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MPN Launches Enhanced Job Board Site - www.mpnDiversityJobs.com | New Look | User Friendly | Mobile Friendly | Interactive

MPN BUSINESS DIRECTORY LISTING

 

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Business Name:

Veteran Live Work Lofts

Description

We're developing a program that allows veterans to own property and
operate a business out of the same location without paying for two
locations on a business start-up budget. We feel like by helping veterans
develop businesses we're taking care of America's homeless problem, and
its decreasing job market.

Under our program during the first five years, we will give the veteran a
percentage of his/her mortgage back at the end of the year so that they
can put that money back into their business.

The plan is to have 174 units in a 20 floor building with 5 floors of each
unit. 50 1Bedroom Units with attached work loft, 45 2Bedroom Units, 40
3BRUs, & 40 4BRUs.

Start up capital requested is 5 million with the potential to go public
within the second year of business. Each year we will build new properties with the same number of units which will add to the companies bottom line.

Estimated Yearly Earnings
1st yr=$2,430,000
2nd yr=$4,860,000
3rd yr=$7,290,000
4th yr=$9,720,000
5th yr=$12,150,000

Estimated Monthly Earnings
1st yr= $202,500
2nd yr= $405,000
3rd yr= $607,500
4th yr= $810,000
5th yr= $1,012,500

Unit Sales Prices
1Bdr + WL= $204,000
2Bdr + WL= $360,000
3Bdr + WL= $432,000
4Bdr + WL= $480,000

(WL= Work Lofts)

Veteran Cash Back Projections
1Br= $200 per month, $2400 per year
2Br= $300 per month, $3600 per year
3Br= $400 per month, $4800 per year
4Br= $500 per month, $6000 per year

5 Year Veteran Cash Back Period
Based on one unit sales
1Br= $12,000
2Br= $18,000
3Br= $24,000
4Br= $30,000

Estimated Per Year Loan Amounts
(Each new year loan will be used to build new units totaling the same
number as the first years' units. 5M for the first year includes land
purchase plus cost of construction. Every year after the first year Veteran
Live Work Lofts will purchase land through revenues earned from
previous sales.)

1st yr = $5M
2nd yr = $4M
3rd yr = $4M
4th yr = $4M
5th yr = $4M

We're currently accepting all donation forms.
Please send all donations to:

Audrey Simmons- Founder,
527 N Alexandria Ave Apt 5
Los Angeles Ca, 90004

Primary Multicultural Group

 OTHER

Business Age

 Less than 1 Year

Primary

Business Category

Fundraising

Secondary  Business Category

 Real Estate

Address

527 N Alexandria Ave Apt 5

City/State

Los Angeles   CA

Country

United States

Zip

 90004

Contact

Audrey Simmons

Title/Role

Founder/CEO

Web Site URL

Email

CLICK HERE

Phone

(213) 272-2751

Fax

 

_____________________________________________________________________

 
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