Travelodge, Asheville, NC

Cash Flow Analysis & Proforma

Commitment: $50,000 (Secured by Equity in Room Acquisition)

Down Payment: $10,000 Per Condo Hotel Unit

Qualifies for 1031 Exchanges and Self-Directed Real Estate IRA’s

Estimated Debt Service: $2,500 per Year (for 5 Years) = $12,500

Exit Strategy: $75,000 Buy-Back from Hotel

Mortgage Payoff: $40,000

Estimated Total Out of Pocket: $22,500

Net Profit: $12,500

Projected @ $50 per Night at 200 (out of 365) per Year = $10,000

50% to Travelodge and 50% to Unit Owner = $5,000 Each per Year

Open Float Premium = 165 Days per Year

Projected Income Each for 5 Years = $25,000

Gross Profit Potential: $37,500

Call Robert Fleming, CEO / Les Smith, Broker-In-Charge

http://www.oocities.org/rex2540001/

124 College St., Asheville, NC 28801

828-254-0001

Gross Profit Potential: $37,500