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Buying Condominium Units for Vacation Rental
                    Or
          Long-term Tenant Leases

                August 2012
Opportunity
The Acquisition of Condominium Units in North
 Scottsdale for Vacation rental or long term lease rental.
Buying Foreclosures, Bank Owned, Short Sales and
 Traditional Sales at distressed or undervalued pricing.
Positive Cash Flows.
Opportunity for a large Property Value Appreciation.
Low Cost Investment – Percentage ownership starting at
 $10,000.
Minimizing your financial risk and maximizing your
 investment potential by pooling funds.
Providing a pool of properties that you can vacation at for
 a discounted price.
Estimated Yearly Financial Forecast
Vacation Rental:
Income                                     $29,600
Expenses                                   $19,165
Net Income                                 $10435
Return on Total Investment                 5.79%
Return on Cash Investment                  16.56%
Long Term Lease:
Income                                     $16,800
Expenses                                   $13,469
Net Income                                 $ 3,331

Return on Total Investment                 1.85%
Return on Cash Investment                  5.29%

Note: Forecast based on Purchase Price of $180,000 and Cash Investment of $63000. All
      figures based on USD Funds
Typical Properties

UNIT ONE – TWO BEDROOM – TWO BATHROOM – Asking $179,000




UNIT TWO – TWO BEDROOM – TWO BATHROOM – Asking $160,900




    UNIT THREE – TWO BEDROOM – TWO BATHROOM - Asking
                        $179,000


UNIT FOUR – TWO BEDROOM – TWO BATHROOM – Asking $179,900
Contact Information
Jindy Manhas
Re/Max Excalibur Realty
PH: 480-304-2038
TF: 800-317-1621
FX: 800-317-1622
jindymanhas@remax.net
jdmanhas@hotmail.com
www.jindymanhasazhomes.com

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Friends & family pp 97 2003

  • 1. Buying Condominium Units for Vacation Rental Or Long-term Tenant Leases August 2012
  • 2. Opportunity The Acquisition of Condominium Units in North Scottsdale for Vacation rental or long term lease rental. Buying Foreclosures, Bank Owned, Short Sales and Traditional Sales at distressed or undervalued pricing. Positive Cash Flows. Opportunity for a large Property Value Appreciation. Low Cost Investment – Percentage ownership starting at $10,000. Minimizing your financial risk and maximizing your investment potential by pooling funds. Providing a pool of properties that you can vacation at for a discounted price.
  • 3. Estimated Yearly Financial Forecast Vacation Rental: Income $29,600 Expenses $19,165 Net Income $10435 Return on Total Investment 5.79% Return on Cash Investment 16.56% Long Term Lease: Income $16,800 Expenses $13,469 Net Income $ 3,331 Return on Total Investment 1.85% Return on Cash Investment 5.29% Note: Forecast based on Purchase Price of $180,000 and Cash Investment of $63000. All figures based on USD Funds
  • 4. Typical Properties UNIT ONE – TWO BEDROOM – TWO BATHROOM – Asking $179,000 UNIT TWO – TWO BEDROOM – TWO BATHROOM – Asking $160,900 UNIT THREE – TWO BEDROOM – TWO BATHROOM - Asking $179,000 UNIT FOUR – TWO BEDROOM – TWO BATHROOM – Asking $179,900
  • 5. Contact Information Jindy Manhas Re/Max Excalibur Realty PH: 480-304-2038 TF: 800-317-1621 FX: 800-317-1622 jindymanhas@remax.net jdmanhas@hotmail.com www.jindymanhasazhomes.com