8 SINGLE FAMILY Residential home Bulk sale

8 SFR home Bulk sale in SWFL.  (southwest Florida)

Price  $1M 

For 8 SINGLE FAMILY homes, 100% rented to Buyers with LEASE OPTIONS!

One of the homes comps out at $250,000 to 300,000 in a gulf access community. 

Current NOI approximation $65,000 

All homes 100% rehabbed in 2010

SWFL  6.5 Cap rate in place with an 11.8% IRR over 10 year hold.

ROI 128%. or 8.6 % per year

NOI $65,000   to     Proforma of    $73k

Retail Market Value $1.4M 

Future value:

Total BTCF Income $ 730,000 in 10 years of Net  cash income

Selling    Price: 2,000,000  to 2,500,000       Year 10  Conservative
Selling Costs:       90,000          Broker fees/ commissions
Net Proceeds:   1,910,000 
Mortgage Balance: 0 

Before-tax Reversion: 1,910,000               
Taxes due on sale:          284,100
After-Tax reversionEq 1,625,900
Minus cost equity  -      1,030.000
sum                              =  $595,900 Profit sale if the asset sells 500ks more add 430k to this 1.25M
Plus Income              + 730,000 Profit Income
Total Profit                  1,325,910                     or        $1,755,000

ROI                                    128.7%
Annualized return             8.6% per year

confidential for principlas only. No Brokers REQUEST CONFIDENTIALITY AGREEMENT

Mike Rivera,
Investment Real Estate Analyst 
Naples Fl 

206-350-8675
MikeRivera  AT     Embarqmail.com
Mike Rivera, Ferrer & Associates

Providing asset management and turnaround for Hotel owners

Hospitality Owner operators.
Providing asset management and turnaround for Hotel owners - For potential sellers. I want to get your hotels NOI stable for a potential sale. I have two new hospitality programs for hotel ownership with the former CEO of Stafford Hospitality. Expense Management for hotel and restaurant Industry.

NO COST, RISK-FREE ANALYSIS of your existing buying practices. 5% REDUCTION IN OPERATING COSTS HAS THE SAME P&L IMPACT AS A 30% INCREASE IN SALES.

Increase & add stabilization too your inline NOI for a potential sale in 2010/2011

2.

Sales & Marketing Boot Camps:

Grand Bay Hospitality Group is ready to take your property to the next level with our Sales & Marketing Boot Camp. We will talior our full program to your hotel as we cover Everything from Grass Root Sales to Internet, Web & Social Marketing. This program covers a five day span with a review on Friday of all activity and includes a 30/60/90 day follow up program.