Find Your Home or Investment in the Greater Phoenix Area from Home


Investor Program

Click here if you are an Investor and want to be contacted for more information

Click here to view available investment properties.


Recent Real Example 1-year Scenario

Short Sale ExampleHousing Angels? Avoid Foreclosure 

Coldwater Springs Golf Course Corner lot; over 8,000 sf

4 bedroom, 3 bath; 2,219 sf with pool

Original purchase price in December 2006 $ 295,000.00
Capital improvements upon purchase $ 20,000.00
Total buyer investment in December 2006 $ 315,000.00
 
Expenses
Short sale approval price in February 2010 $ 120,000.00
Estimated closing Costs $ 1,500.00
First year HOA $ 564.00
First year taxes $ 1,980.00
First year insurance $ 625.00
First year mgmt fees (10% of rent) $ 1,440.00
Total first year investment $ 126,109.00
Income
12 months rent at @ $1,299/mo $ 14,400.00
Sale price + profit 1st year +10% pp $ 132,000.00
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 2-year Scenario

Coldwater Springs Golf Course Corner lot; over 8,000 sf

4 bedroom, 3 bath; 2,219 sf with pool
Original purchase price in December 2006 $ 295,000.00
Capital improvements upon purchase $ 20,000.00
Total buyer investment in December 2006 $ 315,000.00
 
Expenses
Short sale approval price in February 2010 $ 120,000.00
Estimated closing costs $ 1,500.00
2 years HOA $ 1,128.00
Two years taxes $ 3,960.00
Two years insurance $ 1,250.00
Two years mgmt fees (10% of rent) $ 2,880.00
Total two-year investment $ 130,718.00
   
Income
24 months rent at @ $1,299/mo $ 28,800.00
Sale price profit 2 year + 10% pp $ 145,200.00
Total income if sold at end of year two $ 174,000.00
Total estimated closing costs $ 8,712.00 *Includes 5% commision to RealCore Realty
Total two year profits $ 34,570.00   28.8% ROI    14.4% per year
Return on investment total return $ 165,288.00   after 2 years

Recent Real Example 3-year Scenario

Coldwater Springs Golf Course Corner lot with over 8,000 SF

4 bedroom, 3 bath; 2,219 sf with pool
Original purchase price in December 2006 $ 295,000.00
Capital improvements upon purchase $ 20,000.00
Total buyer investment in December 2006 $ 315,000.00
   
Expenses
Short sale approval price in February 2010 $ 120,000.00
Estimated closing Costs $ 1,500.00
3 years HOA $ 1,692.00
Three years taxes $ 5,940.00
Three years insurance $ 1,875.00
Three years mgmt fees (10% of rent) $ 4,320.00
Total three year investment $ 135,327.00
Income
36 months rent at @ $1,299/mo $ 43,200.00
Sale price profit 2 year + 10% pp $ 159,720.00
Total income if sold at end of year 3 $ 202,920.00 *Includes 5% commision to RealCore Realty
Total estimated closing costs $ 9,583.20
Total two year profits $ 58,009.80     48.3% ROI   16.1% per year
Return on investment total return  $ 193,336.80     after 3 years

Want to be an Investor?

Submit the following form and the Jeff Dicks will contact you.

Investor Contact Submission Form