EFTA00295169.pdf

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