Debt Investment Offer - 9% Annual Return
The Business Opportunity and Exit Strategy
Debt investment opportunity in the acquisition of a two-unit multi-family property, promising a robust 9% annual return. Situated in Brownwood, Texas, this investment stands at an attractive 6.5% below market value, a valuation substantiated by an existing appraiser’s report.
The property has undergone significant enhancements, including crucial infrastructure repairs and an extensive cosmetic renovation. Post-renovation, both units are leased to tenants, with monthly rental income serving dual purposes—contributing to investor profits and funding ongoing property maintenance.
This investment has a duration of up to 7 years, concluding with the return of the principal to the investor. The interest will be returned biannually or annually, at the discretion of the investor.
Financial Data
- Amount of Debt Investment: $ 220,000
- Property Appraised Value: $ 230,000
- Renovation: After Renovation
- Annual Return on Contractual Obligation: 9%
- Project Duration: Up To 7 Years
- Rent income: $ 2300/mo
Property features
- Total Living Space: 1,408 sqft
- Lot Area: 9,627 sqft
- Number of Units: 2
- Bedrooms: 1 per unit
- Bathrooms: 1 per unit
- Year of Construction: Preowned
Map
Important Conditions
- No need to establish a U.S. company
- No U.S. tax reporting required
- Optional to open a U.S. account
- Loan agreement in Hebrew + promissory note in English (Note)
- Information provided is general; for investment in a real estate project
- managed by Hominvest LLC
- Project investment offered to a limited number of any investors as per Securities Law (התשכ”ח–1968), not for public offering.