The most comprehensive information in the industry.
The most comprehensive information in the industry.
At Strada Estates, we are a leading multi-family developer dedicated to creating exceptional living experiences. With a focus on innovative design and unparalleled amenities, we strive to redefine the standard of multi-family housing. Our commitment to quality craftsmanship and customer satisfaction ensures that our residents enjoy a lifestyle that exceeds their expectations.
Strada-Estates
Our leadership is supernatural and Jesus is the foundation of our vision to develop
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Strada-Estates
Location: Brownsville Texas
1 Acres = 43,560 SQFT
10 Acres Total
Products
(1) 3/2 Duplex is 45 w x 45 d
(1) 3/2 Triplex is is 65 w x 45 d = 5133 SQFT
(1) 3/2 Quadplex is 85w x 45d = 6844 SQFT
Strada-Estates
Starview Builders will be the builder.
Projected build time: 5 months or less
Cost to build
Est. $95-$115 SQFT
3422 SQFT X $115
$393,530 Build Cost
Building this product over and over will give us options on additional build cost savings.
Building these duplexes several times will provide us different ways to save money on the cost to builderent
Each unit is 1711 sqft x 2 = 3422 SQFT
$393,530 Build Cost
$6,000 Fee's
$400,000 Financed
https://loanrangercapital.com/new-construction-loans/
FINANCE STRUCTURE
10% Down on $400K ($40K)
Land Maybe used as down payment
18 months at 16% = $25K per month
Each address will be incorporated as an LLC and funds will be deposited into that account which is shared by all parties for auditing.
30 year @ 8.5% = $2744 per duplex building.
End loan Product / Conventional
$3500 rent x 2 units = $7000 per month
Minus $2744 REFI Loan Payment
$4,256 NET GAIN
PER BUILDING
1 Acre can produce 11-12 Buildings
$4256 x 12 buildings = $51,072 monthly net gain
$612,864 net gain in 12 months
5 acres 12 buildings each acre = $255,360 month
$3,064,320 per year
50% 1st $200,00
30% 2nd $120,000
15% 3rd $60,000
5% Final Draw $20,000
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