Note: My company is not an agent or a broker. We are assisting one of our coaching clients in growing their business.
Reminder: all properties have a tenant in place and when cash on cash return is stated this means the best estimate return on investment after deducting insurance, taxes and property management fees. A buyer pays cash and collects the rent checks. All else is handled. And of course your money is secured by the property which is titled in your name or your company name as you prefer.
Single Family Residential Turnkey Home
This property is newly renovated. Purchase Price $43,567 Cash on Cash Return 16.9% Fantastic opportunity Click Here for pictures and additional details
6 Single Family Residential Turnkey Homes – Buy One or More
These properties are under contract have tenants and require very little renovation. Purchase price ranges from $39,400 to $50,500 The cash on cash return for each property is 15.6% Call or email me for more information. (Contact information at the end of the article) These are new into our pipeline and I should have them on this site in the next day or so.
60 Single Family Residential Homes – Bulk Buy
Purchase Price $2,075,000 Cash Cash on Cash ROI is 14.3% Click Here for more information In summary,these homes are in great condition and should not need any significant repairs for more than 5 yearsl
How To Calculate The Number of Years You Have All Your Money Back and Remember You Already Own The Property
Step 1 Divide 100 by the stated cash on cash return on investment
Step 2. There is no Step 2
Example for a 15.6% cash on cash return on investment 100 divided by 15.6% is 6.4. So that is 6.4 years. .4 of a year is .4 times 12 months or just about 5 months. So in this example you own the property, it continues to pay you income and you have all of your original cash investment back in 6 years and 5 months. If you brought properties for $100,000 you would have those properties plus any appreciation value (in today’s market you can reasonably count on the properties we market to appreciate – ask me what I think.) So you have the properties plus your $100,000 back in the bank or your IRA. So in six years and 5 months you have doubled your money then you go on to continue to make money from the property with no money in the deal That is why I love this model.
A Great Leverage Idea
What is leverage? This is where you use your money along with other people’s money to build an even bigger portfolio of assets and cash flow. For example you buy turnkey residential houses with a cash on cash ROI of 15.6% So to accelerate your growth you buy the properties cash and then finance the properties on a loan for say 30 years at a 6% interest rate. Now you are earning 9.4% cash on cash and then since you have your $100,000 back you are able to buy more properties and do it all over again. Will it work this way. It could more than likely a financial institution will not loan you all of the $100,000 maybe it is $70,000. We are developing our financial network for you so you will have options like this available to you.
For more information
Steve Pohlit, Managing Partner