rent-to-own luxury house - 100 four oaks

Live in a Luxury HomeRent-to-Own it and Increase your Net WorthCustom Built Luxury Detached House on a prime street, 100 Four Oaks

Toronto, Ontario

Thomas Wongwww.happinessinspiration.com416-806-9568thomaswong@rogers.com

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

The Opportunity

• Live in a brand new luxury custom built detached house in Toronto in prime location

• Pay very small amount of initial deposit (<5%)• Rent-to-own the property and increase your

net worth• Minimize down side risk and maintain up side

gain

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

The Property

• Brand new 2 storey custom built luxury detached house

• Hardwood floor throughout Main floor and second floor

• Granite counter top kitchen• Stainless steel appliances• Walk out to deck• Convenient Toronto location• Property appraised for $750,000 in December

2008.

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Current Pictures of Property

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Potential Rent-to-Own Arrangement

Description of the property: 100 Four OaksType of Property: Free Hold

Current Value of the Property $ 675,000

3 3

3 Year Lease Opt.

Initial Deposit $15,000

Monthly Rent $3,675

Monthly Option Premium $1,610

Monthly Condo Fee $270

Total monthly payment $5,285

Addition Monthly Option Bonus $200

Purchase priceat the end of lease term 759,283$

Down payment credit at purchase 80,160$

% Down available at the end of Lease 11%

Monthly mortgage payment after purchase $3,427.45

Total Monthly payment after purchase (incl. condo fee) $3,697

Interest rate 5%

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

What if I buy it now? (What will happen in 3 years)

Current Market Value: $675,000

Buy it nowPurchase price $675,000

Down Payment 20% $135,000

Mortgage amount $540,000

Amortization (years) 35

Interest rate (per annum) 5.00%

Appreciation rate 5.00%

Lease term 3

Monthly Payment Mortgage $2,725.31

Property tax $375.00

Insurance $66.67

$3,166.98

Net Worth Initial Down $135,000

Appreciation $106,397mortgagepay down 18,420$

$259,817

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

How about Rent-to-Own?Rent-to-own & Invest

Current base price $675,000

Future purchase price 759,283$

Future market value 781,397$

Down Payment credit 80,160$

Investment Amount $120,000

Investment ROI 20% $87,360

Monthly Payment rent-to-own $5,285

Net Worth Down PaymentCredit 80,160$ Purchase discountequity 22,114$

Investment Principle $120,000

Investment return $87,360

309,634$

Rent-to-own Benefit 49,817$

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Who can benefit?

• You have money for 20% down to purchase this property

• You are a good investor who know where to get 20% ROI per year for your investment

• You want to minimize the down side risk and maintain the up side gain

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Other Benefits

• You do not need to use your ability to get mortgage on a property that does not generate income for you

• You may be able to buy more investment properties

• You gain control of and live in the nice property with minimal initial cash

• If the property value increase significantly in the next few years, you still profit from the gain

• If the property value goes south, your exposure is limited to the option premiums paid

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Interested and what’s next

• Give me a call, 416-806-9568 or send me an email

• Let’s explore it further, we will work with you to make the rent-to-own program most beneficial to you

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

Questions & Answers

www.happinessinspiration.com Thomas Wong - 100 Four Oaks

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