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HUE Lofts Special Incentives!
Call 702-985-7654 for more details on this great offer!

The developer will offer the following developer funded incentive to the first 165 buyers:

1.Guaranteed 7% per lease-back program for 2 years
2.Payment of Home Owner’s Association (HOA) fees for 2 years
3.Payment of property taxes for 2 years

Assuming a purchase price of $1,000,000.00 and a mortgage LTV ratio of 80% at 7% per year interest:

Estimated Income over 2 Years:
1.Lease Back = $140,000
2.HOA: $16,800 (estimated at $0.50/sq ft on 1400 sq ft unit)
3.Property taxes: $20,0000 (estimated at 1% per year for 2 years)

Total: $176,800

Estimated Payments over 2 Years:
1.Estimated loan payments of $134,400 (80% LTV at 7% interest)
2.HOA: $16,800
3.Property taxes: $20,000

Total: $171,200

End Result:
Developer Paid:$176,800
Buyer’s Responsibility:$171,200
Result:$5,600 annual cash-flow

**Example is for illustration purposes only**


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