EFTA00295169.pdf

Real Time BEECHWOOD AVE., EASTPOINTE, MI Investments - E R II M•MI•N• 3 BEDROOM DETACHED COLONIAL LOCATED IN EASTPOINTE CURRENTLY LET AT $900 pcm NET YIELD 14% EFTA00295169  • m• Real lime so ■ Property Description NE ; EN Investments mi •X X•• • • • • • • •• ••• • • • X FINANCIAL THE PROPERTY 1_,!'. Purchase price of: $58,000 O 3 bedroom, Detached. brick built IZ Actual rent of: $900 pcm. O 1 receptions, private front and rear yard EL Positive Cash flow of: $7,916. O Detached garage [Z. Annual Return on Capital: 19% O Internal size 1,191 sq. ft. Watch a video of this property ry: Yield on Purchase Price: 14% O Total lot size 4.357 sq. ft. Full Management in Place • Large Finished Basement IZ Delivered fully refurbished and let EFTA00295170  I • Real Time Es •- m Cost and Cash flow Breakdown EE ; EN Investments I ■ • • • • I • ■ • • • • • • • • • • CASH OUTLAY $ (USD) £ (GBP) CASH FLOW $ (USD) AGREED PRICE $58,000 £36,250 Annual Monthly GROSS RENTAL SOLICITOR FEES $450 £281 $10,800 $900 INCOME LETTING AGENTS TITLE INSURANCE $350 £219 $864 $72 FEES 8% ADMIN CLOSING ESTIMATED $200 £125 $1,320 $110 COSTS PROPERTY TAXES ITIN, LLC FORMATION $576 £360 BUILDING INSURANCE $700 $58 AND BANK ACCOUNT* TOTAL INVESTMENT $59,576 £37,235 NET RENTAL INCOME $7,916 $660 • Optional GROSS YIELD 19% NET YIELD 14% Conversion rates - US Dollars to STERLING To convert from US dollars to Stoning we su est u to our home page where there is a currency converter. For example only. the exchange rate used is £1 = $1.60 EFTA00295171  • 0 • U. Real Time Property Area & Info •• ; Es Investments al • • • • • • • • • • • • • • • • • • Eastpointe (pop. 32,442), t Macomb County, is famous for its t summer festivals and winter events • nest •• toY C••• fstseti many centred on the John F Kennedy Memorial Park. It boasts It the best fresh water boating in the area. Its neighbours are the I 1 fashionable Grosse Pointe and St f t t Yoe Maw& Clair shores. Lake St Clair is just 5 te miles (8Km) to the east. It is proud it vv. GOO& Plet Veva An kg. of its educational facilities that • Unfer/X0 I ! I 4...% , % stretch from pre-school through to Ph\ ra...m...m adult colleges. Commercially, it is Click here for a Street more of a resort than a city. View of this property EFTA00295172 Area Information and Trends EN•IEN•NE•• • EASTPOINTE, MICHIGAN Median Sales Price The median sales price for homes in 'Apt. 'ru'ia Eastpointe MI for Jan 13 to Mar 13 was 4 W. $52,350. This represents an increase of 6.8%, or $3,350, compared to the prior quarter and an increase of 16.3% compared to the prior year. Sales prices have SO. - depreciated 36.4% over the last 5 years in 160K - Eastpointe $401- 120K 10K - Jen 2000an 2000en 2003an 2003an 200/en 200San 2000lan 2003an 2000an 2009an 2010an 201Van 2012en 2013 ■ Al properties Avsrag• Listing Prie• Eestponte • M i Al properties truha 153K- $57.n 1521( 1529 151K 1511( 350K SSP( Mee 20 '13 Mn 27 13 Apr 93'13 Apr 10'13 ■ AS pigsties EFTA00295173  No ■ so Real Time EN i so Investments • • ■ • • • • • • • • 0 Contact Real Time Investments to take advantage of this opportunity mei I, AN Tube USA office London office Leicester office 24123 Greenfield Road Suite 20 Hanover Square 143 Loughborough Road 304 Mayfair Leicester Southfield. MI London. W1S 1JY LE4 5LR 48075, USA EFTA00295174