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Lease Back Opportunity |
| Click here for the printable PDF version |
Attention Investors!
The developer is wanting to help you get started by offering a $2,000 per month, 2 year lease back!
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That's right...you're not dreaming! The developer has agreed to pay you $2,000 per month for the first 24 months that you own your condo. During those 24 months, the developer will fully furnish your condo and place it in a Weekly Vacation Rental program and pay the management fees. All you have to do is collect the $2,000 per month. During that time you will have the opportunity to stay in your condo up to *2 weeks per year at
no charge.
This is a great opportunity, not only do you receive payments while your **equity and ***ROI potentially grows, but also while your vacation rental business grows. With third year new and repeat vacation clients, you should be well on your way to an
amazing investment.
Weekly and nightly vacation rentals are popular in the Branson area. Many vacationers today expect much more than a motel, hotel or even a resort can offer. Often times vacationers want the comforts of home with the added benefit of great scenery, comfort, relaxing amenities and fun activities. Briarwood offers all this and more.
Briarwood's luxurious condominiums are located on beautiful Lake Taneycomo. The lake offers remarkable bass and trout fishing. The condominium location makes for quick, easy boat and car access to Branson Landing, a shopping, dining and entertainment mecca. And on top of that, the Briarwood complex itself offers boat slips, community pavilion with an full outdoor kitchen, infinity pool and spa stretching to the water's edge, walking trails and much, much more.
So, come, enjoy and be a part of Briarwood! You'll love it!
See mortgage payment below and weekly rental details on the back of this document.
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| Purchase Price |
% to Finance |
Interest Rate |
Monthly Payment |
| $369,900 |
80% |
6% |
$1,774 |
| $369,900 |
90% |
6% |
$1,996 |
| |
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|
| $399,900 |
80% |
6% |
$1,918 |
| $399,900 |
90% |
6% |
$2,158 |
| Monthly payment is principal and interest only |
*30 day notice required for stay and subject to availability
**Tri-Lakes Board of Realtors reports that equity has increased an average of 9% from 2004-2007
***See attached sample Return on Investment worksheet
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| Sunset Logo Rental Scenario |
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Have you ever thought about renting your vacation property to other vacationers?
Americans are increasingly taking advantage of the space, value and amenities that vacation rentals provide and hotels just can't match. With the average U.S. hotel room measuring 325 square feet and including not much more than a bed, tiny bathroom, a TV and a $3.00 bottle of water, it's no wonder travelers are changing the way they stay.
Offering your property as a vacation rental requires setting up your property with appropriate furnishings, marketing and advertising, taking reservations, check-ins, housekeeping and maintenance. This can be accomplished by individual owners or by hiring a property management company such as Sunset Nightly Rentals, Inc.
Sunset Nightly Rentals specializes in Weekly and Nightly Vacation Rentals around the Branson and Table Rock Lake area. We are offering a signup rate of 60% of gross income to you, 40% management fee. Professional management with Sunset includes an interactive website, www.SunsetNightlyRentals.com that offers secure online reservations and 24 hour customer service. On the Sunset website, each property is showcased with detailed descriptions, rates, availability and virtual tours for viewing the entire rental and its surroundings. The site also includes a secure owner site that allows owners access to the rental status of their properties as well as monthly owner financial statements. Additionally, we advertise on other websites and in publications such as magazines, newspapers, travel directories, etc. Other services include housekeeping, maintenance, scheduling, check-ins, 24 hour guest services, and full customer and owner support.
Shown below are scenarios for weekly rentals for similar properties in the Branson area in their 3rdyear in a weekly program with Sunset Nightly Rentals. For more information, please call Sunset Nightly Rentals at 1-877-784-4614.
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Weekly Rental Rate |
Rental Weeks |
Owner % |
Owner Gross |
| Unit 1 |
$1,200 |
16 |
60 |
11,520 |
| Unit 2 |
$1,200 |
17 |
60 |
12,240 |
| Unit 3 |
$1,300 |
15 |
60 |
11,700 |
| Unit 4 |
$1,600 |
20 |
60 |
19,200 |
| Unit 5 |
$1,800 |
22 |
60 |
23,760 |
| Unit 6 |
$1,900 |
17 |
60 |
19,380 |
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Investment Property Worksheet |
| First Year Benefits |
| This form is designed to assist in estimating the potential first year benefits of a real estate investment It does not consider the effect of selling
or exchanging the property in the futute. This form is not a substitute for legal or tax advice. Anyone contemplating the purchase of a real estate investment should seek the services of competent legal and tax advisors. |
| Purchase Cost |
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$ |
369,900 |
Years |
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30 |
| Cash Invested |
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$ |
73,980 |
% Down |
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20 |
| Financing |
Amount |
$ |
295,920 |
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Rate |
6.00 |
% |
|
P&I |
$ |
1,774 |
per month |
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| Land Value |
$ |
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Depreciation |
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| Personal property value |
$ |
20,000 |
x |
20.00 |
% |
= |
$ |
4,000 |
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|
| Building value |
$ |
369,900 |
x |
3.48 |
% |
= |
$ |
12,873 |
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|
| Land improvement value |
$ |
|
x |
5.00 |
% |
= |
$ |
0 |
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| Total depreciation |
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$ |
16,873 |
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| Monthly Rent Rate $ 2,000 |
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# of Months |
12 |
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= |
Gross Operating Income |
24,000 |
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| Annual operating expense |
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Real estate tax |
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2,000 |
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Insurance |
350 |
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Repairs |
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Utilities |
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Association dues |
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Advertising |
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Management |
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Supplies |
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Miscellaneous |
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Housekeeping |
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Total Operating Expenses |
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$ |
2,350 |
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I. |
Gross Operating Income |
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$ |
24,000 |
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Minus: |
total operating expenses |
- |
$ |
2,350 |
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Equals: |
net operating income |
= |
$ |
21,650 |
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Minus: |
annual debt service(mnthly P&Ix12) |
- |
$ |
21,288 |
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Equals: |
Cash Flow Before Tax |
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= |
$ |
362 |
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II. |
Annual debt service |
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$ |
21,288 |
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Minus: |
interest |
- |
$ |
17,755 |
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Equals: |
Principal Reduction |
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= |
$ |
3,533 |
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III. |
Net operating income |
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$ |
21,650 |
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Minus: |
interest |
- |
$ |
17,755 |
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Minus: |
total depreciation |
- |
$ |
16,873 |
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Equals: |
taxable income |
= |
$ |
-12,978 |
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Multiplied by tax bracket (enter tax rate) |
x |
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35 |
% |
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Equals: |
tax paid or saved |
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= |
$ |
-4,542 |
Tax Saved |
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IV. |
Appreciation (estimated at 5%) |
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$ |
18,495 |
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Return on investment with appreciation |
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| Cash flow before tax + Principal reduction + Tax saved + Appreciation |
26,932 |
= |
36.4 |
% |
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| Cash invested |
73,980 |
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| Capitalization rate |
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| Net operating income |
21,650 |
= |
5.9 |
% |
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| Purchase cost |
369,900 |
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This proposal provides possible return on investment. This is a scenario only and the accuracy of the information is not guaranteed. This material is offered with the understanding that the author and/or publisher are not engaged in rendering legal, accounting or other professional services. Legal advice or other expert assistance should be sought. Taxes and insurance are estimated.
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| Contact us for more information!! |
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www.SunsetRealtyServices.com
www.SunsetNightlyRentals.com
301C W. Pacific
Branson, MO 65616
1-877-784-4614 |
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