Investors are always surprised to hear that we are able to get healthy cash on cash returns on single family investment properties here in Jacksonville, Florida. We figured we would take a moment and map out a few investment examples by typical investors who have done business with us to help you better understand how this investment strategy is possible.
Typical investor profile
Age: 40-60 years old
Average Returns (Cash on Cash): 9-15%
Average amount invested: $40,000
Typical Funding Sources: Self-Directed IRA, Cash
9% Interest Example
In this scenario, the investor lends funds directly to Locklear Real Estate Partners to fund investment properties added to the Locklear Family Portfolio. This is a hands free investment and only requires you to loan funds to achieve a return on your money.
Below is a typical loan example:
-9% Simple Interest, Paid Monthly
-Principle Returned over 84 Months
-Fully Amortized over 84 Months
-Property Insured with Mortgage Lender Listed as Additional Insured
-Title Search,Title Insurance, Mortgage & Recording Fees Paid by Borrower
Actual Example…
3501 Nolan Street
Borrower: Suzette Locklear
Lender: Mark S.
Property Value: $50,000
Loan Amount: $23,000
Loan Source: Cash
Interest Rate: 9%
Loan Term: 84 Months
Payment Amount: $370
Total of Payments: $31,080
15% Interest Example
In this scenario, the investor purchases and owns the actual cash flow investment property in Jacksonville, Florida. We assist in the renovation and property management of the asset. We have deals available to qualified investors with cash or ira funds to invest in these properties. Your goal here is to build a high yielding portfolio that is professionally managed by property managers here in Jacksonville.
Below is a typical investment property example:
-12-15% Annual Return
-Property Professionally Renovated by Licensed and Insured General Contractor
-Tenant Placed and Managed by Professional Property Manager
-30% to 50% Equity Build-up
Actual Example…
2502 Aubrey Avenue
Investor: Sean D.
Property Value: $50,000
Purchase Amount: $27,400
Funding Source: Self-Directed IRA
Annual Return: 15.22%
Monthly Cash Flow Year 1: 506
Monthly Cash Flow Year 5: 559
Monthly Cash Flow Year 10: 644
These are examples of actual deals we have done in 2014 with Locklear Real Estate Partners. We are on track to do 50+ deals just like these this year. Get started with building real estate wealth today!
Investment Disclaimer: Please note that these are typical investment property examples by investors who have purchase properties from Locklear Real Estate Partners. Real estate investing poses risks just like any other investment vehicle available to consumers. Investment returns are not guaranteed. It is your responsibility to conduct due diligence for any investment property purchased with the intent of receiving a positive return on funds invested.