REF ADI 131

Cash option, Financed option offered see ADI 18.

Price $27,500/£17,187/€19.642

Fully letand managed, income from day one

ExcellentCity North-side location, assessed value $47,000

Gross annual return: 49%

Net annual return, after fixed running costs: 24%

High yield investment opportunitysituated in the favored north-side of Syracuse, New York State.

Property Type:

Detached house consisting of twoapartments (1 x 1 & 1 x 2 bedroom apartments)

Our comments: This property is fully rented but the rents are low at $500 pmfor the two bedroom and $375 for the one bedroom apartments, these should beincreased to $625 & $500 pm respectively as the heating costs are includedin the rent, the management company will do this immediately for the new ownerso we have based following financial details on these figures. Alternatively asecond furnace could be installed at around a cost of $1,800 so the tenantswould be responsible for their own heating costs this could easily done for thenew owner by the property management company and if this was done the rentsshould be $500+$400 per month with the tenants paying the utilities.

Key features

• Price $27,500/£17,187/€19.642
• Finance offered contact us for details
• Gross annual return $13,500 / £8,437 / €9,642 45%
• NET return after fixed running costs; $6,550 /£4,094 /€4,678 24%
• Assessed value $47,000
• Consisting of two apartments 2 + 1 Bedroom.
• Excellent location
• Very high yield
• Fully tenanted and producing an income
• Full property management service provided

Financial details income &annual expenses

Net rental yield, after FIXEDannual running costs;

($13,500 – less running costs;$1,350 management, $1,000 water and insurance, $2,100 property taxes, $2,500 heatcosts=$6,550)

Gross rental income; $1,125 / £703/ €803 per month

Net rental income; $546 / £341 / €390per month

Buying expenses

The all-inclusive purchase costs forthis property are $4,000.You could own this property for $31,500 and not a centmore, approximately £19,687 / €22,500 with all buying, legal fees &commissions paid.

We will have the property surveyedand a full management report prepared for you on the property, THERE ARE NOHIDDEN EXTRAS, ALLTHIS IS INCLUDED IN THIS PRICE.

Approximate breakdown of purchasecosts per property are as follows;

Legal costs: $1,200

Survey costs / Property report:$1,000

Commission / fees: $1,800

Please note that with the everchanging exchange rates we have used £1=$1.6 & €1= $1.4 for guidance only,as all property prices are set in USD.

We provide acomplete purchasing service and will introduce the management that willmaintain the property and collect the rent.

Property Description

· The Property: Has two apartments 1 x 1 & 1 x 2 bed.

· The Location: The property is situated in an excellent north-sidelocation in Syracuse, about half a mile to the Carousel center and destiny USAproject with easy access to the city center.

· Condition: Has been checked by themanagement company and surveyed the property was found to be in good conditionwith only minor repairs needed. A copy of the survey will be provided onrequest.

· Occupancy rate: Extremely high due to the location of the property.

· Tenanted: YES.

· Management of the property: A fullmanagement service will be provided with this property.

Stop Press: 2011 CNN Story...Syracuse is 3rd in affordable housing.

CNNMoney says this about Syracuse; This old city grew prosperous on theErie Canal trade. It became an industrial town where many different productsfrom traffic signals to chemicals were made. Today, most of its biggestemployers are in the educational and service fields.
The metro area has grown very slowly during its post-industrial age, leaving alarge inventory of housing that sells off slowly. Meanwhile, Syracuse-areaworkers are quite well paid, with a median wage of close to $65,000.Unemployment, at 8.3%, is below the national average.
High income and depressed home prices result in excellent housing affordabilityscores.

Why buy in Syracuse?

Despite global property market slumps, stock market crashes andgovernment bailing out of banks, Syracuse property prices are holding firm.Seeing a slight increase last year, Syracuse is listed in 2011 by CNN Money asthe third most affordable place to live and work in the USA. This vibrant city,which remains the fifth most highly populated in New York State, is situatedabout 250 miles (downtown Syracuse to downtown New York) to the North-West ofNew York City. Assets include the city’s own Airport, Hancock International,and the large and well-respected Syracuse University which boasts athree-hundred acre campus. This impressive university is the city’s biggestemployer, housing teaching hospitals which specialize in fields such asBio-Technology and Pharmaceuticals. These industries have been attracted to thecity since the 1980’s, which has resulted in a much lower unemployment / higheremployment rate than the national average. With about 65% of inhabitantschoosing to rent in Syracuse, there is a very high demand for rental propertiesand, along with the city’s additional assets; Syracuse has proven itself anexcellent area to invest in.

The Service we provide

AmericanDream Investments (ADI) specialize in sourcing high yield income properties inthe area of Syracuse, Onondaga County, NY State, USA, for investors who areseeking a truly bespoke service tailor made to their individual requirements.

Thecompany takes pride in offering properties that produce an annual income ofapproximately up to 20% net, after fixed running costs have been deducted. Theproperties are situated in good locations with high rental demand and areoffered at the lowest possible negotiated price.

Thank you for showing an interest in ourinvestment property and we very much look forward to you contacting us in thefuture.