Fund Details
Minimum Investment
Targeted Series 1 Size
Distributions
Management Fee
Performance Fee
Targeted Returns (Before Fees)
$100,000
$4 Million
Quarterly
2%
20%
10% Annual Current Income
2% Annual Disposition Income (Paid At Sale Of Properties)
Targeted Returns
Invested Amount | Current Income | Disposition Proceeds | Management Fee | Performance Fee | Annual Return | Total Return | |
---|---|---|---|---|---|---|---|
Year 1 | $50,000 | $5,000 | $0 | $2,000 | $600 | $2,400 | $2,400 |
Year 2 | $100,000 | $7,500 | $0 | $2,000 | $1,100 | $4,400 | $6,800 |
Year 3 | $100,000 | $10,200 | $0 | $2,000 | $1,640 | $6,560 | $13,360 |
Year 4 | $100,000 | $10,400 | $0 | $2,000 | $1,680 | $6,720 | $20,080 |
Year 5 | $100,000 | $10,600 | $0 | $2,000 | $1,720 | $6,880 | $26,960 |
Year 6 | $100,000 | $10,800 | $0 | $2,000 | $1,760 | $7,040 | $34,000 |
Year 7 | $100,000 | $11,000 | $0 | $2,000 | $1,800 | $7,200 | $41,200 |
Year 8 | $100,000 | $11,200 | $0 | $2,000 | $1,840 | $7,360 | $48,560 |
Year 9 | $100,000 | $11,400 | $0 | $2,000 | $1,880 | $7,520 | $56,080 |
Year 10 | $100,000 | $11,600 | $20,000 | $2,000 | $5,920 | $23,680 | $79,760 |
Target Current Income 10% per annum
Target Disposition Income 2% per annum (before fees)
Managers
Nathan Morse
Nathan is co-founder of Morse Bros LLC, a mechanical construction company and a successful master plumber. For the past eight years Nathan has been active in the local real estate market. His experience is in renovating and managing properties with current income up to 14.5% annum and disposition income of up to 33%.
Patrick Morse
Patrick is co-founder of Morse Bros LLC and a successful master electrician. Patrick has also been active in the local real estate market for the past five years, with most of his experience in new construction and renovation of industrial and commercial properties.
For information purposes only. Offering via Private Placement Memorandum.