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.