Get the best possible return on your
investment...

Neighborhood
Enterprises
Investment Properties
<<<<<>>>>>
"You own them and we
manage them for you."
...by providing a home for someone in
need!
Neighborhood Enterprises is a licensed, Missouri
Real estate company.
Call Jim Roos at (314)771-3509
for more information.
     Increasing Value of Your Building

    Now that the so-called real estate "bubble" has broken, it may be possible for
    housing markets in general to return to reality.  The reality is that over the years
    our investors have weathered the ups and downs of the real estate market and
    have seen the value of their buildings increase at a respectable rate.  And they
    have gotten the best return on their investment--providing an affordable, decent
    place for someone to live.
3515 Oregon - 2 family in need
of rehab
3527 Oregon - 2 family in need
of rehab


    Out of Net Operating Income must still be subtracted yearly debt service.  On
    an $80,000 loan at 7.25% the monthly payment is $575 or $6,900 per year.  
    So the projected cash flow would be roughly $1,936--if there are no
    surprises, like a furnace or water heater having to be replaced.  
                                                             
                                                               Rental Income

    The Mission of Neighborhood Enterprises is to provide decent, affordable
    housing for lower-income persons.  We want our investment partners to share
    that mission and ministry in the name of Christ.  

    Over the long haul, however, most of our investment partners realize a decent
    return on their investment.  What would be typical?  Let's take a typical
    Neighborhood Enterprises 4-family building as an illustration.  These are
    generally 4-room apartments--living room, dining room, kitchen, and
    bedroom.  (Most of our families will use the dining room as a second
    bedroom).  

    The rents for these units range from $350 to $450 per month without utilities.  
    $400 times four yields a Gross Possible Rent of $1,300 per month and
    $19,200 per year.  Subtract 8% for vacancy/delinquency.   Then deduct
    normal operating expenses for Management, Repairs, Taxes, Insurance,
    and Water and Sewer.  Here are some typical amounts:
Income
    Gross Collected Rent (8%
    Vacancy/delinquency rate)
 17,664
 92%
Expenses
    Management Fee
 1,413
 8%
    Repairs
 3,533
 20%
    Taxes
 1,060
 6%
    Insurance
 530
 3%
    Water & Sewer
 1,236
 7%
Total Expenses
 7,772
 44%
Net Operating Income
 9,892
 56%
                                      
                                      Purchasing a Building

    Neighborhood Enterprises has buildings that are fully rented and available
    for purchase.  NE will help put together a loan package to be used with one
    of our banking partners or you can arrange for your own financing.   Banks
    currently require 25%-30% equity for investment property.