Atlanta and Baltimore PBS real estate investment Powerpoint
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This is the educational presentation I made at two PBS stations to local real estate investors who bought an educational package during a contribution week.
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Atlanta and Baltimore PBS real estate investment Powerpoint
- 2. 1.9th Fastest Growing metro over 1 million people 2.Top Ten for the last 5 years on job growth 3.2.8% unemployment 4.6% below the national cost of living average 5.No dips in value in the last 19 years Why Invest in Oklahoma City Real Estate?
- 3. • Team leader • Financial controller • Contract to close coordinator • Logistics, operations, and communication coordinator It is best to work with a professional team • Secretary and data entry specialist • Individual city real estate investment specialist • Third parties of builders, lenders, insurances agents, home inspectors, and property managers. What does a team look like?
- 4. 1. Leverage 2. The time value of money 3. Economies of scale 4. Net pricing 5. Security of sales year round How we negotiate under market values with builders
- 5. 1. The critical component 2. You should have choices 3. The importance of vetting 4. How to retain tenants 5. Move in and move out virtual tours Property management
- 6. Todd Cooper Homes Todd Cooper is personally involved in every home he builds Piedmont and both Mustang neighborhoods are at $136 SF average, Todd’s are $113SF 3 CM granite, Center Island, Stainless appliances Brick exteriors, custom shutters, large covered patios and porches Fireplace with gas logs, 5.25” baseboard in living areas and master bedroom
- 7. Todd Cooper Plan Details Plan SF Rooms Price Custom 1712/1715/1730 4/2/2 $189,900 Todd Cooper Financial Breakdown Plan Mortgage Payment Rent Cash Flow Custom $151,920 $1,245 $1495-$1595 $250-$350 Payment includes property management fee. Mortgage figured at 20% down at 5.5% interest rate for 30 years.
- 8. Spreadsheet Analysis - 7 Year Hold Todd Cooper Single Family Home Capitalization Rate 7.04 % Cash on Cash Return 8.24 % Equity build Yearly 5.24 % Internal ROI After Tax 16.62 % Internal ROI Before Tax 22.92 % Average sales price of new homes $126SF Todd Cooper home $111SF
- 10. Summit Ridge Duplexes Easy Access to both Downtown Oklahoma City & Edmond Quartz counters, brick construction, stainless appliances HOA does mowing and lawn care Major Entertainment center going in 1.5 miles away Washers, Dryers, Refrigerators Included
- 11. Summit Ridge Plan Details Plan SF Rooms Price Shasta Quad 3900 3/1/1 $429,900 Apex Duplex 1950 2/2/1 $224,900
- 12. Summit Ridge Duplexes Financial Breakdown Fixed Rate 30 years Plan Mortgage Payment Rent Cash Flow Shasta Quad $322,425 $2662 $3500-$3900 $838-$1238 Apex $168,675 $1357 $1895-$2095 $538-$738 Payment includes property management fee. Mortgage figured at 25% down at 4.625% interest rate for 30 years.
- 13. Spreadsheet Analysis - 7 Year Hold Summit Ridge Duplex Capitalization Rate 7.99 % Cash on Cash Return 11.80 % Equity build Yearly 4.14 % Internal ROI After Tax 12.54 % Internal ROI Before Tax 17.29 % Typical Appraisal Value $235,000
- 15. Getting In Touch Please contact me at Joe@JoePryor.com or via the dedicated phone numbers below. Email me to get access to the exclusive Dropbox folder full of comprehensive information. To access this slide online at your own convenience, please visit slideshare.com/joepryor joepryor1247 405-293-2017 405-590-2135