Housing Angels - Short Sale Specialists

602-745-1111

Housing Angel Seminars Seminars & Events
Twitter Housing Angels Facebook Housing Angels Linked In Housing Angels

Investor Program

Click here if you are an Investor and want to be an Angel.

Click here to view available properties that need an Angel Investor.

Recent Real Example 1-year Scenario

The Islands, Gilbert

Original purchase price in December 1994 $ 350,000.00
 
Expenses
Short sale approval $ 170,000.00
Estimated closing Costs $ 1,700.00
First year HOA $ 400.00
First year taxes $ 1,735.00
First year insurance $ 600.00
First year mgmt fees (10% of rent) $ 1,700.00
Total first year investment $ 176,135.00
Repairs $0.00
Income
12 months rent at @ $1,850/mo $ 22,200.00
Total income if sold at end of year one $ 146,400.00
Total estimated closing costs $ 8,100.00    *Includes 5% commision to RealCore Realty 
Total first year profits $ 12,191.00     low risk
Return on investment; total return $ 138,300.00

Return on investment 10.2%


Recent Real Example 3 year Scenario

The Islands, Gilbert

Original purchase price in December 2006 $ 350,000.00
   
Expenses
Short sale $ 170,000.00
Estimated closing Costs $ 1,700.00
3 years HOA $ 1,200.00
Three years taxes $ 5,205.00
Three years insurance $ 1,800.00
Three years mgmt fees (10% of rent) $ 5,100.00
Total three year investment $ 185,005.00
Income
36 months rent at @ $1,850/mo $ 66,600.00
Sale price profit 2 year + 10% pp $ 224,000.00
Total estimated closing costs $ 13,464.00
Total 3 year profits $ 90,971.00     52.98% ROI   17.66% per year
Return on investment total return  $ 262,671.00     after 3 years

Want to be an Angel?

Submit the following form and the Housing Angels will contact you.

Angel / Investor Contact Submission Form