80% Cash Retrunin 6 Months. Anybody interested?

[riki 0]

With this Limited Partnership Portfolio, Meadow Woods Estates, LTD., the 20 Town-homes to be built are already under contract and have sold for $149,900.00 each unit totaling $2,998,000.00 dollars!

 

The total construction costs are $100,000.00 per unit including lot and development costs for a total of $200,000.00.

 

Each Partnership to receive $50,000.00 return on their $75,000.00 investment for a total of $125,000.00. cash back in 6 months. (Almost a 70% return in 6 months or 140% annually!)

 

The Grand total of all the partner’s returns shall be 2,500,000.00, leaving the balance of $498,000.00 toward the General Partner.

 

We find that most Limited Partners contribute to two partnerships for a return of $100,000.00 on their $150,000.00 investment for a total of $250,000.00, cash back in 6 months.

[yxie95630 0]

Sorry this is either a scam or you posted the wrong number.

 

Let's run some numbers:

Total cost is 20 X 100K = 2M

Total sales is 20 X 149.9K = 2.998M

Total profit is 2.998M - 2M = 0.998M

 

Each partnership invest $75K, and make $50K profit.

 

You said grand total of all partner's return 2.5M, implying 20 partners needed,

because 2.5M / (75K + 50K) = 20.

 

20 partners will make total profit of 20 X 50K = 1M.

 

This has exceeded the total profit of the project.

 

Let's see the miserable story of the general partner. He needs to invest the rest of the cost needed. The total cost is 2M, and partners has contributed: 20 X 75K = 1.5M, thus the general partner needs to invest 2M - 1.5M = 0.5M.

 

Let's see what the general partner gets back from his investment and his work. The total sales is 2.998M, money back to partners (invest + profit) are 20 X 125K = 2.5M, leaving the general partner 2.998M - 2.5M = 0.498M.

 

General partner lose 0.5M - 0.498M = 2K for his investment and his work.

 

How this is possible????