Blue Heaven Love & Peace Resort
$1,120,000
target home price
$112,000
cost per share
$621 / mo
estimated costs
$0 / mo
monthly income
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CASH AT CLOSING PER SHARE
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Down Payment
$22,400
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Closing Cost
$1,720
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Reserve Fund Deposit
$3,360
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Total Cash at Closing
$94,680
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Details
Introducing a prime investment opportunity with this brand-new townhouse, where stunning views from the Topsail Island sound side & Intracoastal Waterway, await you! Situated on 2.6 acres, this is where nature meets coastal living! With deeded beach access, pool for entertaining, and an observation pier in heart of fishing nursery, you have all you need to make this your own piece of heaven at the beach.
This townhouse boasts six bedrooms and four and a half baths at over 2600 heated square feet of living space. This is the perfect haven to allow the kids to explore while you unwind from the demands of work!
Property will be professionally managed with a projection of 8% to 10% return on investment within first two years, and projection of 12% to 18% over the next four years. Owners just show up, relax, refresh, unwind, and collect income. This is a perfect opportunity to provide generational wealth to your children's children.
MLS Listing: 2085 New River Inlet Road, North Topsail Beach, NC
House Usage
- 10 shares total
- 5 weeks a year per share
About the Organizer
Providing access to real estate as mean to creating opportunities while providing generation wealth.
Amenities
- Dock
- Hot tub
- Pool
- Waterfront
House Rules
- Pets allowed
- Firearms allowed
- Short term renting permitted
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Calculated Costs per Share
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CASH AT CLOSING PER SHARE
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|
Down Payment
$22,400
|
|
Closing Cost
$1,720
|
|
Reserve Fund Deposit
$3,360
|
|
Total Cash at Closing
$94,680
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This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.
Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.
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ESTIMATED MONTHLY EXPENSES PER SHARE
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Insurance/Taxes
$254
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Maintenance
$139
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Utilities
$83
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Cleaning
$95
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Plum Subscription
$50
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Total Expenses
$621
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