CONTACT JUDE AUGUSTA (603) 601-0646 jude@EveryoneWinsPropertySolutions.com
CONFIDENTIAL TO SOLICITED RECIPIENTS ONLY
HAMPTON FALLS, NH 03844
EVERYONEWINSPROPERTYSOLUTIONS.COM
603.601.0646 / FAX. 603.601.0972
Synopsis: Owner & wife had a dispute. Wife moved out of the problematic Byfield (Newbury, MA) duplex Owner owns with
his family (her in-laws) renting ½ and causing distress. wants a “Lease-Back” where buyer will pay him
$100,000 for the property. The current Assessment is at $117,000 (link in attached worksheet – see line 1144 if
opened). With the proceeds he will build a 2-car garage with a 2BR apartment above. She agreed to move back to him after
that, but is currently in Georgetown, MA. He will rent at $1,000 and contract to be obligated to buy back in 2 years at $150,000.
The Deal:
• Purchase price: $100,000
• Assessed 2006 at $117,000
• Rent: Back to Owner, a seafood processor with a long cash-flow history who will provide QuickBooks and printed
invoice & receipt history of two years of business.
• The property will be the collateral.
• Owner consents to sign a document binding him to buy the property in two years for $150,000 ($50,000 profit).
• Reason an Equity Line was not pulled: When the wife moved out, she spent detrimentally to his credit. The
fulcrum and incentive for the whole strategy is that he wants her back to make for a happy family situation (they have children).
She wants back, but under their own roof. He wants the right to buy the property back – and does not have many
options presently.
• Cash Flow: $50.74/Month or $608.75/Yr.
• Tax Deductions: Depreciation $3,636. Mtg. Int. $8,220. Total: $11,856.36
Deductions @ putting 25% back “in pocket” $3,557/Yr. or $296.41/Mo.
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