Real Estate Professionals
Q. WHY INVEST IN PROPERTY?
A. TO LET YOUR TENANT PAY FOR YOUR RETIREMENT!!!
So – you think you want to retire in 15 or 20 years and need to make life a little easier when that time comes?
And – you don’t see how in the world you will be able to save enough?
Now – it looks like the stock market is no guarantee of a soft cushion?
A simple investment in a rental home financed on a 15 or 20 year note is a great savings generator and can have you playing golf or sailing the high seas when retirement time comes.
If you buy a home today, rent it out until the note is paid, you will end up with a sizable pile of cash that your tenants have provided. Check out the numbers. All figures are approximate.
$150,000 About the price you will pay for a typical rental home
$15,000 Down payment investment
$1367 Monthly payment 15 year note
$1190 Monthly payment 20 year note
$1200 Monthly rental income (normally increases with inflation)
$225,000 Rent collected over 15 years
$150,000 Value of home - zero inflation or appreciation when the note is paid
$233,695 Value of home – 3% appreciation
And at the end of 15 years –
Leverage is one of the excellent benefits of real estate investment. In this example, your initial cash investment is only $15,000 although any appreciation is based on the full $150,000.
If the idea interests you, call me. I can help put you on the road to a tenant paid retirement.
Are you too young to worry about retirement? How about a college education for the kids? It works the same.