Co-investing in rental property

[Jeff Heng]

Have anyone used co-investing companies for a rental property? There's one in particular called Unison that I'm thinking of using for my next property. From my understanding, it works like this:

Estimated Home Value: $350,000

New mortgage amount: $280,000

Unison Option Investment towards purchase price: $35,000

Unison’s Share in future change in value: 35% - assumes property is approved & standard

Unison Transaction fee (paid at closing 2.5% of $35,000): $875 + closing and recording fees charged by the title company and county

Estimated Ending Value of Home: $360,000

Change in Value: $10,000

Unison Share Percentage: 35%

Unison Share of Change in Value: $3,500

Net Payment to Unison: $3,500 + $35,000 = $38,500

Unison puts in 10%, I put in 10% for a downpaylent. Then when I sell Unison takes takes 35% of the change in value. Is it worth it?