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Proposal Presentation 13 Ecclestone Drive

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Rent-to-own investment opportunity in Brampton, It will provide 20% ROI per year. Great opportunity with stable rent-to-own client.

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Proposal Presentation 13 Ecclestone Drive

  1. 1. Joint Venture Opportunity Detached House in Brampton 3 Bedroom, 2.5 Bath 13 Ecclestone Drive, Brampton, Ontario Thomas Wong www.happinessinspiration.com 416-806-9568 [email_address]
  2. 2. The Project <ul><li>The property is a Detached house in a convenient location in central part of Brampton. </li></ul><ul><li>The house is originally listed for $297,500. The is in good conditions. </li></ul><ul><li>We got the offer accepted to buy the property for $281K. The current closing house is set for November 19, 2009. </li></ul><ul><li>The market value is around $296K </li></ul><ul><li>We have a confirmed rent-to-own tenant, signed a Lease Option agreement. The tenant already paid $2,000 toward the purchase deposit. The tenant is planning to move into the property by December 1, 2009. </li></ul><ul><li>Using Lease Option program as the exit strategy, potential profit in 3 year will be around $49K </li></ul>
  3. 3. The Opportunity <ul><li>Project Finder/ Real Estate experts invest </li></ul><ul><ul><li>5% of cash investment ($2,820) </li></ul></ul><ul><ul><li>Over 50 hours of time and expertise </li></ul></ul><ul><li>Cash partners invest: </li></ul><ul><ul><li>95% of the cash investment ($53,571) </li></ul></ul><ul><li>RRSP 2 nd mortgage of $12,000 </li></ul><ul><li>Split profit 35-65 ($17K - $32K) </li></ul>
  4. 4. Key Features of the Property <ul><li>3 bedrooms, 2.5 baths detached house </li></ul><ul><li>Convenient location in Central Brampton </li></ul><ul><li>Double garage </li></ul><ul><li>Finished basement with separate entrance </li></ul><ul><li>New Roof </li></ul>
  5. 5. Profile of the tenant <ul><li>A family of 4 (Husband and wife and 2 children) </li></ul><ul><li>The lady just finished maternity leave and got back into the workforce as a nurse. </li></ul><ul><li>Their combined income is about $80,000 </li></ul><ul><li>The lady’s credit score is about 639 and the husband’s credit score is about 551. </li></ul><ul><li>They only need to save a bit more down payment to get a good mortgage. With their improved income (additional income from the wife), they are on track to improve their credit. </li></ul><ul><li>They are ready to sign a lease with option to purchase agreement and put a deposit of $2000 to confirm their participation in the rent-to-own program. The total initial deposit from the tenant will be $8,000, to be collected before they move into the property. </li></ul>
  6. 6. Financial Assumptions
  7. 7. Benefit to Lessee
  8. 8. Joint Venture Profit -1
  9. 9. Joint Venture Profit - 2
  10. 10. Joint Venture Return Analysis
  11. 11. Map of the Area
  12. 12. Questions & Answers
  13. 13. Sample Pictures of Projects
  14. 14. We turn real estate opportunities into Happiness Inspirations

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