ME
ME
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
INTRODUCTION
Hi, my name is Michael Simpson,
My entire focus is on your complete satisfaction. In fact, I work to get the job done so well, you will want to tell your friends and associates about it. Maybe that's why more than
50% of my business comes from repeat customers and referrals.
You may also be interested to know that in addition to listing and selling, I have been teaching other Realtors how to list and sell for several years (video available). I have taught hundreds of agents thought-out Southern CA how to list/sell and provide great service, as great service speaks for itself. I look forward to delivering that great service to you!
Michael Simpson • 877-877-1545 • www.TheNCREA.com
{AGENT PHOTO}
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
OUR COVERAGE
Keller Williams Realty is the largest real estate franchise in the United States
– with more than 100,000 associates,
1,2590 commercial brokers and presence in 690 offices across North America.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Why HireUs
National Presence
650 US Offices (Tier 2-3 Cities)
Corporate Services Team Experience
State of the Art Transaction Process
Higher Net Monies to Field Agents
No Conflicts of Interest
Secure On-Line Service Portal
150,000 Residential Agents – 2,500 Commercial Agents
$200 Billion Transaction Volume (Buying Power)
The commercial real estate industry is changing rapidly with technology disrupting how and where we do business. For some advisors, this challenge is creating a barrier in the marketplace – for us, we embrace it. We leverage technology to help our clients adapt in the most effective and timely way as possible.
The KW brand was built on the foundation of entrepreneurs, and we at KW Commercial are no different. Our advisors from our Denver office come from a variety of corporate environments and saw their greatest potential in an industry where they can take personal leadership and responsibility in what they do.
We also understand that real estate is RELATIONSHIP based rather than TRANSACTIONAL, and we have developed the systems in place to spend more time with you!
KW Listing Presentation | 10
Industry Leading Tools and
Partnerships
{BUYERS NAME}
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
OUR KW COMMERCIAL
PHILOSOPHY
At KW Commercial, we believe that you are only as good as the people you are in business with. That ’ s why we make it a priority to be in business with the best.
OUR MISSION:
To build careers worth having, businesses worth owning and lives worth living.
OUR VISION:
To be the commercial real estate company of choice for a new generation of real estate agents and owners.
The Keller Williams philosophy of success through people and of seeking out winwin partnerships has fueled our company ’ s growth to the third-largest real estate company in the United States.
OUR VALUES :
God, Family, then Business
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
OUR BELIEFS
● Win-Win
● Integrity
● Customers
●
●
Commitment
Or no deal
Do the right thing
Always come first
In all things
Seek first to understand
Communication
● Creativity
● Teamwork
Ideas before results
Together everyone achieves more
Starts with honesty
● Trust Results through people
● Success
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
OUR COMMUNITY OUTREACH
THE KELLER CENTER AT BAYLOR UNIVERSITY
Funded through the vision and generosity of Gary Keller, chairman and co-founder of Keller Williams Realty in 2007, Baylor University established the Keller Center for Residential Real Estate Research in the Hankamer School of Business to study issues affecting real estate companies, brokers and agents in today ’s marketplace.
KW CARES
Established in 2003, KW Cares is a 501(c)(3) public charity primarily supported by Keller Williams offices across North
America and provides emergency financial assistance to members of the KW family in need and their immediate families, as well as outside charitable organizations.
In 2006, in the aftermath of Hurricane Katrina, KW Cares raised more than $5.3 million in relief to aid Keller Williams associates in the Gulf States.
In 2007 and 2008, KW Cares supported other charities aligned with the mission and values of
Keller Williams Realty, including: Ryan ’ s Well Foundation, University of Texas M.D. Anderson
Cancer Center, Memorial Sloan-Kettering Cancer Center, Sidney Kimmel Comprehensive
Cancer Center at Johns Hopkins.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson Volunteer Diver, Presenter
LONG BEACH ATTRACTION -
Aquarium of the Pacific
Sitting on Rainbow Harbor you ’ll find one of Long Beach’s top attractions: Aquarium of the Pacific. Home to more than 11,000 aquatic animals and approximately 500 species,
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
KELLER WILLIAMS REALTY EXECUTIVE TEAM
Chairman of the Board Gary Keller, Vice Chairman Mo Anderson, CEO Mark Willis and
President/COO Mary Tennant provide strategic direction for Keller Williams Realty. With more than 100 years combined real estate experience, KW ’ s executive team strives for continual growth for the company ’ s offices, owners, brokers and agents.
BUDDY NORMAN, PRESIDENT, KW COMMERCIAL
Buddy Norman was named president of KW Commercial in 2008. A true leader in commercial real estate with approximately two decades of experience within the industry,
Norman served in several leadership positions within international commercial firms such as The Staubach Company and Burnham Real Estate before joining Keller Williams Realty.
He has built new divisions and trained commercial brokers all over the United States
–
including Dallas, Atlanta, Washington D.C. and San Diego. A consistent top producer,
Norman has averaged approximately 400,000 square feet per year of commercial leasing and sales transactions over the last 10 years.
THE KW COMMERCIAL LEADERSHIP COUNCIL (CLC)
KW Commercial, in keeping with the structure and culture of Keller William Realty, has been built through an “ agent-centric ” business model. The Commercial Leadership
Council (CLC) is a group of top Keller Williams Realty commercial agents from across the
United States and Canada. The CLC guides the direction, policy and strategy of KW
Commercial and is instrumental in the division ’ s growth and development.
Michael Simpson
Owner/Broker
Kim Mosley
Broker Record
Stephen Bello
Broker
Angie Simpson
Realtor
Kelley Fischer
West Coast Operations
Manager
Dena Edgmon East
Coast Operations
Manager
Aaron Hill Steiner
Technology Director
Alan Wallace
Attorney
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
WHO WE ARE
KW Commercial ’ s commitment to excellence has been proven time and time again by the results that our agents produce for their clients.
When you engage KW Commercial, you aren ’ t simply hiring a broker, you ’ re hiring an entire company and a network of dedicated professionals across North America.
INDUSTRIAL
OFFICE
INVESTMENT SALES
RETAIL SERVICES
EDUCATION & MUNICIAL SERVICES
DESIGN, CONSTRUCTION SERVICES
& DEVELOPMENT MANAGEMENT
LAND BROKERAGE
MULTI-FAMILY
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
INDUSTRIAL PROPERTIES
Regardless of the industrial space a company needs, our Industrial Properties associates have the knowledge and expertise necessary to assist in a purchase, sale or lease. Industrial real estate consumers rely on our associates for consultation on site selection, dock high, clear height and power requirements, as well as all the other factors necessary when deciding on an industrial location.
Industrial property owners can also rely on KW
Commercial ’ s network of associates to assist in the marketing of their industrial property and ensure the property is sold for the best price as quickly as possible.
Stephen C Bello 1-877-877-
1543
Info@TheNCREA.com
KW Commercial Lead Director
Specializes in Industrial
Sales/Leasing
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
Stephen C. Bello, Broker Associate
Keller Williams Coastal Properties
6621 E. Pacific Coast Hwy., Ste. 150 • Long Beach CA 90803
1-877-877-1543
Info@TheNCREA.com
Stephen is a broker with 20+ years of commercial real estate experience. His experience has given him a clear understanding of contracts, negotiations, and the power of compromise in delicate situations. Mr. Bello has extensive experience in the leasing and sales of commercial properties. During his seventeen-year career including
Matlow-Kennedy/Cushman & Wakefield, and INCO Co., he has consummated in excess of 625 transactions. Mr. Bello oversaw team management for the leasing and sales of commercial properties. Aside from serving his clients, he is committed to serving his community.
He has earned respect from his clients and colleagues, and has consistent history of successful real estate sales achievement
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
OFFICE PROPERTIES
Finding the right office space entails many considerations and complications beyond simply finding the right location. Office tenant representation demands knowledge of local market conditions and trends, as well as a keen set of negotiating skills to successfully structure a client ’ s lease document. Tracking rents, rent concessions, operating expense pass throughs, changes in technology and other factors are part of what our
KW Commercial Office Property associates are dedicated to knowing. Commercial landlords can also rely on our associates to have intimate knowledge of the local office market and existing tenant base in order to successfully lease office projects at the highest rental structure possible.
“The BEST Team and Michael Simpson were hardworking, knowledgeable, through-out this entire process. They made me feel as though he would do whatever was necessary to complete my request. For all future commercial transactions, I would hope to use
The BEST Team and Michael Simpson - Larry
Stephens, Brylaw Accounting Firm, Inc.
”
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
INVESTMENT SALES
Representing buyers and sellers of investment real estate requires local market knowledge, knowledge of financing instruments and capital markets both domestically and abroad. KW Commercial ’ s
Investment Properties associates keep abreast of the latest trends and fluctuations in equity and debt markets, as well as local and national cap rates.
Our vast network of international, private and institutional investors allows us to match our clients with the right investment opportunity, and maximize return on the investment.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
“I have worked with Michael Simpson and his team for years, they have assisted with several REO properties for our bank. I am so satisfied with their services that I called on him for a personal transaction and had them sell my father ’s multi family property in Los
Angeles.
” Elvia Jaramillo, First Bank and Trust
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
RETAIL SERVICES
For our retail user and developer clients, the advantages of partnering with a KW Commercial
Retail Properties associate are significant. Whether leasing a retail strip center or finding a new facility for a restaurant customer; location, speed to market and economic performance are as important to us as they are to our clients.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
NONPROFIT & MUNICIPAL
SERVICES
Stephen C Bello 877-877-1543
KW Commercial Lead Director Specializes in Industrial Sales/Leasing/Non Profit &
Municipal Services
Nonprofit organizations, school systems and government agencies have unique real estate requirements, and our KW Commercial associates understand how to best serve these organizations.
We understand the unique budget constraints and the multiple stakeholder environment in which they operate. Portfolio assessment, real estate strategy, financing and project management are critical to our education and municipal clients, and we deliver.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
DESIGN, CONSTRUCTION
SERVICES & DEVELOPMENT
MANAGEMENT
Building on time and on budget are two passions of our KW Commercial Construction and
Development Management associates. To ensure the best outcome for our clients, KW Commercial has an extensive network of experienced construction professionals who provide effective leadership, sharp attention to detail and a valued partnership.
KW Commercial also has broad-based strategic alliances with fee developers capable of overseeing and managing any type of real estate development.
Our partners, who are established in local markets across the United States and Canada, can guide our clients through governmental approvals for both small and large development projects.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
LAND BROKERAGE
KW Commercial associates specializing in land brokerage and assemblage possess an exceptional understanding of the complex factors that influence the land brokerage transaction and have the extensive experience and contacts to get the deal done right.
Our associates provide solutions based on constantly evolving factors such as zoning and regulatory issues, demographic and traffic patterns, and overall political and economic trends. Expanding on the fundamentals of land brokerage, our associates ensure that the client ’ s unique business considerations are addressed and that the negotiation process is a win-win. Working in coordination with our other specialties, our land brokerage services offer a solid and well-rounded approach to land acquisition and disposition.
“Each and everyone of The BEST Team is great. We are looking forward to finding the next property or project and working with ROCK!" – Steven Moraldo
Moraldo Inc. “
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
MULTI-FAMILY HOUSING
KW Commercial associates provide multi-family owners and investors with market knowledge, research, financing and analysis of market trends in vacancy, rent escalations, comparable cap rates and buyer trends. Our associates have expertise in sales, acquisition, development, finance and valuation, which extends to conventional apartment properties, condo development and conversions, student housing and residential income development land.
Whether you are selling a single asset or a national portfolio, our associates provide you with unparalleled market information and will achieve the highest level of results. If expanding your portfolio is the objective, our local experts can help you identify and acquire properties which meet or exceed your investment goals. And it doesn ’ t stop there. Whether the next steps are finding the right property management company, providing current rental and vacancy data, assessing local rent control issues or assisting with tenant leasing, our associates continue to be a valued resource.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
No one has taken more time to advertise and show my property
More than The BEST Team and Michael Simpson. I appreciate
The BEST Team and Michael Simpson efforts and their exceptional service. I would recommend them to my friends and business associates." Phyllis McGreevey, Esq.
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
FAIR ISSAC & COMPANY
Location: San Diego, California
Size: 130,000 SF
SERVICES PROVIDED:
● Relocation Services
● Lease Negotiations
● Tenant Improvement Management
* Transaction completed before joining KW Commercial
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
Networking
Realty Investment Association of California (RIAOC)
Meetings are held at several locations in Southern
California - as often as weekly, depending on location.
We will be Networking and distributing hundreds of marketing packages to members and visitors every week.
Packages contain detailed information on your property.
We will also advertise your property in the weekly Gold
Sheet. About 1,000 real estate associates from all over
Southern California, Los Angeles and Orange County
Long Beach Commercial Real
Estate Council www.lbcrec.com
We will be networking and marketing your property to several commercial brokers locally listing and selling primarily in Long Beach. www.kwcommercial.intranets.com
International networking, tools, discussions etc. www.TheNCREA.com
www.Facebook.com/TheNCREA
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson & The BEST Team
Broker /Owner
“Helping You Move From Dreaming To Doing”
EXTENDED MARKETING RESEARCH
We will market your commercial property 24/7 through the most popular Commercial real estate Websites on the Web.
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Marketing Services
We take our marketing very seriously! We will market your property 24/7 through various syndication sources with worldwide access and exposure. In addition to online platforms, we will broadcast your property to local commercial real estate groups and brokers.
Having seen what our competition does, we go above and beyond to ensure that we can successfully find the perfect buyer for you.
CONFIDENTIALITY:
Brokers will be asked to keep discussions confidential regarding the sale with the current tenant, and showings will take place prior to the opening of the business.
KW Listing Presentation | 7
MARKETING
Here are just a few of the services we use to market your property.
Web Sites www.loopnet.comp
as premium Members we will expose your property to 1.5 Million average monthly unique visitors.
35 million page views per month.
Over 4 million members on LoopNet.
Popular Commercial Web Site
Links for Lending and Appraiser Services
News feeds, e-mail ’s “matched new listings”
Property Line www.propertyline.com
Market your property to both local and national databases with proven tools.
Emarke t email digital brochures directly to the inboxes of up to 200,000 Commercial Real
Estate Professionals.
Email digital brochures to over 200,000 real estate brokers through KW Commercial
’s platform
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Costar www.Costar.com
We will input your property to Costar and e xpose your property to one of the Internet's most qualified audiences of professionals searching commercial properties for sale or lease. Reach the industry's top dealmakers for free Showcase your listings and get priority placement on
Google.
The Smith Guide, Inc. www.smithguide.com
Real-time commercial (mostly industrial) real estate listing service
REI Wise www.reiWise.com
Great Tool to generate analysis and Superior
Marketing packages
1.KW International Network – 80,000 agents
2.KW Commercial
–
2,000 members
3.Keller William Global Property500,000 agents
4.Unique Property Website
5.Contacting for leads:
· Top Commercial Agents
· Top Residential Agents
· CPA Professionals
· Legal Professionals
6. Internet Presence:
·
Pay per click
·
Blogging
·
Social Media
7. Professional video and photography
8. Brochures & Print Collateral
• Global syndication of listings, displayed in multiple languages
• Referrals from overseas agents and inquires from foreign buyers
• Entire platform works in 19 languages
Searches, listing displays, lead capture
• Translate listing instantly, then email or print
Perfect for foreign clients
• Change measurements and currencies with one click
Simplifies international business
• International MLS
· 500,000 real estate professionals worldwide
• Broker is hesitant to share property information for concern about not being compensated.
• Only shares property information with those that agree to sign Non-Circumvent / Non-
Disclosure.
• Broker is not willing to invest too much time, effort or resources to promote listing.
• MINIMAL Market Exposure REDUCES probability of selling at Top Dollar.
• Broker shares property information with all co-brokers and Buyers with confidence.
• Broker aggressively invests lots of time, effort and resources to promote listing.
• MAXIMUM Market Exposure
INCREASES probability of selling at
Top Dollar.
Rent Survey – 1525 Pine Ave. Long Beach Ca
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Rooftop View
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Pool View
4500 E. 7 th Street 2 Bedroom 1 Bath
$1,250 per Month
Michael Simpson • 877-877-1545 • www.TheNCREA.com
1133 Pine Ave.
2 Bedroom 1 Bath $1,200 Per Month
Michael Simpson • 877-877-1545 • www.TheNCREA.com
2420 E. 5 th Street
2 Bedroom 1 Bath $1,175 Per Month
Michael Simpson • 877-877-1545 • www.TheNCREA.com
I General Information Subject Rent Comp A Rent Comp B Rent Comp C a. Addres s b. Nam e c. No. of Units d. Age of Building e. No. of Stories
II Exterior a. Building Exterior b. Neighborhood c. Lands caping d. Parking Surfaces e. No. of Carports /Garages f. No. Balconies /Patios g. General Cleanlines s
III Interior a. Refrigerator b. Dis hwas her c. Stove d. Dis pos al e. Sm oke Detectors f. General Cleanlines s
IV Amenities a. Pool b. Other
V Clim ate Control a. Heat (G/E) b. Air Cond. (Central/Room )
VI Utilities a. Sep. Meter (gas /elect.) b. Mas ter Meter (gas /elect.) c. Water (tenant/landlord)
VII Tenants a. Tenant Rating b. Pets (Y/N)
VIII Rent a. Bachelor Rent
Rating b. Single Rent
Rating c. 1 Bed. Rent
Rating d. 2 Bed. Rent
Rating e. ____ Bed. Rent
Rating
IX Overall Occupancy %
1525 Pine
Mel Alm
32
38
3
3
3
3
3
3
16
16
3
3
Y
Y
Y
3
Y
E
E
ALL
L
3
N
625
96
4500 E. 7th
Fox Glen
21
45
2
3
3
3
3
3
14
0
3
3
Y
Y
Y
3
Y
E
E
ALL
L
3
N
750
875
98
1133 Pine
French Qtr
20
39
2
3
3
3
3
3
0
0
3
3
Y
Y
Y
3
Y
E
E
ALL
L
3
N
550
675
97
2420 E. 5th St.
Riviera
28
32
2
3
3
3
3
3
28
14
3
3
Y
Y
Y
3
Y
E
E
ALL
L
3
N
725
975
98
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Address:
City:
State:
Parcel No.:
3595 Elm Ave.
Long Beach
CA
7145-006-033
Thomas Guide No.: 765-E/7
Rental Policy: Monthly, No Pets
Utilities:
Year Built:
Water
Ammenities: Laundry
1961
Price:
Down Payment:
% Down Payment:
Cost Per Unit:
Number Of Units:
GRM:
Date Sold:
No. of Buildings:
1525000
747250
49
63541.66
24
6.72
2/22/2002
1
Scheduled Income
# Units
24
Selling Terms and General Information:
Michael Simpson • 877-877-1545 • www.TheNCREA.com
New 1st, 49 % down
# Bed/Bath Mo. Rental
18911.25
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Address:
City:
State:
Parcel No.:
5149 E. Anaheim Road
Long Beach
CA
7240-010-001,002
Thomas Guide No.: 796-B/5
Rental Policy: Monthly, No Pets
Water Utilities:
Year Built:
Ammenities: Laundry
1950
Price:
Down Payment:
% Down Payment:
Cost Per Unit:
Number Of Units:
GRM:
Date Sold:
No. of Buildings:
$1,957,680.00
$480,180.00
Selling Terms and General Information:
25
$54,380.00
36
6.79
3/21/2002
2
Scheduled Income
# Units
36
New 1st, 25% DOWN
# Bed/Bath Mo. Rental
$241,010.00
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Address:
City:
State:
Parcel No.:
833 Cherry Avenue
Long Beach
CA
7267-015-017
Thomas Guide No.: 795-G/6
Rental Policy: Monthly, No Pets
Utilities:
Year Built:
Water
Ammenities:
1963
Laundry, Pool, Jacuzzi
Price:
Down Payment:
% Down Payment:
Cost Per Unit:
Number Of Units:
GRM:
Date Sold:
No. of Buildings:
$1,700,000.00
$475,000.00
28
$47,222.00
36
8.01
1/2/2002
1
Scheduled Income
# Units
36
Selling Terms and General Information:
Michael Simpson • 877-877-1545 • www.TheNCREA.com
New 1st, 28% down
# Bed/Bath Mo. Rental
$17,708.00
#
Property Address Age Unit GRM Cst./Sq. Ft. Cst./Unit Date/Sale Price Down Terms
833 Cherry 39 36 8.01 $78.46
$47,222 1/2/2002 $1,700,000.00 28% New 1st
5149 E. Anaheim Rd. 47 36 6.79 $67.28
$54,380 3/21/2002 $1,957,680.00 25% New 1st
3595 Elm 41 24 6.72 $72.00
$63,541 2/22/2002 $1,525,000.00 49% New 1st
AVERAGE 42 32 7.17 $75.28
$55,048
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Assumptions
GRM
CAP
PRICE
DOWN PAYMENT
FIRST T.D.
INT./AMORT.
SECOND T.D
INT./YRS.
Current Rents
25% down
8.01
8.10%
$1,950,000.00
$487,500.00
$1,462,500.00
7.5% /30 years
S.G.I.
VACANCY
G.O.I.
EXPENSES
N.O.I.
$243,456.00
$12,173.00
$231,283.00
$73,037.00
$158,246.00
DEBT SERVICE -
FIRST
DEBT. COV. Ratio
SECOND
TOTAL
DEBT. COV. RATIO
CASH FLOW
(PRE TAX)
% RETURN
$122,712.00
1.29
122,712.00
1.29
$35,534.00
7.30%
CASH GENERATED FROM SALE
New Loan Balance
Existing Loan Balance
Net Loan Funds Generated
Interest In Advance at Close of Escrow
Cash Down Payment
Other ___________
TOTAL CASH GENERATED FROM SALE
EXPENSE OF SALE
Title Policy
Escrow Fee
Commission
Other
TOTAL EXPENSE OF SALE
NET CASH TO SELLER
NOTES RECEIVABLE
$1,462,500.00
$509,106.00
$4,875.00
$2,969.00
$117,000.00
$953,394.00
$487,500.00
$1,440,894.00
$124,844.00
$1,316,050.00
TOTAL INTEREST RECEIVED FROM NOTE
TOTAL NET PROCEEDS TO SELLER (NOT INCLUDING NOTE INTEREST) $1,316,050.00
SCHEDULED GROSS INCOME
LESS VACANCY RESERVE
GROSS OPERATING INCOME
LESS EXPENSES
NET OPERATING INCOME
LESS DEBT SERVICE
PRE-TAX CASH FLOW
TAX (PAYABLE) RECEIVABLE
AFTER TAX CASH FLOW
EQUITY BUILD-UP (PRINCIPAL REDUCTION)
TOTAL AFTER TAX RETURN
$243,456.00
$12,173.00
$231,283.00
$73,037.00
$158,246.00
$53,772.00
$104,474.00
-$31,492.00
$72,982.00
$20,048.00
$93,030.00
Income (G.O.I)
Interest (Loans)
Expenses
Depreciation
Taxable Income (Loss)
Tax Brackett Assumed %
Tax (Payable) Receivable
$231,283.00
$33,724.00
$73,037.00
$29,091.00
$95,431.00
33
-$31,492.00
PRICE: $1,950,000.00
DOWN PAYMENT: $487,500.00
TERMS:
Michael Simpson • 877-877-1545 • www.TheNCREA.com
25% down
PRICE $1,950,000.00
EQUITY (net of selling expense) $1,316,050.00
Amount Type
$104,474.00
PRE-TAX CASH FLOW
$72,982.00
$20,048.00
AFTER TAX CASH FLOW
EQUITY BUILD-UP
(Principal Reduction)
$93,030.00
TOTAL AFTER-TAX RETURN (R.O.E)
Michael Simpson • 877-877-1545 • www.TheNCREA.com
Rates of Return
7.94 %
5.55 %
1.52 %
7.07 %