EFTA02708334

MOM losom" 3 BEDROOM DETACHED COLONIAL LOCATED IN EASTPOINTE CURRENTLY LET AT $900 pcm NET YIELD 14% $58,000 EF1A_R1_02109417 PROT0 :9 : us • :9 • Property Description Watch a video of this property FINANCIAL ...4rt Real Time •• •• •• Investments war ea, C't 2 Purchase price of: RI Actual rent of: PI Positive Cash flow of: 2 Annual Return on Capital: 2 Yield on Purchase Price: t/, Full Management in Place $58,000 $900 pcm. $7,916 p.a. 19% 14% THE PROPERTY 2 O RI A z 3 bedroom. Detached, brick built 1 receptions, private front and rear yard Detached garage Internal size 1,191 sq. ft. Total lot size 4,357 sq. ft. Large Finished Basement Delivered fully refurbished and let PROT6 PROT1 Cost and Cash flow Breakdown ...4rt Real Time EN •• •• Investments CASH OUTLAY $ (USD) £ (GBP) 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 ESTIMATED COSTS 5200 £125 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 Sterling we suggest you go to our home page where there is a currency converter. www.reaximeinvest.c,ore For example only. the exchange rate used is Et = $1.60 PROT7 PROT2 Property Area & Info f IV I tr4II I 164.O i f•••••1 r f t III•0•00,r " . 1 I P. n ... 1 %.• 19 • ' • . 4. 1 is' a" i S. 1 .O.-17;r. / 1 c I, . %Af t t meen.4•••• i I r go 1 c I i 1' r I 4. I uwor • ... .... i t i t l i I 0--: s i , , WI... Sr I f 1 t t i 1 t I I t I i 'DOWD t 0 Isola •601•00 i low wine.. i c.o.... Gwen,' t LMO•KOO 1 46% % C....Mr COM.. Av. 1 I 1 inor".. R 4_. ittlee I 1 iti f it 3 !MW f t Click here for a Street View of this property .4rt..•.. Real Time •• •• •• 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. I;110t FASIPOINTI• PROT8 PROT3 Area Information and Trends EASTPOINTE, MICHIGAN $14OK 11:21. $100K il3OK %OK 14.3r 1201r Wer Median Sales Price If I Jan 2000an 2001so 2003en 2003an T2004an I2000eon 2000an 2003fin 2008en 2009en 2010en 2011Ien 201aen 2013 • Al Properties 153K Se.2fr 152K $51K 151K 550K goy Average Listing Pries CN:t1On1e.rvl I 31 ref PCTI Ms 20.13 1.1ar 27 1 3 MI Al properties Apr 03.13 Afn 10'13 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 I • *nap as a Waft nor it Aosta Si Oar .2 4 MO 4, sea, (i) Waal* OAP PM I C.00,••• 0.a• Leta C aar fly Gut, of Dv!, CaGSY, Pea* farm PROT9 PROT4 A Real Time Investments Contact Real Time Investments to take advantage of this opportunity USA office 24123 Greenfield Road Suite 304 Southfield, MI 48075, USA Tel: +1 313 980 9902 London office 20 Hanover Square Mayfair London, W1S 1JY Tel: 020 3585 3693 salesMrealtimeinvest.com www.realtimeinvest.com You Tuba"! Leicester office 143 Loughborough Road Leicester LE4 5LR Tel: 0116 268 8883 Fax: 0116 266 2956 PROT5