Spreadsheets
Lake Placid Gold Model and Premium Model Spreadsheets
Gold Model
Here are the spreadsheets for the Gold Model – for purchasing a pre construction property, with or without financing, and an almost ready property – with and without financing.
Gold Model - Pre Construction
These are properties that are being built for you. In the cash option – The first payment is for the lot, and the rest 5 payments are for the constructions . In the financing option you pay 50% of the purchase price. Market value on January 2024 – around $269,300
Gold Model Preconstruction - Cash Purchase - $225,000
6 payments. The first payment is for the lot, and the rest as the building goes along. Equity: $45,000 per property.
Gold Model Preconstruction - 50% Financing - $235,000
We offer construction financing with 0% interest that we take on our name. You pay 50% in 2 instalments: $58,750 Each. Equity: $35,000 per property.
Financing the Gold Model property once it's ready
The spreadsheet demonstrates your cash flow for the time the property is ready and you finance it with 50% LTV – in case you purchased it for cash or with 50% financing.
Gold Model - Almost Ready Made House
From time to time we have properties that are almost ready, 2-3 months before completion. We offer them for $245,000, since we paid for the construction financing. The benefit is, that you don’t need to wait 10.5 months for the construction completion, so multiply an avarage rent of $1850, by 10.5 months that it takes to build the property, you will get $19,425 in gross rent which is even more then the addition we added fror the cost of financing. By purchasing multiple Ready Made Properties, we can offer a discunt per the amount of properties that you purchase – when you buy 2, you will get a discount of $5000 each, and when purchasing 3, you will get a discount of $10,000 dollars each. Equity: $25,000 per property.
Gold Model Almost Ready House - Purchase of 1 Property- $245,000
Equity: $24,300 per property.
Gold Model Almost Ready House - Purchase of 2 Properties- $240,000 Each (Save $10,000)
Equity: $29,300 per property.
Gold Model Almost Ready House - Purchase of 3 Properties- $235,000 Each (Save $30,000)
Equity: $34,300 per property.
Gold Model Almost Ready House - 65% Financing - $245,000
By purchasing a ready made property you can get a residential financing that is only available for a property that is already built up. So in that case you are able to get 65% financing even as a foreign national, and only invest 35% of the property price which is: $85,750 Equity: $25,000 per property.
Premium Model
Here are the spreadsheets for the Premium Model – for purchasing a pre construction property, with or without financing, and an almost ready property – with and without financing.
Premium Model - Pre Construction
These are properties that are being built for you. In the cash option – The first payment is for the lot, and the rest 5 payments are for the constructions . In the financing option you pay 50% of the purchase price. Market value on January 2024 – around $316,300
Premium Model Preconstruction - Cash Purchase - $255,000
6 payments. The first payment is for the lot, and the rest as the building goes along. Equity: $61,300 per property.
Premium Model Preconstruction - - 50% Financing - $269,000
We offer construction financing with 0% interest that we take on our name. You pay 50% in 2 instalments: $67,250 Each. Equity: $51,300 per property.
Financing the Premium Model property once it's ready
The spreadsheet demonstrates your cash flow for the time the property is ready and you finance it with 50% LTV – in case you purchased it for cash or with 50% new construction financing.
Premium Model - Almost Ready Made House
From time to time we have properties that are almost ready, 2-3 months before completion. We offer them for $279,000, since we paid for the construction financing. The benefit is, that you don’t need to wait 10.5 months for the construction completion, so multiply an avarage rent of $2000, by 10.5 months that it takes to build the property, you will get $21,000 in gross rent which is even more then the addition we added fror the cost of financing. By purchasing multiple Ready Made Properties, we can offer a discunt per the amount of properties that you purchase – when you buy 2, you will get a discount of $2500 each, and when purchasing 3, you will get a discount of $5,000 dollars each. By purchasing multiple Ready Made Properties, we can offer a discunt per the amount of properties that you purchase – when you buy 2, you will get a discount of $5000 each, and when purchasing 3, you will get a discount of $10,000 dollars each. Equity: $25,000 per property.
Premium Model Almost Ready House - - Purchase of 1 Property- $279,000
Equity: $37,300 per property.
Premium Model Almost Ready House - - Purchase of 2 Properties- $276,500 Each (Save $6,000)
Equity: $39,800 per property.
Premium Model Almost Ready House - - Purchase of 3 Properties- $275,000 Each (Save $12,000)
Equity: $41,300 per property.
Premium Model Almost Ready House - 65% Financing - $279,000
By purchasing a ready made property you can get a residential financing that is only available for a property that is already built up. So in that case you are able to get 65% financing even as a foreign national, and only invest 35% of the property price which is: $97,650 Equity: $37,300 per property.Equity: $25,000 per property.