10 Amore (Studio) Units + 1 For Free Promo. Best 4 Rental

10 STUDIO (AMORE) CONDO UNITS + 1 PACKAGE FOR SALE @EL PUEBLO CONDORMITEL MANILA. UP TO 10% SAVINGS COMPARE TO SINGLE PURCHASE. BEST FOR INVESTMENT!!!
El Pueblo Condormitel Manila – Annex A
Unit Model: Amore
Area: 13.50Sq.M.
Location: Ground Floor
Turn Over Type: FINISHED (Wall White-Painted, Kitchen Sink & Counter Top, Tiled Toilet & Bath w/Telephone Type Shower, Bowl & Sink)
Expected Completion: 3Q of 2020
Price per Unit: 1,701,000
Total Contract Price (10 units): 17,010,000
Reservation Fee: 150,000
5% Spot Downpayment after 30days: 700,500
15% Staggered Downpayment in 11months @0% int.: 2,551,500
Monthly Installment Downpayment: 231,954.55
80% Balance: 13,608,000
Financing: Bank (LandBank @est. 6% interest rate)
Monthly Amortization:
20 years: 97,492
15 years: 114,832
10 years: 151,077
05 years: 263,081
>> Other Charges:
√Misc. Fee 10% Price per Unit (11units): 1,871,100
>> Amenities
√Roofdeck Laundry Cages
√Commercial Spaces
√Swimming Pool
√Visitor's Lobby
√Courtyard Garden
>> Target Market: Students and Working Individuals
√Centro Escolar University
√San Sebastian
√JRU
√San Beda
√Adamson University
√FEU
√UERM
√De La Salle
√Holy Spirit
√Saint Paul University
√Central Colleges of the Philippines
√PNTC
>> Public Transportation:
√24hrs PUJ (Cubao, Boni, Quiapo, Avenida, Recto, Marikina route)
√PUB
√LRT 2 Pureza & V. Mapa Station
√PNR Sta. Mesa Station
>> Return of Investment Computation:
√Total Investment Cash Out: 18,881,100
Total Contract Price for 10 Units: 17,010,000
Misc. Fee of 10 units + 1: 1,871,100
√Revenue Generation:
Amore Pax Capacity (Max Load): 4pax
Current Rental Rate (bed spacer): 3,500/head
Possible Monthly Revenue/Unit: 14,000
Possible Monthly Revenue for 11 units: 154,000
Possible Revenue for 11 units a year: 1,848,000
Expenses: Monthly Assoc. Dues @85/Sq.M. per unit: 1,147.5
Total Assoc. Dues for 11 units a year: 151,470
√Possible Net Income of 11 units
Revenue of 11 units/year: 1,848,000
Less: Total Assoc Dues of 11 units/year: 151,470
Posible Net Income of 11 units a year: 1,696,530
√Return of Investment: 11-12 years
>> 50% of El Pueblo's residents are student primarily from PUP main campus, and other nearby learning institutions
>> 25% working individuals
>> statistics reveal ROI is fast for rental investment
For more details and unit viewing assistance, contact:
Iggy Estrera Dapiton III
Real Estate Salesperson
MCFam Realty
[email protected]
0923-081----- (Sun/Viber)
0939-646----- (Smart/WhatsApp)
0945-448----- (Globe)
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#Self-LiquidatingAsset
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