New Rosemont
Energy Efficient and Smart Homes
Grand Realty of America Corp.
1-800-Go-Realty www.NewRosemont.com
Vantage Competitive This development is very competitive with a very good location in Orlando, smart material & design, beautiful complex, and incredible price. All this plus a small development. It is secure, and an interesting investment. NewRosemont is in very good location in the North of the Orlando City. It’s at the famous John Yong 411, a few blocks from I-4. It’s close to the Winter Park commercial area. It’s around Universities. NewRosemont has a smart design with four bedroom and two floors. It is built with materials of the future. It will be economic and energy efficient economic, and efficiency in energy. The Rosemont complex has internal roads with old trees, a golf course of 18 holes, Lake Orlando, a clubhouse, pool, and a lot of infrastructure. The price is highly competitive with existing townhouses in the area. The other properties are inefficient, less bedrooms, and old construction. The people could live, invest for rent for days or a year, or used mixed vacation and rent. For all this, we know that NewRosemont is secure, and an interesting investment. Three Version 3 12 08 20 09 136 Design & Text © 2009 - NewRosemont, LLC Illustrations © 2008 - NewRosemont, LLC Renders © 2009 - Riflex Development USA Corp. Blueprints © 2009 - AIP Design, Inc. Photographs © 2008 - Dario Silva. All rights reserved. No part of this document may be reproduced by any means whatsoever without written permission from the publisher, except brief portions quoted for purpose of review.
Summary Interesting Financially NewRosemont is a financially interesting project where the risks are totally minimized. Due to: The low percentage of the credit vs. the property value(49%). The high percentage of the profit vs. the property value (29%). The liquidity is high (It’s adding profit and return of the cash). The sale of 3 units, pays all debt. For all this, The developers could repay the credit easily.
COST DETAIL
Credit
DOLLARS
%
$
531,300.00
73%
$
26,565.00
4%
Pay
$
165,000.00
23%
Total Cost
$
722,865.00 100%
5% Finance Charge
PROFIT DETAIL
DOLLARS
%
Total Sales
$
1,055,989.00 100%
Finance Charge
$
26,565.00
3%
Credit
$
531,300.00
50%
Pay
$
165,000.00
16%
Sales Cost
$
73,411.00
7%
Net Profit
$
259,713.00
25%
RETURN CASH DETAIL
DOLLARS
%
Total Sales
$
Credit
$
1,055,989.00 100% 531,300.00
50%
Finance Charge
$
26,565.00
3%
Sales Cost
$
73,411.00
7%
Return Cash
$
424,713.00
40%
Propert Address The property is located at 4129, 4131, 4133, 4135, 4137, and 4139 South Lake Orlando Parkway, Orlando FL 32808.
Size The total lot is 150’ x 107’. This land is divided in six (6) contiguous lots with a buildable area of 25’ x 46’ each.
Land There is sewer, electricity, and water. The parking lot, gate access, internal road, pool, clubhouse and landscape are totally finished. The complex has a community center, park and an optional golf course. The lots are mostly clear and leveled, with an average of 5 different types of trees. The area is ready to start construction. All lots have subdivision made and address.
Legal Description Townhomes of Rosemont Green condo CB 23/131 unit 4129, condo CB 23/131 unit 4131, condo CB 23/131 unit 4133, condo CB 23/131 unit 4135, condo CB 23/131 unit 4137, condo CB 23/131 unit 4139.
Master Plan Development in the Rosemont area began in the early 1970’s with the approval of a Master Plan for a 750 - acre, mixed-use, golf-course community surrounding a 176 - acre lake. The original Master Plan described Rosemont as “a whole city totally inside the City of Orlando.” The development was envisioned to include an 18-hole golf course, 70 acres of office/commercial area, 3,200 multifamily units and 376 single-family homes (89% multi family v. 11% single - family). Today, the much larger 1,176 acre Rosemont neighborhood is essentially built-out, with approximately 3,418 multifamily units and 682 single - family homes (83%multifamily v. 17% single-family).
Building First Floor
Front Yard
Master Bedroom with
Walk-in Closed
Bathroom
Guest Bathroom
Kitchen
Living Room
Dining Room
Patio or Florida Garden
Second Floor
Bedroom 2
Bedroom 3
Studio or Bedroom 4
Bathroom
Laundry
Smart House
Solar Water Dual Flush Wall Panel Solar Energy CFL Bulb Automatic Switch Electric Thankless Wireless Intranet
Wall Panel The panel is engineered to hold up against nature's toughest challenges. Quite possibly, one of the toughest challenges a home must withstand is surviving the constant onset of pesky insects like termites. Unlike wood, panel offers no food value to insects. The panel, when clad with light gauge steel skins, makes for the "Ultimate Steel Stud." Used in conjunction with interior light gauge steel framing and insect resistant foam, this version of the house package can truly be termite proof. In several cases where homes within close proximity to one another were leveled by tornadoes, hurricanes or earthquakes, SIP homes have been found standing. The continuous wall and roof prevents sudden surges of air pressure within the home. The Snap-N-Lock™ Insulated Panel also has the strength of an I-beam. The skins act like flanges, taking compressive and tensile loads, while the insulation works like an I-beam web, distributing shear forces and keeping the skins from buckling. Humidity is one of the most destructive elements of nature, in regards to construction materials. Aluminum or steel laminated to both sides of the panel provides an impermeable barrier against the transmission of water vapor. The coefficient of permeability for the panel is 00, compared to a 2.4 coefficient for brick. The rating is determined by the quantity of water vapor that can penetrate the material in 1 hour/sq. ft. x 1" Hg. mercury. A surface has increased impermeability the smaller the rating. Metal skins can be custom laminated to any of our OSB panels to create a water vapor barrier on one or both sides of the panel.
Estimate Estimate Prices
METHODS OF ESTIMATE METHODS
PRICES
We used different methods of different sources for estimating the sales prices:
Appraisal Digital "Zillow"
$ 250,000.00
Average Value "ThownHouse Green"
$ 169,228.00
CMA - Sell Price Average
$ 230,700.00
1. Appraisal Digital “Zillow”.
CMA - Sell Price per Sq Ft
$ 179,296.00
2. Average Value of the community “Townhouse Green”.
Comparative with Development in Area
$ 196,501.00
3. Broker Realtor Opinion. Sell Price Average. 4. Broker Realtor Opinion. Sell Price per Sq. Ft. 5. Comparative with development in the area.
STADISTIC OF METHODS OF ESTIMATE STATISTIC
Average of all Methods
$ 205,145.00
Low Price
$ 169,228.00
Mid Price
$ 196,501.00
Hihg Price
$ 250,000.00
Sales Prices The prices of the property is put thing in the marketing. The lowest price is for testing the market and quick sales. The big price is for obtaining the most return. The most expensive price isn’t as high as the highest estimate. The most expensive sales prices is more less that the more expensive value.
SALES PRICES UNIT
pays all debt.
PRICES
4129 S Lake Orlando Pkwy
$
219,900.00
4131 S Lake Orlando Pkwy
$
189,900.00
4133 S Lake Orlando Pkwy
$
169,900.00
4135 S Lake Orlando Pkwy
$
159,900.00
4137 S Lake Orlando Pkwy
$
179,900.00
4139 S Lake Orlando Pkwy
$
209,900.00
Total Sales Prices
$ 1,129,400.00
SALES COST
6% Realtors 0.5% Closing Cost
The sale of 3 units,
PRICES
Total Sales Cost
PRICES
$
67,764.00
$
5,647.00
$
73,411.00
NET SALES
PRICES
Total Sales Prices
$ 1,129,400.00
Total Sales Cost
$
Net of the Sales
$ 1,055,989.00
73,411.00
COST COST
TOTAL
PAY
PAY OFF
Land
$ 140,000.00 $ 140,000.00 $
Building
$ 531,300.00 $
Architect & Engineer
$
Gross Cost
$ 696,300.00 $ 165,000.00 $ 531,300.00
-
25,000.00 $
-
Annex
$ 531,300.00
25,000.00 $
-
DOLLARS
%
$ 531,300.00
73%
In this document, we don’t print the annex, and blueprint for respect to the environment and to reduce the amount.
$
26,565.00
4%
You can look for the annex at:
Pay
$ 165,000.00
23%
Total Cost
$ 722,865.00
100%
COST DETAIL
Credit 5% Finance Charge
WWW.NewRosemont.com/annex 1.
Comparative Market Analysis.
2. Appraisal Digital “Zillow”. 3. Average Value “Town House Green” PROFIT DETAIL
4. Comparative with Development in Area.
DOLLARS
%
Total Sales
$ 1,055,989.00
100%
Finance Charge
$
26,565.00
3%
Credit
$
531,300.00
50%
Pay
$
165,000.00
16%
Sales Cost
$
73,411.00
7%
You can look for a the copy of this document at:
Net Profit
$
259,713.00
25%
WWW.NewRosemont.com/doc-fin
RETURN CASH DETAIL
DOLLARS
%
Total Sales
$ 1,055,989.00
100%
Credit
$
531,300.00
50%
Finance Charge
$
26,565.00
3%
Sales Cost
$
73,411.00
7%
Return Cash
$
424,713.00
40%
You can look for the blueprint at: WWW.NewRosemont.com/blueprint
Please don’t print those documents unless you really need to!
Development in Area
New Rosemont
The Comparative Ashland Park Homes Es un desarrollo de referencia muy importante para nosotros, ellos estan a apenas 0.7 millas de nuestro desarrollo. Nosotros conocemos personalmente a los desarrolladores, compartimos varias cosas en comun , por ejemplo los mismos arquitectos. Ellos van a empezar la etapa III del proyecto ya que vendieron la etapa I y II.
MLS Adress O4922921 3717 S Lake Orlando Pkwy # 1 O4923601 3717 S Lake Orlando Pkwy # 3 O4923600 3717 S Lake Orlando Pkwy # 2 Average
Beds 2 2 3
Baths 1/1 2 2/1
Sq Ft 1103 1373 1398
Price $ 159,000.00 $ 169,900.00 $ 174,900.00
Price x Sq Ft $ 144.15 $ 123.74 $ 125.11
1291
$ 167,933.33 $
131.00