2013.02.22 ugc global property profiles

7/29/2019 2013.02.22 UGC Global Property Profiles

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GENERALADVICEDISCLAIMERUGCSGLOBALPROPERTYPROFILE(GPP)ISAFREEMONTHLYPUBLICATIONPROFILINGPROPERTYINVESTMENTOPPORTUNITIESCURRENTLYOR

RECENTLYAVAILABLETHROUGHUNITEDGLOBALCAPITAL.THROUGHOUTTHISDOCUMENT,UNITEDGLOBALCAPITALWILLPROVIDEESTIMATESOFLIKELYINVESTMENTRETURNSBASEDONCURRENTANDAVAILABLEINFORMATION.UNITEDGLOBALCAPITALNORITSPARTNERSMAKEANYGUARANTEE

ASTOTHEACCURACYOFTHISINFORMATIONNORITSACHIEVEABLILITYANDYOUSHOULDBEAWARETHATPASTPERFORMANCEORESTIMATEDPERFORMANCEISNOGUARANTEEOFFUTUREPERFORMANCE.

THEINFORMATIONCONTAINEDINTHISREPORTISGENERALINFORMATIONONLYANDSHOULDNOTBECONSIDEREDPERSONALADVICE.YOUSHOULDCONSULTYOURADVISERORAUGCADVISERBEFOREACTINGONANYOFTHEINFORMATIONCONTAINEDINTHISREPORT.

GLOBALPROPERTYPROFILES22February2013


2/11

TotalInitialInvestmentCalculation

AcquisitionPrice $57,000Refurbishmentcosts $3,000Insuranceduediligencecost $750PropertyInspectionCost $325UGCAdvocacyFee $3,850MortgageClosingCosts $0AttorneyClosingCosts $750PropertyLettingFee $1,300TotalInitialInvestment (A) $66,975

FreeCashFlowCalculationExample:

MonthlyGrossRent: $1,300AnnualGrossRent (B) $15,600

AnnualGrossRentalReturn (B)/(A) 23.29%

LessOperatingCostsAnnualPropertyInsurance: $1,500PropertyManagementFee 10.00% $1,560AnnualMaintenanceProvision 5.00% $780AnnualVacancyProvision(Weeks) 4 $1,200LessUGCAnnualAdviceFee $550AnnualPropertyTaxes: $2,767AnnualHOAFees: $0TotalAnnualOperatingCosts (C) $8,357

AnnualNetFreeCashFlow (D)=(B) (C) $7,243

AnnualNetFreeCashFlowYield (D)/(A) 10.81%

USD FinanceFrom .....3.50%pa Fixedfor30years

Norepaymentpenalties

AUDFinanceFrom.....4.99%paFixed2years

Comparison

rate

5.81%

AUDFinanceFrom.....5.23%paVariableRate Comparisonrate5.55%

Preparedby:JoelHewish (AR:416387)|UnitedGlobal CapitalPtyLtd(CAR:416388)|Lvl39,385BourkeStreet,Melbourne,

VIC3000

| www.ugc.net.au

|03

8459

2121

|Authorised

by

Avestra

Capital

Pty

Ltd

AFSL:

292464

109OliveStreet,Syracuse,NY13204.Thisisafantasticfullyrenovated incomeinvestmentintheTipHillareaofSyracuse.Thisduplexhasrecentlygoneundercontractandisthe

perfectinvestment foranincomeorientedinvestor.

Thisgemfeatures2eatinkitchens,separateutilitieswithonenewfurnace,anewhotwatertank,arecentlyreplacedroofwitharchitectural

shingles,tworefurbishedbathrooms,severalnewlyinstalledwindowsandsomenewlyinstalledflooringinbothunits.

2ndfloorunitisalreadyrentedoutat$625permonth. Thissolidinvestmentcouldgenerateinexcessof12%net.


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AcquisitionPrice $216,000Refurbishmentcosts $10,000Insuranceduediligencecost $3,000PropertyInspectionCost $650UGCAdvocacyFee $3,850MortgageClosingCosts $0AttorneyClosingCosts $1,000PropertyLettingFee $0TotalInitialInvestment (A) $234,500




LessOperatingCostsAnnualPropertyInsurance: $3,000PropertyManagementFee 10.00% $3,600AnnualMaintenanceProvision 3.00% $1,080AnnualVacancyProvision(Weeks) 4 $2,769LessUGCAnnualAdviceFee $0AnnualPropertyTaxes: $3,500AnnualHOAFees: $0TotalAnnualOperatingCosts (C) $13,949



USD FinanceFrom .....3.50%pa Fixedfor30years NorepaymentpenaltiesAUDFinanceFrom.....4.99%paFixed2years Comparisonrate5.81%AUDFinanceFrom.....5.23%paVariableRate Comparisonrate5.55%

Preparedby:JoelHewish (AR:416387)|UnitedGlobal CapitalPtyLtd(CAR:416388)|Lvl39,385BourkeStreet,Melbourne,VIC3000| www.ugc.net.au |0384592121|AuthorisedbyAvestraCapital PtyLtdAFSL:292464

1164&1172JillLane,Marietta,GA30008.Thesetwofullyrenovatedandfullytenantedduplexesofferaterrificopportunityforcashflowandgrowth.Eachduplexcontainsathreebedroomandtwobathroomunitandatwobedroomtwobathroomunit.Bothduplexeshavegoneundercontractfor$108,000each.LocatedinahighdemandsuburbofMarietta,thesepropertieswerevaluedatpeakvaluationsof$190,000onOctoberof2006 and $180,000inOctoberof2007respectively,accordingtoZillow.com


4/11


AcquisitionPrice $108,000Refurbishmentcosts $10,000Insuranceduediligencecost $750PropertyInspectionCost $350UGCAdvocacyFee $3,850Brokerage $1,500

AttorneyClosingCosts $750PropertyLettingFee $1,550TotalInitialInvestment (A) $126,750




LessOperating

Costs

AnnualPropertyInsurance: $1,500PropertyManagementFee 10.00% $1,860AnnualMaintenanceProvision 2.50% $465AnnualVacancyProvision(Weeks) 4 $1,431LessUGCAnnualAdviceFee $0AnnualPropertyTaxes: $2,623AnnualHOAFees: $0TotalAnnualOperatingCosts (C) $7,879





169RichmondStreet,Atlanta,GA30312.Thispropertyisanapprovedshortsale.Itisa2004built3bedroom21/2bathroomhouselocatednearGrantParkandtheAtlantaBravesBaseballStadium.ThepropertyislocatedinanupandcomingsuburbwhichisstartingtoattractyoungprofessionalsanduniversitystudentswhowantquickaccesstotheCBDandmajoruniversities.Thepropertywillrequiresomerefurbishmentsuchasinternalpainting,possiblyreplacementofcarpetandupgradesorpaintingofkitchencupboards.


5/11


AcquisitionPrice $60,000Refurbishmentcosts $3,000Insuranceduediligencecost $750PropertyInspectionCost $350UGCAdvocacyFee $3,850MortgageClosingCosts $0AttorneyClosingCosts $750PropertyLettingFee $1,319TotalInitialInvestment (A) $70,019




LessOperating

Costs






206PattinsonRd,Syracuse,NY13203.Thispropertyfeaturestwoseparateflatseachwith3bedroomsand1bathroom.Eachflatiscurrentlytennantedwithallrents100%subsidisedbytheFederalGovernmentundertheSection8rentalsubsidyscheme.Bothflatshavealreadyreceivedrenovationsinthepasttwoyearsbutwillrequireafurther$3,000inexteriorrepaircostsaftersettlement.Thisisaturnkeypropertythatisalreadyinnegotiationandwilllikelygeneratealowriskgrossrentalyieldof22.6%per annumbasedoncurrentrentsandshouldproduceanetrentalyieldinexcessof11%aftertakingintoaccountallopertaingexpensesandoperatingprovisions.ThispropertyprovidesanopportunityforanAustralianinvestortoacquireasecureincomestreamatalevelwhichwillallowstheinvestmenttopayforitselfwithin10yearswithoutfactoringinanyrentalgrowthorvalueappreciationduringthattime.


6/11


AcquisitionPrice $65,000Refurbishmentcosts $7,000Insuranceduediligencecost $750PropertyInspectionCost $300UGCAdvocacyFee $3,850MortgageClosingCosts $0AttorneyClosingCosts $750PropertyLettingFee $950TotalInitialInvestment (A) $78,600


MonthlyGrossRent: $950AnnualGrossRent (B) $11,400


LessOperatingCostsAnnualPropertyInsurance: $1,200PropertyManagementFee 10.00% $1,140AnnualMaintenanceProvision 2.50% $285AnnualVacancyProvision(Weeks) 4 $877LessUGCAnnualAdviceFee $0AnnualPropertyTaxes: $1,590AnnualHOAFees: $0TotalAnnualOperatingCosts (C) $5,092



USD FinanceFrom .....3.50%pa Fixedfor30years NorepaymentpenaltiesAUDFinanceFrom.....4.99%paFixed2years

Comparisonrate

5.81%

AUDFinanceFrom.....5.23%paVariableRate Comparisonrate5.55%


1427SteamEngineWay,Conyers,GA30013.Thisisa2006builtranchstylehomeonafinishedbasement.Thispropertyislocatedonalargecornerlotandisclosetoshoppinganddining.ItallowsforquickaccesstotheInterstateHighway No.20andisashortcommuteintoAtlantaCBD.Thepropertyisnotadistressedsaleandislistedat$79,900.However,basedoncurrentmarketcomparablesthepropertyislistedwelloverwhatcurrentcomparablessuggestitshouldbe,withtherealistreportsuggesting avaluationof$59,000 withanofferbetween$60,000to$65,000expectedtobeafairprice.Thehousehas4bedroomsand3bathroomsanda2carlockupgarage.ItsoldinDecember2006for$152,059andhadanestimatedpeakvaluationof$174,000in May2008accordingtoZillow.com.Thepropertymayrequirerecarpetingifsteamcleandoesn'tclean carpetsufficientlyanditwillalsoneednewappliancesandsomeminorpaintingandaminorleakrepaired,whichcanbenegotatedwiththeseller.


7/11


AcquisitionPrice $150,800Refurbishmentcosts $36,000Insuranceduediligencecost $2,000PropertyInspectionCost $1,200UGCAdvocacyFee $3,850MortgageClosingCosts $0AttorneyClosingCosts $750PropertyLettingFee $2,600TotalInitialInvestment (A) $197,200




LessOperating

Costs






944AmberlyCourt,Norcross,GA30093.ThisisabankownedandforeclosedQuadraplex.Eachunithas 2bedrooms,2bathroomsandapowderroom.Thebuildingis4sidedbrickandisbackonthemarketatalistpriceof$150,800.Itrequiressomerefurbishmentandtheremaybetheneedforfutureupgradestoairconditioningunitswhichhavebeenprovisionedforintherefurbishmentestimates.Eachunitshouldrentforbetween$625and$675permonth.Eachunithastwoallotedcarparks.


8/11

One bedroom apartments from $445,000

Two bedroom apartments from $509,000

Property Investment AnalysisInitial Year, One Bedroom @ 34% Marginal Tax Rate

Purchase Price $445,000

Purchase Costs (Stamp Duty, Legals, etc) $4,944

Total Borrowings $449,944

Rental Income (per annum) $21,840

Annual Gross Rental Yield 4.85%

Less Annual Vacancy Allowance $1,260

Total Income $20,580

Total Cash Expenses (Rates, Letting Fees, Interest etc)* $34,161

Pre Tax Cashflow Surplus / Deficit -$13,581

Non-Cash Depreciation Allowances -$13,000

Total Cash & Non-Cash Tax Allowances -$26,581

Total Tax Credit $9,038

Net Cash Surplus / Deficit After Tax Per Annum - 4,543

Net Cash Surplus / Deficit After Tax Per Week -$87

* Assumes an interest rate of 5.5% interest only 80% LVR

USD Finance From .....

3.50% pa

Fixed for 30 years

No repayment penalties

AUD Finance From.....

4.99% paFixed 2 years

Comparison rate 5.81%


5.23% paVariable Rate


United Global Capital Pty Ltd | Lvl 39, 385 Bourke Street, Melbourne , VIC 3000 | www.ugc.net.au | 03 8459 2121

THE ALBERT, BRUNSWICK EAST

Positioned between Lygon and Nicholson Streets, The Albert will be composed of a series of buildings that face tyhe expansive Fleming

Park.

Located in the culturally diverse and eclectic community of Brunswick East and just 5.9kms from Melbourne's CBD, The Albert is designed

for flexible living where the 1 & 2 bedroom apartments have been thoughtfully conceived with superior grade finishes and natural

materials.

Through the use of these natural and high-grade materials, The Albert is a development true quality, a home that will set a new benchmark


9/11

One bedroom apartments from $360,000Two bedroom a artments from $530,000

Pro ert Investment Anal sisInitial Year, One Bedroom @ 34% Marginal Tax Rate













Net Cash Surplus / Deficit After Tax Per Annum -$2,272




3.50% pa Fixed for 30 years









SIENA, MILTON (BRISBANE)

Siena is a boutique apartment development consisting of 49, one and two bedroom apartments over 10 levels

with views from the higher levels to the Brisbane CBD, Toowong and Mt Cootha.

Located 2.3kms from Brisbanes CBD, Milton is one of Brisbanes most sought after lifestyle neighbourhoods.

Siena is within walking distance to the Park Road precinct with its varied choice of shopping, restaurants and

eateries.

This boutique development is being developed with many design inclusions and features that contribute to

todays modern apartment living experience.


10/11

One bedroom apartments from $417,000Two bedroom apartments from $655,000

Property Investment AnalysisInitial Year, One Bedroom @ 34% Marginal Tax Rate













Net Cash Surplus / Deficit After Tax Per Annum - 4,049




3.50% pa Fixed for 30 years









THE MILTON, MILTON

Brisbane's Inner West is fast becoming a hub for inner-city and The Milton will be at the heart of the amazing

transformation. Miltons unique combination of a prime inner city location, access to major public transportation

and arterial networks, as well as its central position close to educational, business, entertainment and

recreational amenities, are recognised key factors in providing an attractive opportunity for potential property

investors.

The Milton capitalises on its unmatched location immediately adjacent to Milton Railway Station to create a

vibrant urban hub only two kilometres from the Brisbane CBD and will incorporate residential apartments,


11/11

Wheredoyouwanttobe?

UnitedGlobalCapitalPtyLtd,Level39,385BourkeStreet,MelbourneVICAustralia3000

CorporateAuthorisedrepresentave(416388)ofAvestraCapitalPtyLtd(AFSL292464)

Phone:61384592121|Fax:61384592102|Website:www.ugc.net.au|Email:[email protected]

GLOBALPROPERTYPROFILES

2013.02.22 ugc global property profiles

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