North Florida

1

North Florida Affordable Housing Invest in an
Immediate Equity, Wealth Building Affordable Home
2

• 5,700 ROI!!!
• Own Your Rent Ready North Florida Single Family
  Home Watch Your Wealth Grow (2 Year ROI)

Down Payment 1,500 Positive Cash Flow 13,200
(based on 1100/month rent) Immediate Equity
21k (based off of appraised value) Asset
Appreciation 32,500 (based on 14 per
year) Total 2 Year Return 13,200k 21,000k
9,600 66,700 Cash on Cash 4,500
3
Investor Opportunity

• Instantaneous Equity
• Positive Cash Flow
• 1 Year Vacant Developer Leaseback
• Limited supply of affordable housing
• 72 projected gain in home prices in the next 5
  years

4
Investor Incentives

• Builder Pays All Closing Costs
• Construction interest paid by builder
• 0 carrying costs during construction for over
  20 months (8 months construction and 1st year
  developer leaseback)
• Rent ready single family homes in sunny North
  Florida where demand of affordable housing
  outweighs supply

5

• Where in North Florida?

6
Why Panama City and Its Surrounding Areas?

• CNN Money named Panama City Beach and its
  surrounding areas as the 1 real estate spot in
  US!
• Designation was given in 2005 and again in 2006.
• Panama City was recently ranked the 1 city for
  where to buy now.
• "Panama City is an economy waiting to break
  out," says Steven Cochrane, chief regional
  economist for Moody's Economy.com.
• Other factors increasing demand
• Property prices are still low by Florida
  standards,
• the local market has already absorbed a price
  correction after peaking last year
• 72 Projected gain in home prices (5-year)

Source CNN MONEY
7
1. Panama City, FL
8
Area Information
9
Area Information
10
Area Information

• National Recreation Properties (NRPI)
• Largest land marketing company in the US
• Already has 4 sites selling projects in
• Hot Springs, AR
• Leigh High Acres, FL
• North Port, FL
• Palm Bay, FL
• NRPI has already allocated 1.5 million marketing
  dollars for their Sunny Hills project which is
  expected to open up in late 2007.
• The infomercial photo ops with Erik Estrada
  were completed by the NRPI in December 2006.

11
Area Information
Tyndall National Air Force Base

• Located at a distance of one mile southeast from
  Panama City, Bay County, Florida, Tyndall Air
  Force Base (TAFB) spreads over 28,823 acres.
• The construction of the air force base started in
  1941,
• Taking its name from Lt. Frank B. Tyndall, a
  World War I hero killed in 1930.
• Today the air base has the mission to train F-15
  Fighter pilots and weapons system controllers,
  and for this reason it is attended by many
  foreign students.
• The Air Force Research Laboratorys Materials and
  Manufacturing Directorate and the Air Forces Air
  Battle Managers have facilities at this base.
  Moreover, Tyndall has reached the 325th Fighter
  Wing training course of F-15 and F-22 pilots.
  According to the census of 2000, 2,757 people and
  653 families resided in the base.

12

• The Affordable Home Developments
• -- Sunny Hills

13

• Sunny Hills
• A Deed Restricted Community
• 18,000 Acres with spring-fed lakes
• 20,000 entitled lots in Master Planned
  Subdivision
• Subdivided Buildable Lots, minimum ¼ acre lots,
  average size is 80x 130
• Located just outside the Sunny Hills Golf
  Country Club which features
• Professional course with 27 holes of golf
• Green fees in Sunny Hills are 26-34.50 per game
• Other nearest golf course is in Panama City Beach
  (30 miles away)
• Surrounding area golf fee costs are 65-100

14

• Sunny Hills
• ONLY development already completed which can
  readily sustain the anticipated area growth.
• All new development will take from 3 to 5 years
  to gain DRI approval
• (DRI) Developmental Regional Impact Study
• Sunny Hills development is grandfathered into the
  county an approved DRI because it was approved in
  late 1970s.

15
Our Builder Model

• Beacon Hill Model

Specs

3 Bedroom 2 Bath 2-Car Garage 1560 Living Square
Feet
16
Investment OverviewSunny Hills- Panama City2
Year ROI

• Typical Lot 16,000
• Typical Model Price 145,000
• Net Home Price 157,000
• Closing Cost on Loan 10,000
• Construction Interest 6,000
• Total Purchase Price 177,000
• Total Loan Amount 177,000
• Appraised Value 198,000 (10 built
  in equity!)
• Total out of pocket 1,500
  (could be as low as 850)
• Approximate Equity at Closing
  21,000
• Annual 2 yr Appreciation if _at_ 8
  32,500
• Positive Cash Flow During Yr 1
  13,200
• Total 2 year return
  66,700
• Cash on Cash Return
  4500

17
Why Affordable Housing?
With significant growth forecast for North
Florida, local economists believe the affordable
housing market represents an excellent arena to
place investment dollars for the next 5 to 7
years. Investing in the affordable housing market
at this time, will allow your investment dollars
go to work at the beginning of a tremendous
growth cycle for this industry
18

• 1 Year Developer Leaseback

• NO PAYMENTS till 2009!
• Total out of pocket money to purchase is only
  1,500
• Built in equity is 10 of sales price
• Build time is 3-5 months (no out of pocket money
  during this time)
• 1st year leaseback covers all P.I.T.I.
  (principle, interest, taxes and insurance)
• Vacant Developer Leaseback
• You can work w/ our property management firm to
  rent out your property for PURE POSITIVE CASH
  FLOW (1100 per month)
• THE TIME IS NOW TO BUILD YOUR PERSONAL NET
  WEALTH!

19

• Factors Mitigating Risk
• Instant Equity of 10
• 14 Projected Appreciation
• 1 Year Developer Leaseback

20
How To Reserve This Opportunity

• Contact the Preferred Lender to get pre-qualified
• An agent from CIG will contact you to select Your
  Specially Priced Lot
• Developer will provide contract within 3-5
  business days
• Prepare to be a proud owner of an Affordable Home
  in North Florida

21
To Purchase or For More Information
CALL ONE OF OUR INVESTMENT SPECIALIST
TODAY 510-427-8597 www.cashflowbargains.com
Panama City, FL
22
DISCLOSURE AS WITH ANY REAL ESTATE OWNERSHIP,
PRECONSTRUCTION PURCHASES INVOLVE A SIGNIFICANT
DEGREE OF RISK OF LOSS. REAL ESTATE BY ITS NATURE
IS ILLIQUID. RESLUTS OF ANY REAL ESTATE
INVESTMENT MAY BE AFFECTED BY CHANGES IN MARKET
AND ECONOMIC CONDITIONS. REAL ESTATE VALUES, NEW
HOME CONSTRUCTION COSTS, AND MORTGAGE RATES AND
COSTS, ARE SUBJECT TO INCREASE AND DECREASE OVER
TIME, AND THE PRICES, TERMS, CONDITIONS,
AVAILABILITY AND RESULTS RELATING TO THIS
OPPORTUNITY CANNOT BE ASSURED, AND ARE SUBJECT TO
CHANGE ATANY TIME WITHOUT NOTICE. COZZA
INVESTMENT GROUP, INC. OFFERS INFORMATION ABOUT
THIRD PARTY SERVICES WHICH WE BELIEVE CAN BE
HELPFUL TO BUYERS IN RELATION TO THE OPPORTUNITY
DESCRIBED IN THIS PACKAGE AS A COURTESY. ANY
RELATIONSHIP FORMED FOR SUCH SERVICES WILL BE
SOLELY BETWEEN THE BUYER AND THE THIRD PARTY
PROVIDER, AND COZZA INVESTMENT GROUP,INC WILL NOT
BE LIABLE FOR ANY LOSSES, CLAIMS OR DAMAGES
ARISING OUT OF OR RELATED TO ANYSUCH RELATION. A
BUYER IS ENTITLED TO OBTAIN A LOT OR LOTS, NEW
HOME CONSTRUCTION, MORTGAGE FINANCING, AND ANY
OTHER SERVICE OR RESOURCE, FOR USE IN THIS
OPPORTUNITY THROUGH ANY SOURCE WHICH THE BUYER
MAY CHOOSE. CERTAIN SERVICES MAY BE OFFERED
THOUGHAFFILIATES OF COZZA INVESTMENT GROUP, INC.,
AND/OR SOME OF ITS AGENTS, AND COZZA INVESTMENT
GROUP, INC., AND/OR ANY SUCH AGENTS, MAY RECEIVE
PAYMENTS OR CONSIDERATION THEREFORE WITHOUT
SPECIFIC DISCLOSURE TO A BUYER. NO REPRESENTATION
OR WARRANTY IS GIVEN BY COZZA INVESTMENT GROUP,
INC. FOR ANY SERVICE OR PROPERTY WHICH MAY BE
PROVIDEDBY ANY OTHER PERSON OR ENTITY, WHETHER OR
NOT AFFILIATED IN ANY MANNER WITH COZZA
INVESTMENT GROUP, INC., EACH SUCH PERSON OR
ENTITY BEING SOLELY RESPONSIBLE FOR THEIR ORITS
OWN ACTS AND OMISSIONS. COZZA INVESTMENT GROUP,
INC., AND ITS AGENTS ARE LICENSED REALESTATE
BROKERS IN THE STATE OF FLORIDA, AND MAY BE PAID
COMMISSION RELATED TO SOME OR ALLOF THE
TRANSACTIONS RALTED TO THIS OPPORTUNITY IN THEIR
CAPACITYAS TRANSACTION BROKERS.