HUE Lofts Special Incentives!
Call 702-985-7654
for more details on this great offer!
The developer will offer the
following developer funded incentive to the first 165 buyers:
1.Guaranteed 7% per lease-back
program for 2 years
2.Payment of Home Owner’s Association (HOA) fees for 2 years
3.Payment of property taxes for 2 years
Assuming a purchase price of
$1,000,000.00 and a mortgage LTV ratio of 80% at 7% per year
interest:
Estimated Income over 2 Years:
1.Lease Back = $140,000
2.HOA: $16,800 (estimated at $0.50/sq ft on 1400 sq ft unit)
3.Property taxes: $20,0000 (estimated at 1% per year for 2 years)
Total: $176,800
Estimated Payments over 2 Years:
1.Estimated loan payments of $134,400 (80% LTV at 7% interest)
2.HOA: $16,800
3.Property taxes: $20,000
Total: $171,200
End Result:
Developer Paid:$176,800
Buyer’s Responsibility:$171,200
Result:$5,600 annual cash-flow
**Example is for illustration purposes only**
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