| |
|
|
|
|
Go Zone Investment Townhomes
|
Go Zone Investment Condos
|
 |
|
|
|
|
|
|
Positive Cash Flow Invest.
|
|
|
|
Real Estate Investing Articles
|
Real Estate Investing Resources
|
|
| |
|
GO ZONE INVESTMENT REAL ESTATE IN BILOXI CASINO AREA
|
| |
|
|
| |
|
| |
COMPARISON CHART - DUPLEX VS. SINGLE FAMILY |
| |
|
| |
Duplexes
|
Single Family Homes |
| |
|
|
| Price |
$212,500 to $265,000 |
$125,900 to $166,000 |
| Location |
10-30 minutes to Casinos in Gulfport & Biloxi |
15 minutes to Gulfport, 25 minutes to Biloxi |
| MDA Small Rental Assistanct Cash Incentives |
$54,000 Cash Incentive in the form of a five year forgivable loan
$18,000 Quick Build Incentive
$73,000 Cash Incentive from Mississippi Small Rental Assistance Authority
|
$27,500 Cash Incentive in the form of a five year forgivable loan
$10,000 Quick Build Incentive
$36,500 Cash Incentive from Miss. Small Rental Assistance Auth (MDA) |
| Go Zone Incentive |
Upto $34,500 reduction in taxes assuming active investor in 30% tax bracket. Consult your CPA. |
$15,500 reduction in taxes assuming active investor in 30% tax bracket. Consult your CPA. |
| Go Zone Incentive Carry |
Carry Back 5 Years or Forward 15 Years |
Carry Back 5 Years or Forward 15 Years |
| Projected Annual Cash Flow from Rentals |
Cash Flow In Year 1 of $4,500
|
Cash Flow In Year 1 of $1,400 to $3,400 |
| Potential Year 1 Gain |
$110,500 plus appreciation |
$52,500 plus appreciation |
| Down Payment |
10% down |
Zero down to 10% Down for first 2 units |
| Reservation |
$5,000 to reserve, balance at contract |
$4,500 to reserve, balance at contract |
| Number of Units |
5 Duplexes Max per MDA, 10 Units |
5 Single Family Homes Max Per MDA |
| Additional Info |
Full Presentation Available - Request Info |
Full Presentation - Request Info |
|
|
|
| |
|
Go Zone Investing in a Booming Casino Market & Appreciating Market |
 |
|
|
 |
 |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
| 2002 - 2007 Home Price Appreciation for Mississippi |
 |
| State Price Appreciation Data for Mississippi, 2002 to 2007 |
 |
 |
| |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
|
| Qtr 1 |
4.8% |
3.5% |
3.9% |
4.6% |
2.2% |
(0.7)% |
|
| Qtr 2 |
4.6% |
3.2% |
3.9% |
4.7% |
0.6% |
|
|
| Qtr 3 |
4.2% |
3.1% |
4.8% |
3.9% |
(0.6)% |
|
|
| Qtr 4 |
4.0% |
3.9% |
4.3% |
3.2% |
(0.4)% |
|
|
|
|
 |
 |
 |
|
| |
| Household & Population Growth - Hancock County, Mississippi |
 |
| Household Data for Hancock County |
 |
 |
| Population in County 2006 |
 |
40,421 |
| 5 Year % Growth |
-5.9% |
| Housing Units in County, 2005 |
23,251 |
| Total Population Growth in County 2006 |
-13.2% or -6,125 |
|
|
 |
 |
 |
|
| |
|
|