Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Proposal Presentation 13 Ecclestone Drive


Published on

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

  • Be the first to comment

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 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