My property journey – USA property

So, I welcome another property to my USA portfolio, a few more on the horizon, so watch this space.

I am continuing on with the same strategy, a mix of some high positive cash flow with some potential good capital growth options.

This is another Memphis one; market has moved in the last 6 months, around 20%.  Lots of demand amongst investors for this area. So, not quite as sharp as my first 2, but still coming in at 20% Gross yield.

By using leverage (I have a P&I 7 year loan), in year 7 I will be returning 28% cash on cash return excluding purchase fees and 21% including all fees, plus I will own the house outright. In the meantime, it will be returning 6.5% cash flow + principal pay off approx 11% return) per year.

Short video below for you to see the property:

Click here to start your own US Property Portfolio

About Mark Taylor….

My property journey – USA Property

Memphis Properties Available

Latest properties available from Memphis.  Prices are going up for these type of properties as the investor market is healthy due to the stable environment and high cash flows.

I already have 2 in this area and about to purchase a 3rd.

Remember we have arranged additional discounts on the buyers and loans usa fees, so please contact us first if you are interested in buying properties through our strategic partner: “American Property Partners”.

Simply click on the following link for further info

Access these type of properties for reduced fees

• Latest Memphis Property

• Latest Memphis Property 2

Cheers for now

Mark

About Mark Taylor….

Cleveland, Toledo, Ohio Property Market – State Overview

By Stephen McClatchie

Below is an exclusive video interview we conducted with Stephen McClatchie,  MD of Loans USA.

In this video we ask Stephen about investing in the Detroit property market.

To start your own USA property portfolio, go to:

http://www.keystosuccessclub.com/property/usa-property

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

Cleveland, Toledo, Ohio Property Market – State Overview

Detroit, Michigan Property Market – State Overview

By Stephen McClatchie

Below is an exclusive video interview we conducted with Stephen McClatchie,  MD of Loans USA.

In this video we ask Stephen about investing in the Detroit property market.

To start your own USA property portfolio, go to:

http://www.keystosuccessclub.com/property/usa-property

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

Detroit , Michigan Property Market – State Overview

My property journey – Mackay Strata Titling

The Returns

The valuation came in at $560,000, smack bang in the middle of the forecast.  Previous valuation was at $450,000, so I know have $135,000 of equity in the properties ( loan is currently at $425,000)

The refinance options have been looked at and we are able to secure a 90% LVR loan.  Net result is that I am able to take around $80k to make further investments.

The costs

The costs of the strata titling was in the $15k mark.  It was upped significantly by the need for a firewall which threw in an additional $10k.

Ongoing costs are:

• additional fees for body corporate insurance – approx $1000 p.a.
• Additional rates – approx $1000 p.a
• Additional admin costs for body corporate – approx $500 p.a.

So, you need to make sure you invest the released equity well to leverage the funds effectively

About Mark Taylor….

My property journey – Mackay Strata Titling