lazery orillia jv proposal sept09 final(2)

Joint Venture OpportunityMariposa House in Orillia, Ontario3 Bedroom Detached Family Dwelling for Lazery Family

Presented by:Rachel Oliver · Clover Properties · 416 450 1940

www.RentToOwnOntarioHome.com

www.RentToOwnOntarioHome.comRachel Oliver · Clover Properties · 416 450 1940

• Potential profit for cash investor(s) over 3 years is around $64K

• The chosen lot is a 30 ft smart lot located in the newly constructed West

Ridge Place just outside downtown Orillia

• Newly constructed property being sold by builder (Mariposa Homes)

• Target purchase price is $210,000 CND

• Comparables in the area average at $240,000 – 245,000.

• The chosen tenant is a family of 6 – The Lazery Family

• The rent-to-own tenant has been fully screened and confirmed

• Committed to move into the property after November 1, 2009

www.RentToOwnOntarioHome.com Rachel Oliver · Clover Properties · 416 450 1940

• Project Finder/ Real Estate experts invest– 5% of cash investment ($2,666)– Over 50 hours of time and expertise

• Cash partners invest:– 95% of the cash investment ($50,659)

• Split profit 34-66 ($15K - $30,620K)

• A family of 6 (husband, wife and 4 young kids ages 2-10 ) • The husband, Sean has steady employment with K.D. Clair as

a Health and Safety Manager• The wife, Vanessa won a battle with thyroid cancer and plans

to return to work in winter 2009/10• Current annual income is over $60,000• Credit is bruised due to Vanessa ‘s illness and income loss• Credit damage is repairable within 2-3 years• Tenant signed lease with option to purchase agreement • Tenant investing $3000 to enter the rent-to-own program


www.RentToOwnOntarioHome.comRachel Oliver · Clover Properties · 416 450 1940

• West Ridge Place is Orillia’s fastest growing and most dynamic

neighborhood community

• Has proven to be Orillia’s location of choice for new home living

• Nearby amenities and services include shops, restaurants, movie

theatres and professional services to meet the demands of family living

• Home to over 500 families, this community is proving to be one of the

city’s most desirable residential locations


Investment

Property Lot


• House is within short driving distance to Lake Simcoe, downtown Orillia

• 1870 Sq. Ft. detached house

• 30 FT Smart Lot

• 3 bedrooms with home office/den, 2.5 baths

• Appliances package provided by builder

• Convenient access to HWY 400

• Attached single garage

• Ceramic flooring in kitchen

• Main floor laundry

Why Invest?

• Orillia is a high growth area with steady appreciation

• Solid 20% ROI per year on your investment• Positive cash flow paid out quarterly• About 6% of ROI paid annually from cash flow

For more information:www.CloverProperties.ca

Rachel OliverReal Estate Investor, Rent to Own Specialist

416-450-1940

lazery orillia jv proposal sept09 final(2)

Real Estate

cash investment

investment property

cash investors

investment positive

downtown orillia

demands of family living

lazery family therent

chosen lot