Post on 25-May-2015
description
Joint Venture OpportunityMariposa House in Orillia, Ontario3 Bedroom Detached Family Dwelling for Lazery Family
Presented by:Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com
www.RentToOwnOntarioHome.comRachel Oliver · Clover Properties · 416 450 1940
• Potential profit for cash investor(s) over 3 years is around $64K
• The chosen lot is a 30 ft smart lot located in the newly constructed West
Ridge Place just outside downtown Orillia
• Newly constructed property being sold by builder (Mariposa Homes)
• Target purchase price is $210,000 CND
• Comparables in the area average at $240,000 – 245,000.
• The chosen tenant is a family of 6 – The Lazery Family
• The rent-to-own tenant has been fully screened and confirmed
• Committed to move into the property after November 1, 2009
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
• Project Finder/ Real Estate experts invest– 5% of cash investment ($2,666)– Over 50 hours of time and expertise
• Cash partners invest:– 95% of the cash investment ($50,659)
• Split profit 34-66 ($15K - $30,620K)
• A family of 6 (husband, wife and 4 young kids ages 2-10 ) • The husband, Sean has steady employment with K.D. Clair as
a Health and Safety Manager• The wife, Vanessa won a battle with thyroid cancer and plans
to return to work in winter 2009/10• Current annual income is over $60,000• Credit is bruised due to Vanessa ‘s illness and income loss• Credit damage is repairable within 2-3 years• Tenant signed lease with option to purchase agreement • Tenant investing $3000 to enter the rent-to-own program
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.comRachel Oliver · Clover Properties · 416 450 1940
• West Ridge Place is Orillia’s fastest growing and most dynamic
neighborhood community
• Has proven to be Orillia’s location of choice for new home living
• Nearby amenities and services include shops, restaurants, movie
theatres and professional services to meet the demands of family living
• Home to over 500 families, this community is proving to be one of the
city’s most desirable residential locations
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
Investment
Property Lot
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
• House is within short driving distance to Lake Simcoe, downtown Orillia
• 1870 Sq. Ft. detached house
• 30 FT Smart Lot
• 3 bedrooms with home office/den, 2.5 baths
• Appliances package provided by builder
• Convenient access to HWY 400
• Attached single garage
• Ceramic flooring in kitchen
• Main floor laundry
www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940
Why Invest?
• Orillia is a high growth area with steady appreciation
• Solid 20% ROI per year on your investment• Positive cash flow paid out quarterly• About 6% of ROI paid annually from cash flow
For more information:www.CloverProperties.ca
Rachel OliverReal Estate Investor, Rent to Own Specialist
416-450-1940