Company Mission

Purchase homes
in the
Wyandotte area
that have a need
for rehab
Complete work
below market
costs to produce
valuable
properties
Lease homes
until the market
is most favorable
Determine best
action (keep,
sell, etc)
Team Core Competencies
Steve Fappas Owner, General Contractor
Sarah Fappas Designer
Shaun Abshire Initial Investor, Strategist
Dave Harrison Construction, Carpenter
Dan Henderson General laborer, Demolition
Background
A unique model, currently
successful, of beautiful homes
and with tenants that fulfill
their obligations
Increasing the beauty of the
community, while providing
personal high quality service
Each property subjected to
this model (4 so far) has
covered its costs and is
increasing in value.
Ready for additional investors
to provide more capital to
increase efficiency and
production
Focused in
Wyandotte
community
Opportunity
More people are
seeking a place to rent
Current rental
properties are not ideal
Current landlords are
unresponsive to tenant
needs
Vacant houses create a
loss in tax revenue for
the city, which
diminishes community
services
Less people are buying
due to loss of
confidence in the
current market
Solution
Identify and purchase
undervalued property on
the market
Lease the finished
properties (as the market
demand exists now for
rental units)
Diligently save costs on
all fronts (labor,
contracting, material
purchasing, etc)
Use a higher level of
workmanship, care and
quality than full priced
contractors
Provide a quality
tenant/landlord
relationship
Provide a commitment to
Wyandotte (all team
members live, work, or
volunteer in this
community)
Quality
Safe
Quality
fixtures
Tenants are
satisfied
Weed out
undesirable
tenants
Visible value
Competitive Advantage




High return
on
investment
(ROI)
Average
monthly
profit per
unit $300
Job creation
Effective
market
analysis
Pragmatic
risk
assessment
Quick
tenant
rental, after
completion
Challenges


Limited
investment
capital
Limited time
for
acquisition
Limited
licensed
team
members
Increase
speed while
maintaining
quality and
safety
The Investment Model
Each
property is
profitable
Generates more
in monthly
revenue than it
costs to maintain
This includes
mortgage,
repairs, taxes,
vacancies, and
insurance
Each property is
increasing in
value as the
properties
mature
Monthly Rent Projections
Property Expense Revenue
1032 Hudson Mortgage $ 726.32
332-338 Sycamore Mortgage $ 1,450.00
1728 10th Mortgage $ 789.40
Future 1 Mortgage $ 850.00
Future 2 Mortgage $ 765.00
Future 3 Mortgage $ 885.00
Future 4 Mortgage $ 690.00
1728 10th Rent $ 1,100.00
332 Sycamore Rent $ 850.00
334 Sycamore Rent $ 850.00
336 Sycamore Rent $ 900.00
338 Sycamore Rent $ 650.00
1032 Hudson Rent $ 1,050.00
Future 1 Rent $ 1,200.00
Future 2 Rent $ 1,150.00
Future 3 Rent $ 1,250.00
Future 4 Rent $ 1,000.00
Rental Repairs upkeep $ 300.00
$ 6,455.72 $ 10,000.00
90% Occupancy $ 9,000.00
Monthly bottom line $ 2,544.28
Current Project
Current project 332-338 Sycamore
Materials $ 53,342.22
Labor $ 41,293.75
Total weeks $ 41.29
Utilities Monthly $ 250.00 $ 2,382.33
Insurance Monthly $ 240.00 $ 2,287.04
Mortgage Monthly $ 642.12 $ 6,118.97
Taxes Monthly $ 417.00 $ 3,973.73
Finished Cost $ 109,398.04
Purchase $ 37,500.00
Total cost $ 146,898.04
Proposed Appraisal $ 170,000.00
90% of Value (refinance) $ 153,000.00
Initial investments returned $ 146,898.04
Monthly interest paid investors total $ 4,038.90
Total paid out $ 150,936.94
Proposed botton line $ 2,063.06
The Investment


Seeking funding for the current project on Sycamore
street
Total of $100,000 needed
Return of 7% APR monthly on investment
Progress will be tracked and available securely
online
An open door policy an investor can schedule a
personal site visit to review progress
Considerations
Better ultimate ROI than
any bank or personal
savings (up to 1%)
Less risky than stocks
Better return than bonds,
(up to 5%) CDs, (up to 1%)
and most portfolios
Summary





Property market
status is primed
to invest in this
opportunity
Teams core
competencies
are strong
High return for
minimal risk
Investing now
can maximize
future return on
investment