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Proposed Acquisition: 3708 and 3850
El Cajon Blvd. purchase 33,449 SF based on a 15 month holding
period.
Purchase price $3,650,000
Expenses $350,000
Carry costs $200,000
Total $4,200,000
Selling Price $6,000,000
Profit $1,800,000
Cost to Sell -$600,000
Preferred Int. -$375,000 (15 months)
Affiliate Costs -$206,250
Net Profit $618,750
Investors 50% $309,375 (plus interest of 10% or $375,000)
Total return $684,375 18% return per year
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Proposed Plan - Click to enlarge
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Recent Acquisition: 420 Lado de Loma Rd. Vista,
CA purchase 3.2 acres.
Acquired 11/04 proposed to sell by 10/06
Purchase Price $1,050,000
Expenses $350,000
Total $1,400,000
Selling Price $2,250,000 (24 months)
Profit $850,000
Cost to sell -$225,000
Loan -$495,000
Original Inv. -$900,000
Preferred Int. -$180,000
Net Profit $630,000
Investors 60% $270,000 (plus interest of 10% or $180,000)
Total Return $450,000 25%
per year |
 Click
for larger image
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