1. Mathew Owens, CPA p. 310. 897.1355 f. 310. 347.4415 e. mpo@owenscg.comAt Owens Consulting Group we realize that investing in Real Estate can be complex and that there are many perceived barriers. We take away those barriers so that you can become a successful investor by offering the following services:Property PropertyLocal GuaranteedExit FinancingAnalysisAcquisition NetworkTenantStrategyWe walk you Established networkIf your property isWe provide We will refer you Includes an through the of inspectors, not rented withinassistance withto our network of analysis of the close of escrow.contractors, property4 months ofyour exit strategy brokers and neighborhood, managers, titleclosing we cover whether your bankers to assist expenses, and agents, loan agents, the mortgage looking to you in refinancing the expectedand appraisers topayment until arefinance andor getting return of eachassist you along the tenant is place. pull cash out, financing for your property. way.hold it for cash buyer. flow, or sell for profit.Memphis Overview Memphis is the countrys 18th largest city and part of the 41st largest Metropolitan StatisticalArea (MSA) with nearly 1.3 million residents. Memphis boasts a diverse and growing economywith its primary industries in distribution, manufacturing, agribusiness and healthcare. Its knownas Americas Distribution Center due to its central location and the presence of FedEx WorldHeadquarters. Memphis has a growing bioresearch hub and is home to four Fortune 500companies with the population projected to grow by 12% by 2020.Memphis Real Estate MarketMemphis has one of the highest monthly rent to price ratios in the nation Little or no depreciation risk Healthy ratio of median income to median home price PMI risk index ranks Memphis as the 7th least likely metropolitan area to depreciate in the next two years A recent study by Moodys Economy.com ranked Memphis as the 6th most undervalued city in the U.S. Predicted home price appreciation of 5% in 2009 Over the past 20 years, Memphis has had only two quarters in which home prices declined.

2. Example Property OverviewFinanced OptionCash Option HOLD FOR CASHFLOWCASH PURCHASE Lender Pre- Proof of Fundsapprovalto OCGRent ($800 / Month)$9,600 Vacancy Allowance (8%) ($768)InvestmentProperty Mgmt (10%)($960) PreferenceInvestmentInsurance($500) PreferenceTaxes($956)PropertyRepair Allowance ($500)Analysis PropertyNet Income $5,916 AnalysisPROPERTY DETAILSDepreciation Benefit $404 Submit Offer & Earnest Money Address1603 Waverly, Memphis, TN Cash on Cash Return10.53%Area Downtown/Mid-town Initial Equity in Property Over Cost $20,000Submit Offer & Square Feet1,755 Equity ROI 33.33% Earnest Money Rehab Bid Bed5Total ROI60.70% Bath 2Year Built 1922AppraiseRehab Bid & HOLD FOR CASHFLOWProperty Appraisal Estimated Rent $800 PURCHASE WITH FINANCING Estimated Mkt Value$80,000Down Payment & Closing Costs * $15,500 Sales Price$27,750 Close Escrow Price-to-Value 34.69% into OCGs nameNet Income $5,916Close EscrowDebt Service (7% rate) ($3,823)COST ANALYSIS Renovate &Annual Cash flow $2,093 tenant property Purchase Price $27,750 Tax Benefit (30% tax rate) $571Renovate Rehab Amount $15,000propertyTotal Cash on Cash Return$2,664 Rehab Buffer (15%) $2,250 Sell to investorCash on Cash Return17.19% with 20% down Rehab Management $2,500Principal Reduction 1 st Yr$584 Sec 8 Inspection Repairs $1,000 TenantInitial Equity in Property Over Loan $32,000 Repairs After Move in$1,000property Property MgmtTotal Equity in Property Over Loan $32,584 Docs Commissions$3,000Purchase Closing Costs $1,500Equity ROI 210.22% Deal Syndication Fee $6,000Collect CashTotal ROI227.41% Collect CashFlows! Total Cost $60,000 Flows!*Down payment of 20% & sales price of 75% FMV Cost to Value75.00% Complete Documentation Provided (1) Renovation bid (2) Comparables for property (3) Before & After Pictures (4) Tenant lease & property mgmt agreement (5) Property mgmt info and referrals (6) Appraisals if purchasing with financing