Closing our third home!
5 things to look at before buying :
- Schools Grading : 10 : CHECK OK
- (Elementary, Middle, High : all 10)
- Technology companies : CHECK OK
- Amazon, Microsoft
- Rental Income : CHECK OK
- Craigslist (below)
- Property Growth : 10 % YoY
- Tech Companies
- Home condition : Check OK
Excellent opportunity in Seattle.
- Home Price: $750, 000
- Property Tax : $6279
- Monthly Rental : $4000 (Craiglist)
- Yearly Income = $48,000 ($4000 * 12 : Rent) – $6279(Tax ) – $4800 ( $400 * 12 : Maintenance) = $37000 = 5%
- Plus Appreciation = 10 % a year
Once deal closes, we take a loan of 50% and return to investors.
Loan Amount = 50% loan = $380,000. Loan Monthly payment = $1600
Setup a system to sell if 50% or more people agree to sell the home. Or a person can sell his share to anyone else.
- Ankur Kuchlous
Send Email to : firstname.lastname@example.org