I am looking for an investor to buy a house for a hostel
Purchase amount $400,000, $60,000 Down payment required. We will buy with 4 rooms and 3 bathrooms.
Arrangement: 4 bunk beds for 2 rooms. And 4 singles for 2 other rooms. The total number of beds is 8 and 4 beds for 4 rooms.
The average rental price is 50 and 70 dollars. With full filling 8*50= 400 and 70*40= 280 Total 780 per day. With 60% filling $468 per day. I conduct settlement and administration at the first objects on my own.
Let's take the saddest case with $400 per day, that's $12,000 gross per month. Payment of utilities, about 20%. The balance of $10,000 minus the mortgage fee (about $2500 per month with a fixed percentage) We take for 30 years, Main monthly Income.
And that: 7500 $ of income per month. Considering that the initial investment is yours, and the mortgage and the introduction of control are on me, then the income is divided in half, where your participation is minimal and visual. And this is one of the unprofitable scenarios where the payback takes almost 2 years for you. At best, the payback is less than a year.
My name is Bekzod Dzhanpolatov, I am 23 years old. Studied in the field of financial accounting. In the country for about a year, there are basic documents and a good credit history.
Of the entrepreneurial successes, the creation of online stores in 2018, he was engaged in the promotion of social networks and small businesses with the resale of goods. In the country to enroll in a biologist.
I count only on tight, trusting and long-term relationships. Ask any convenient questions, preferences, conditions.
I am sympathetic to any proposals.
The area of the considered purchase, the Bronx.
phone: +14159993828.