$250,000 - Rehab Cost: $200,000

• 10% Guaranteed return while under construction

• Adding value, as remodel a 1 unit to make 3 Units

• 3 units with 3 br and 1 Bath each renting for $1900 each or $68,400 a year income

• Resale value after Rented to Veteran $600,000 or a +42.20 % Capital Appreciation

• Ownership of property set up in an LLC so all are protected

• Projected Annual CASH ON CASH RETURN of 18.67%

• Is a 1 unit property now, but the land is a R2, which means the Land can be used for Multifamily rental units
• We will convert the 1 unit home into 3 units that are 3 berdooms each
• Each will rent for $1,900 a month x 3 will be $5,700 a month or $68,400 a year