Florida Finest Homes Realty
Miami has ranked 6th on The Wealth report 2015 by Knight Frank ahead of Geneva, Dubai, Beijing and Berlin just to name a few. The report Highlights that Miami is perceived a destination to high Net-Worth Individuals (HNWI) form Latin America and World wide. Miami is the second most important city in the US following New York.
The key elements to consider when analyzing wing feasibility of a real estate development. The 10 points that can not miss in any analysis, discussed in summary, entertaining and easy.
1 - Remember that it is a project - An estimate of the future.
2 - Make a Business Estate Plan.
3 - Determine the strengths, opportunities, weaknesses and threats.
4 - Evaluate financial and non-economic
5 - Take into account the time value of money.
6 - Allocate adequate time revenues and expenditures.
7 - Consider the influence of taxes and inflation.
8 - Analyze first with equity and then with financing.
9 - Get always a result.
10 - Caring for the brand.
Today will not only ensure a booming future, but will boost the local economy many times over. The Port of Miami Tunnel project alone will provide over 170,000 jobs with $6.4 billion in wages and $17 billion in economic output. Brickell City Centre will have an economic impact of approximately $1 billion with 1,700 construction jobs already in place, and more than 5,000 jobs once completed and will add $5.4 million in ad valorem taxes to Miami-Dade County alone.
Selling to the buyer total $50,000
Down payment 10% $5,000
Buyer closing cost $2,500
Loan amount $45,000
Monthly payment 10 years 11% $620.10
Investment seller $22,000 = total payments $74,412.00 = return $52,412.00 (238 %)
Monthly payment 10 years 12% $645.75
Investment seller $22,000 = total payments $77490.00 = return $55,490.00 (252%)
Total payments of loan divide by initial investment and press % key will give you great of return percentage
Florida Finest Homes Realty Projection of investment and great of return
Guarantee provided Subject Property
Owner Financing 11% 10 years
Requirements 12% 10 years
Income ratio 43%
Credit score 620
Down payment 10% and UP
Inspections city, county violations and lien search (title)
Closing cost and pre payments $2000
Repair and expenses $3000
Seller total $25,000
Selling price $50,000
Expenses closing seller $2,000
Investing Selling Price $52,000
This 32 units residential luxury boutique building is under construction it is slated for a Summer 2017 completion date.
2/2 start at $1,200,000
2/2+den start at $1,300,000
3/3+den start at $1,600,000
Initial 20% deposit: with Contract
Additional 10% deposit: 60 days after Contract execution
Additional 10% deposit: 120 days after Contract execution
Additional 10% deposit: following notice from Seller of construction reaching rooftop
Balance (50%) At closing
Nine exclusive award winning architecturally designed 4bedroom/4.5 bathroom Townhouses off Biltmore way and Anderson Road. Prices start at $2,300,000.
Take a look at the property info: www.beatricerow.com
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