 24-1-23.pptLand as a Resource  for urban finanace- 24-1-23.ppt
Land as a Resource for urban finanace- 24-1-23.ppt
JIT KUMAR GUPTA
 

Recently uploaded (20)

Investing in Dubai's Real Estate in 2024
Investing in Dubai's Real Estate in 2024Investing in Dubai's Real Estate in 2024
Investing in Dubai's Real Estate in 2024
 
Investing-In-Commercial-Real-Estate-2024
Investing-In-Commercial-Real-Estate-2024Investing-In-Commercial-Real-Estate-2024
Investing-In-Commercial-Real-Estate-2024
 
The Superior Living Batisehir - Listing Turkey
The Superior Living Batisehir - Listing TurkeyThe Superior Living Batisehir - Listing Turkey
The Superior Living Batisehir - Listing Turkey
 
Housing Price Regulation Thesis Defense by Slidesgo.pptx
Housing Price Regulation Thesis Defense by Slidesgo.pptxHousing Price Regulation Thesis Defense by Slidesgo.pptx
Housing Price Regulation Thesis Defense by Slidesgo.pptx
 
Purvanchal Skyline Vista Noida Expressway Sector 94
Purvanchal Skyline Vista Noida Expressway Sector 94Purvanchal Skyline Vista Noida Expressway Sector 94
Purvanchal Skyline Vista Noida Expressway Sector 94
 
Unveiling the Veil: The Top Challenges with Estate Agents?
Unveiling the Veil: The Top Challenges with Estate Agents?Unveiling the Veil: The Top Challenges with Estate Agents?
Unveiling the Veil: The Top Challenges with Estate Agents?
 
Listing Turkey - 2024 - May Featured Portfolio
Listing Turkey - 2024 - May Featured PortfolioListing Turkey - 2024 - May Featured Portfolio
Listing Turkey - 2024 - May Featured Portfolio
 
Top^Clinic ^%[+27785538335__Safe*Abortion Pills For Sale In Ebony park tembisa
Top^Clinic ^%[+27785538335__Safe*Abortion Pills For Sale In Ebony park tembisaTop^Clinic ^%[+27785538335__Safe*Abortion Pills For Sale In Ebony park tembisa
Top^Clinic ^%[+27785538335__Safe*Abortion Pills For Sale In Ebony park tembisa
 
Kohinoor Viva Pixel Dhanori Pune Brochure.pdf
Kohinoor Viva Pixel Dhanori Pune Brochure.pdfKohinoor Viva Pixel Dhanori Pune Brochure.pdf
Kohinoor Viva Pixel Dhanori Pune Brochure.pdf
 
Are You Thinking About Selling Your House Soon? | KM Realty Group LLC
Are You Thinking About Selling Your House Soon?  | KM Realty Group LLCAre You Thinking About Selling Your House Soon?  | KM Realty Group LLC
Are You Thinking About Selling Your House Soon? | KM Realty Group LLC
 
MI NOVA 6+6 LED SURGICAL LIGHTS Morbros India
MI NOVA 6+6 LED SURGICAL LIGHTS Morbros IndiaMI NOVA 6+6 LED SURGICAL LIGHTS Morbros India
MI NOVA 6+6 LED SURGICAL LIGHTS Morbros India
 
Chennai top 10 builders | best builders in chennai
Chennai top 10 builders | best builders in chennaiChennai top 10 builders | best builders in chennai
Chennai top 10 builders | best builders in chennai
 
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
OBAT PENGGUGUR KANDUNGAN usia 15 17 18 Minggu janin ( 5 bulan ) dengan alami ...
 
Land as a Resource for urban finanace- 24-1-23.ppt
Land as a Resource  for urban finanace- 24-1-23.pptLand as a Resource  for urban finanace- 24-1-23.ppt
Land as a Resource for urban finanace- 24-1-23.ppt
 
SVN Live 5.20.24 Weekly Property Broadcast
SVN Live 5.20.24 Weekly Property BroadcastSVN Live 5.20.24 Weekly Property Broadcast
SVN Live 5.20.24 Weekly Property Broadcast
 
VTP Dhanori Pune Residential Apartment Brochure.pdf
VTP Dhanori Pune Residential Apartment Brochure.pdfVTP Dhanori Pune Residential Apartment Brochure.pdf
VTP Dhanori Pune Residential Apartment Brochure.pdf
 
Improvise, Adapt, Overcome - Sales Meeting, May '24
Improvise, Adapt, Overcome - Sales Meeting, May '24Improvise, Adapt, Overcome - Sales Meeting, May '24
Improvise, Adapt, Overcome - Sales Meeting, May '24
 
Ashiana Vatsalya Senior Living Mahindra World City, Chennai
Ashiana Vatsalya Senior Living Mahindra World City, ChennaiAshiana Vatsalya Senior Living Mahindra World City, Chennai
Ashiana Vatsalya Senior Living Mahindra World City, Chennai
 
Kohinoor Greentastic At Kharadi, Pune - PDF.pdf
Kohinoor Greentastic At Kharadi, Pune - PDF.pdfKohinoor Greentastic At Kharadi, Pune - PDF.pdf
Kohinoor Greentastic At Kharadi, Pune - PDF.pdf
 
Edenic Parth Kiona Hinjewadi | A Return To Better Living
Edenic Parth Kiona Hinjewadi | A Return To Better LivingEdenic Parth Kiona Hinjewadi | A Return To Better Living
Edenic Parth Kiona Hinjewadi | A Return To Better Living
 

East New York Development Project

Editor's Notes

  1. Estimated Home Values -11208