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A major part of our care facility business is in establishing group investment opportunities where we put investors together for the purchase of a care facility and retain a management interest. For those interested in an investment in care facilities, but unable to devote the time and experience necessary to operate homes, this can be the ideal investment program. We purchase facilities and frequently seek out value-added situations where we rehabilitate facilities and improve management and operations.
We establish joint ventures, non-profit corporations, LLC’s and other legal entities if needed in any transaction. We have experienced legal assistance as may be required.
Estimated investment return for a typical community care group home investment Ft. Wayne House 3 bedroom one bath house of approximately 900 SF Purchase price $50,000 Projected Income 6 residents at $500.00 per month each $36,000 Expenses Taxes $ 600.00 Insurance $ 800.00 Utilities $ 3,600.00 Maintenance $ 3,000.00 Program operations overhead $18,000.00 Total expenses $26,000 Net income $10,000 Debt service $37,500 @ 8% estimated $ 3,000 Disposable income $ 7,000 Investment $45,000 Down payment $12,500 Holding costs $ 5,000 Rehabilitation costs $15,000 Sales costs $ 4,500 Supervision $ 3,600 Misc. $ 4,400
Total acquisition cost $45,000 Investor return on investment $ 7,000 Cash return on investment 15.5% Minimum holding time 3 years This estimated investment return is provided for illustrative purposes only and there is no assurance that such returns will actually be achieved. The inherent risks of capital investments in general and real estate investment in particular are real and should not be discounted. The potential investor is advised to investigate each investment thoroughly as well as the experience and expertise of the company and to seek professional independent advice on the merits of this opportunity.
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