Depending upon the number of owners, each owner has guaranteed access for a designated number of weeks. Owners can choose four, six, or eight weeks of guaranteed access, as demonstrated below. Additional weeks are available if owners elect not to rent the unused portion of the property.
Typical Structure for a fully furnished $600,000 property:
Prices | Number Owners | Personal Weeks | % Owned | Allocated weeks | Unused Weeks | 50%Down Payment | Monthly Dues* | Rental Credit** |
---|---|---|---|---|---|---|---|---|
$75000 | 8 | 4 | 12.50 | 32 | 20 | $37500 | $498.00 | $208.00 |
$100000 | 6 | 6 | 16.67 | 36 | 16 | $50000 | $665.00 | $222.00 |
$150000 | 4 | 8 | 25.00 | 32 | 20 | $75000 | $997.00 | $417.00 |
* Payable quarterly
** Projected based on 50% occupancy of unused weeks @ $2,000 net per week.
Notes:
- A USREC home’s market value can range between $500,000 to $1,000,000 plus.
The above example is based on a $600,000 market value. See example property - Based on 32 weeks of owner use and 20 weeks of rental available for 1/8 and 1/4 shares. 1/6 share is based on 36 weeks of owner use and 16 weeks of rental availability.
- Based on property mortgages ranging from $200,000 to $400,000, with a 20-year amortization at 6.5% fixed. Rates are subject to change, as well as down payments and balances financed.
- Pricing can vary based on the amount financed and amount of down payments