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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
1 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
Investment Opportunity
1,114 SQ FT SINGLE FAMILY HOME
3 BEDROOM, 1.5 BATHROOM RANCH
PURCHASE PRICE: $85,000
REHAB BUDGET: $22,000
AFTER REPAIR VALUE:
MINIMUM $140,000 – MAXIMUM $170,000
URGENT CLOSING: FRIDAY, AUGUST 17, 2012
SEEKING GAP FUNDS FOR REHAB AND REMAINING BALANCE
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
2 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
Any representations made are estimates only.
All details should be confirmed before any purchase of real
estate.
DISCLOSURE
This is not an offering, but is merely a business plan which can be used to help an investor
evaluate the benefits and risks of this proposed real estate investment. An offering document or
private memorandum offering must be received and reviewed before any decision to invest in
this business can be made.
Material contained in this document is confidential, and furnished solely for the purpose of
considering investment in the property described therein, and is not to be copied and/or used for
any other purpose or made available to any other person without the express written consent of
Owner.
The information in this package has been prepared to provide summary information to
prospective purchasers and to establish a preliminary level of interest in the property described
herein. It does not, however, purport to present all material information regarding the subject
property, and it is not a substitute for a thorough due diligence investigation.
The information contained in this business plan has been obtained from sources believed to be
reliable; however Owner has not conducted any investigation regarding these matters and
makes no warranty or representation whatsoever regarding the accuracy or completeness of the
information provided. Any estimates of rates of return or assumptions are for example only and
do not necessarily represent the current or future performance of the property.
Owner reserves the right to withdraw, modify, or cancel this investment if it does not generate
enough interest in the property to complete its purchase.
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
3 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
Financials Overview
PROPERTY ADDRESS 5805 S. 39TH STREET,
MILWAUKEE WI 53221
ASKING PRICE $109,900
PROPERTY SQUARE FOOTAGE 1114
PRICE PER SQUARE FOOT $98.66
HOLDING PERIOD 4 Months
PURCHASE PRICE $85,000
PURCHASE PRICE PER SQUARE FOOT $76.31
FAIR MARKET VALUE/AFTER REPAIR VALUE RANGE $140K TO $170K = $150,000
MONARCH PROPERTY INVESTMENTS CONTRIBUTION – EARNEST MONEY DEPOSIT $1,000
PAID 7.24.12
MONARCH PROPERTY INVESTMENTS CONTRIBUTION – APPRAISAL FOR HML $400
COSTS PAID DURING REHAB
PURCHASE PRICE $85,000
PURCHASE ESCROW AND VACANT POLICY INSURANCE $1,340
FUNDS TO REHAB $22,000
HARD MONEY LOAN 5 POINTS 12% INTEREST – MONTHLY HOLDING COST 4 MONTHS – TOTAL HOLDING COSTS
$5, 420 $1,138 $4,552
COSTS PAID AFTER REHAB
AFTER REPAIR VALUE/SALES PRICE $150,000 REALTOR FEES AND SALES ESCROW EXPENSE $11,000 REMAINING HML BALANCE $68,000 TOTAL PROJECT PROFIT $150,000 - $11,000 - $68,000 = $71,000
PAYBACK OF GAP INVESTOR $71,000 - $50,312 = $20,688
ESTIMATED PROFIT SPLIT: GAP 50%/PROJECT MANAGER 50% $20,688/2 =
$10,344 EACH
RETURN / INVESTMENT = ROI $10K / $50K = 20% 20% TOTAL PROJECT FINANCIALS SOUGHT
PURCHASE PRICE LESS EMD $85,000 - $1,000 = $84,000
PURCHASE PRICE LESS HML $85,000 - $68,000 = $17,000
PURCHASE ESCROW AND VACANT POLICY INSURANCE $1,340
REHAB BUDGET $22,000
HML POINTS $5,420
HOLDING COSTS $4,552
TOTAL FUNDING SOUGHT $17,000 + $1,340 + $22,000 +
$5,420 + $4,552 = $50,312
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
4 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
ALL CASH INVESTMENT OPTION
PROPERTY ADDRESS 5805 S. 39TH STREET,
MILWAUKEE WI 53221
ASKING PRICE $109,900
PROPERTY SQUARE FOOTAGE 1114
PRICE PER SQUARE FOOT $98.66
HOLDING PERIOD 4 Months
PURCHASE PRICE $85,000
PURCHASE PRICE PER SQUARE FOOT $76.31
FAIR MARKET VALUE/AFTER REPAIR VALUE $150,000
MONARCH PROPERTY INVESTMENTS CONTRIBUTION – EARNEST MONEY DEPOSIT $1,000
PAID 7.24.12
COSTS PAID DURING REHAB
PURCHASE PRICE LESS EMD $84,000
PURCHASE ESCROW AND VACANT POLICY INSURANCE $1,340
FUNDS TO REHAB $22,000
TOTAL ALL CASH INVESTMENT SOUGHT $107,500 COSTS PAID AFTER REHAB
AFTER REPAIR VALUE/SALES PRICE $150,000 REALTOR FEES AND SALES ESCROW EXPENSE $11,500 PAYBACK ALL CASH INVESTOR $107,500 TOTAL POTENTIAL PROFIT USING ALL CASH $150K - $11,500 - $107,500 = $31,000
PROFIT SHARE 50%/50% $31,000/2 =
$15,500 EACH
TOTAL INVESTMENT/RETURN = ROI $15,500/$107,500 = 14%
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
5 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
Subject Property Photo Gallery
FRONT OF HOUSE 1
BACKYARD AND BACK OF HOUSE 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
6 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
SIDE VIEW W/ DETACHED GARAGE 1
STORAGE SHED IN BACKYARD 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
7 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
LIVING ROOM AREA 1
DINING ROOM AREA 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
8 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
FULL BATH 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
9 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
HALF BATH 1
RANCH HALLWAY 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
10 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
KITCHEN AREA 1
KITCHEN AREA 2
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
11 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
BASEMENT AREA 1
MASTER BEDROOM 1
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
12 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
MASTER BEDROOM 2
MASTER BEDROOM 3
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
13 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
REHAB CONTRACTOR BIDS
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
14 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
15 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
16 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
17 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
18 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
19 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
20 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
21 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
22 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
23 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
24 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]
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July 2012 5805 S. 39TH
ST MILWAUKEE WI 53221
25 Monarch Property Investments
(262) 385-6926 (262) 385-0347 [email protected]