Detroit Property Investments

Global Investments Local Reach : 

Global Investments Local Reach

Global Investments Local Reach : 

Global Investments Local Reach Investment High-lights All inclusive cost of purchase starting from $37,995 Instant equity in property of up to 50% First year goverment backed rental yields up to 25% Second year and ther after rental yields up to 20 % Secure and tangable investment Title deed secure and insured Clear exit stratagie with in 3 to 5 years Best case return of investment over a 5 year period up to 300% ROI Worst case return of investment over a 5 year period up to 100% ROI

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Global Investments Local Reach US Investment Overview The US has been the only world superpower for almost thirty years now and in the last year, the world has watched as it began to stumble due to the credit crunch.This has had a huge affect on the US and has cost millions of jobs and many blue chip companies have needed billions in rescue aid. This has led to an unprecedented number of people being repossessed, with few Americans wanting to invest in the market. This has led to unbelievable bargains to be had for the savvy investor, with some properties around 50-70% below market value!However, anyone who thinks that the US is losing its shine is mistaken. With the election of Barack Obama, there is a new sense of confidence from the American people and as we have seen before, the US can and will reinvent itself and continue to take the main role on the world stage in terms of raw economic might.The economic plans are being put into motion right now, but there is still a limited time to take advantage of this “once in a lifetime opportunity” to cash in on these excellent deals.We have carefully monitored the US economy and property market for some time and we feel that the right time to invest for pure profit on a huge scale is now. And the place, Detroit.We have chosen Detroit because there are billions of US dollars flowing into this city and at the same time huge untapped demand for quality accommodation. With many US investors not having confidence in the market to buy, it means investors like you can truly take advantage of the high demand for good quality rental property – at prices less than it cost to build the properties!

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US Investment Overview Partnering with the highly respected property investment company, Mayfair Group, we are sourcing incredible turnkey properties that are:1. Significantly below market value from 50-70% - giving thousands of equity from the start.2. Are totally refurbished to a approved standard and are 100% ready and rentable.3. Mayfair Group finds you the tenant and you benefit from rental yields of up to 25% - giving excellent cash flow per month.4. Low cash outlays from just $37,995, and yields up to 25% - much better than cash in the bank!5. Detroit is set to make a huge recovery – with over $50 Billion of aid from the government and the big three car manufacturers set to take advantage of the expected 16.5 Million car sales by 2012.So if you are looking for a highly cash flow positive property, that is fully turnkey and ‘zero hassle’, and has tens of thousands of equity from the start – for just a mere $37,995 all in, then we welcome you to read this investment pack fully. We are sure you will be as excited as ourselves about this opportunity.These kinds of deals will not be around for long as savvy US investors and High net worth individuals (Including Donald Trump) are already investing and pushing up prices. Global Investments Local Reach

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Global Investments Local Reach Why The USA (Detroit) Market Can Make You Money! It’s a common fact amongst experienced investors to buy property when prices have fallen and there are signs of a recoveryWhy is this?Simple, you are buying more property for your money, and also in an excellent position to take advantage of the upturn in the market – both of which will lead to you making higher potential returns and profits.So then the key to making the highest return in the USA market is based on two key aspects.Reason 1 – Locking In Thousands Of Equity By Buying Bargain Property At Huge Discount To Market Value Right now there are millions of repossessions in the US due to families being unable to maintain their mortgage payments. For most, this is simply due to one of the income earners losing their job.Using our US partners, we can source properties that are up to 70%+ cheaper that they were last year.In fact, many properties we are now sourcing are actually for significantly less than they were to build! This means that not only are you buying some incredible bargains, but you are achieving thousands of pounds instant equity from Day 1. Reason 2 – Making Huge Returns By Spotting When The Market Will Recover. Before the election the level of interest by USA and overseas investors in the market was at an all time low. Many people wanted to hold on to their money and see what the result of the election was. It was widely agreed that Barack Obama was the best candidate to help the wobbling USA economy.Since his election, President Barack Obama is taking an active interest in Detroit and specifically the big 3 car companies, whom much of the Detroit workforce and economy rely upon.The following proves why Detroit is now set to undergo a huge recovery – meaning your bargain properties could see large increase in value.

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Why The USA (Detroit) Market Can Make You Money! Fact 1 – Massive Capital Injection Detroit Economy = More Jobs And Investor Confidence $50 billion has been allocated for the energy programme. Chrysler have been handed $1 billion dollars and are asking for another $5 billion. General Motors have had $13.4 billion dollars and want another $16.6 million. Ford – two years ago had $7 billion. This brings the total handouts to the auto industry in Detroit to $43 billion.Fact 2 – There Is Limited Supply Of Repossessed (Foreclosure) Properties = Prices Increasing This will have a shorter window than first anticipated because of plans to use 1 trillion dollars to buy back toxic assets from the banks – part of this programme will close down the wave of foreclosure properties. At the very best, it could be 18 months but could easily be as short as 12 months.This means that the remaining properties on offer will increase in price – and we are already seeing evidence of this. So the time to get the best bargains is right now.      Fact 3 – There Is A Rental Craze Across America = Higher Yields Push Up Prices Just like what is happening in the UK. Falling prices means higher yields. This is mainly due to people scared of buying and so renting instead, leading to higher demand for good quality rental property. Global Investments Local Reach

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Exit Strategies: Realising Your Profit 1.  Sell at Market Value to your Tenant. We actively manage your property and your tenant, getting them organised and ready, once they qualify, for a government backed mortgage. This is a built-in exit strategy.2.  Sell on the Open Market. As the general market picks up, we have links to agents around the city.3.  We match sellers together so single units are bunched and sold off as Portfolios to investors. Portfolio clients’ can sell to Investors; both have the advantage of confirmed track record of rental return.4.  A blend of 1, 2 and 3 will allow for a faster exit based on a portion of tenants taking up the mortgage guarantee offer as well as open market sales and portfolio sales.5.  Subject to availability, Re-Finance your portfolio and generate capital, tax free. Global Investments Local Reach

Global Investments Local Reach : 

Goverment Backed Purchase by the Tenant This is where the tenant buys from the investor after 1 year to 18 months. This programme works as follows: Investor buys property at say $41,650 (refurbished, with tenant in place). Tenant pays rent to investor of which up to 95% is guaranteed by the US Government for $750 per month. After 18 months, the tenant offers to exercise his / her option to purchase (tenant is assisted by the management company to obtain a mortgage) through several avenues of credit counsellors and also through traditional finance institutions. Investor agrees to sell at                      $72,590 Therefore, investor’s investment: Paid: To buy property outright               $41,650 Sold at (18 months later)                      $72,590 Profit:                                                  $30,940 Plus rental received over 18 months:     $13,500 Net potential profit over 18 months: $44,440 18 payments of $750 = $13,500 Therefore, on initial investment of $41,650, the return on investment equals 107%.   In 4 years and 7 months, the total outlay is returned from the rental alone. Global Investments Local Reach

Global Investments Local Reach : 

Global Investments Local Reach 3 To 5 Year Exit Strategy At the end of the 3 or 5 years Mayfair Group can resale your property in the open market to end users or investors. Mayfair Group would use its partners Remax Classic to resale your property who are 5th largest Remax franchise in the USA with over 150 agents in place in the Detroit Market. 3 Year 5 Year Purchase Price $37,995 $37,995 Sale Price $67,595 $77,995 Rental Income $21,316 $33,894 Net Profit $50,916 $73,894 Net ROI % 134% 195% The above illustration is based on the following: 1st Year net rental yield = 23% 2nd + years net rental yield =17% Sale price is based on current market price + 10% per annum.

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Global Investments Local Reach Comparable properties sold in the last 12 moths Below are a few examples of recent purchases that have been made and a the chart below gives prices for similar properties in the same location: Address: 18940 WORMER ST, DETROIT, 5032 Bungalow built in 1926 3 Bed 1 bath Garage for 1 car 1404 Sq Ft Cost to buy: $37,240 Est. current value: $54,657 Comparable recent sale prices in the same area... Address: 13949 ROSELAWN ST, DETROIT, 5042 Colonial brick house built in 1927 3 Bed 1 bath Detached garage for 1 car 1521 Sq Ft Cost to buy: $28,280 Est. current value: $50,016 Comparable recent sale prices in the same area...

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Global Investments Local Reach Comparable properties sold in the last 12 months Below are a few examples of recent purchases that have been made and a the chart below gives prices for similar properties in the same location: Address: 16933 WASHBURN ST, DETROIT, 5042 Brick bungalow built in 1936 4 Bed 2 bath Detached garage for 2 cars 1312 Sq Ft Cost to buy: $32,496 Est. current value: $60,701 = £41,424 Comparable recent sale prices in the same area... Address: 8900 GRIGGS ST, DETROIT, 5042 Brick house built in 1952 3 Bed 2 bath Garage for 2 cars 1284 Sq Ft Cost to buy: $41,408 Est. current value: $77,586 = £52,964 Comparable recent sale prices in the same area...

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Purchasing Property In Detroit Michigan, USA Case Study

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Property Sale Price: $130,000 Bedrooms: 4 BedroomsProperty Tax: Up To $3,600 Title: Freehold Rental: Up to $1,000Built Area: 1,435 Sq. Ft. Lot Size: 40 x 144 Property Sale Price: $124,000 Bedrooms: 3 BedroomsProperty Tax: Up To $3,000 Title: Freehold Rental: Up to $900Built Area: 1,300 Sq. Ft. Lot Size: 40 x 123 Property Sale Price: $99,000 Bedrooms: 4 BedroomsProperty Tax: Up To $3,300 Title: Freehold Rental: Up to $1,000Built Area: 1,410 Sq. Ft. Lot Size: 40 x 120 Property Sale Price: $85,000 Bedrooms: 3 BedroomsProperty Tax: Up To $3,000 Title: Freehold Rental: Up to $900Built Area: 1,250 Sq. Ft. Lot Size: 40 x 118 Detroit, MI48224 Detroit, MI48224 Detroit, MI48224 Detroit, MI48224 Properties For Private Sale in The Same Area:

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Property Details: This is a Single-Family Home located at 4874 Courville Street, Detroit MI. 4874 Courville St has 1 bath and approximately 1,650 square feet. The property has a lot size of 0 square feet and was built in 1928. The average list price for similar homes for sale is $122,633 and the average sales price for similar recently sold homes is $114,240. 4874 Courville St is in the Morningside neighborhood in Detroit, MI. Location: 4874 Courville St, Detroit, MI 48224 Bedrooms: 3 Year Built: 1928 Built Up Area: 1,650 Sq. Ft. Lot Size: 40 x 140 Courville St, Property Details: Property Sold for $39,939 Current Market Price Of Property $56,495

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The cost of the property will Include the following: Property acquisition costs All Legal fees Title deed Insurance to the value of purchase price 1st Year’s summer and winter tax Refurbishment costs of the property Connection of all utilities Occupancy certificate from Housing state department in Michigan Placement of tenant 1st year building and liability insurance All project management inclusive of bank costs What’s Included In The Price:

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You decide to invest Choose 4 properties in priority order of choice from the list available from Mayfair Group website Fill in reservation form, scan and email it back to Mayfair Group Remit 10% to Mayfair Group’s Client account Mayfair Group bid and acquire 1 of 4 of the properties that you have selected Upon acquisition all the legal work commences to clear the title and register it on your name You will then be requested the remaining 90% to be paid to complete the transaction You will receive the title with all the relevant paper work within 14 days. Once the acquisition is complete the refurbishments of the property will commence which can take between 14 to 30 days to complete. The property management company will send you out details that require you to review and sign for the property management and then a Tenant is placed. We manage the acquisition, refurbishments and appointment of the property management company for you thus giving you a complete turnkey solution and then the property management company will remitting on a monthly / quarterly basis the rental to you along with the relevant inspection reports which will include pictures of the internal and external part of the property. Property Purchasing Process:

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The property acquisition will take up to 30 days to completion Upon the acquisition of the property the refurbishment will begin Refurbishment will take up to 30 days to complete Upon completion of the refurbishment all utilities will be reconnected to the property The refurbishment company will then get the occupancy certificate from the Michigan Housing Department The property will then be tenanted which will take up to 30 days, in most cases properties are tenanted with in 7 days of refurbishments completed Once rented the monthly payment will be remitted to you the investor with full reports and pictures about the property Monthly Mayfair Group can also support you when you wish to exit from the investment and sell your property. Final Process :

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Global Investments Local Reach How To Reserve To reserve your unique bargain USA property with high yields, please complete the reservation form carefully and return this form to Mayfair Group Ltd. Please complete, scan and email to sales@mayfair-group.com . ONE form is required for each Unit you would like to reserve. Sales Procedure: Step (1) The type of houses we could offer on your behalf would be presented to you, outlining background to the area, and an idea as to what projected capital earnings you could expect on your investment.Step (2) Once you have decided to invest, a deposit of 10% would be due which would be paid into a client account. You would then receive USA Agreement to Purchase documents to be signed, after a foreclosure property bid had been confirmed (approximately two weeks). Monies would then be sent immediately to the closing company in the USA to secure the said property.Step (3) Solicitors or a titlement closing company in the States and UK will commence all legal work and searches on the property and the clearing of any charges on the house. An inspection by the City inspector would follow and a clearance certificate would be issued.Step (4) Documents will be returned to you to be signed once everything is in order. These again need to be returned to Mayfair Group to be forwarded by courier to the titlement company in the States. Mayfair Group would also require the outstanding balance 0f 90% to be paid at this stage.Step (5) Two weeks later the title deeds will be delivered to you. Mayfair Group then commences refurbishment and on completion and the securing of the certificate “passed for occupation” we would assign the letting agents to place tenants. The management service would commence at this point.From start to finish you would be looking at completion within 8 weeks (and perhaps even 6 weeks). We would expect to have a tenant within 4 weeks however in most cases a tenant is placed with in 7 days of completion of the refurbishment.

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Contact UsMayfair GroupBerkeley Square House Berkeley Square Tell No: +44 (0)207 183 2207Mayfair Email: info@mayfair-group.comLondon Web: www.mayfair-group.com W1J 6BD United Kingdom Global Investments Local Reach