Ridgecrest Realty & G8 Capital Equity Share Plan
Ridgecrest Realty
Sales Price $7,000,000 with Deed of Trust
No commissions to RR
Balloon at the end of 6 years
Payment of $100,000 per year for six years to go against the selling price Price. To be paid out quarterly
Equity Share
G8 and RR; 50/50 split net profit above the agreed selling price .
G8 'Carry Back' no equity split with RR including the 6 Deeds of Trust currently carried.
Expected Sales Price at a 8% to 6% cap rate $8,000,000 to $10,666,600 based on a net income of approximately $50k per month. Timeline 3-5 years.