Investors in single family residence in fractional shares in Marin county California

[Mat Kiisk]

Investment Info:

Single-family residence other investment.

Purchase price: $490,000

This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher. Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years. This allows servicing $1.9 M at $7305. There will be no assessment for increase in taxes or insurance so remains at $1935. This translates to at least $10 K a month in savings. There would be rent of $ 8 K a month on a triple net lease. The offering would be at 490 units at $1000 unit which allows 49% to be sold to have the preceding benefits to remain in place. The buy in would be very flexible terms. This allows participating in the $1.1 M equity with a ROI of 100% and on going 25% annually with the historical appreciation over 30 years of 8% a year. ( Zillow stated a 10.4 % in the last 30 days $251,361 ). The game plan would be to keep this structure for 1-2 years with future full sale.