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my OWN.

Responsibility through (NON) Ownership

“We intend to build a society of owners. We wish to make sure everyone is a participant and encourage personal responsibility.”

George W. Bush, State of the Union, 2005

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Renters residing in the Clinton Hill neighborhood of Brooklyn NY

WHO IT’S FOR

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My Own will offer affordable housing to prospective renters.

Tenants will be accepted through vetting process that will include, but not limited to: application, credit history and a series of interviews. The sense of pride among tenants will emerge through the process of being selected.

All tenants are held personally responsible for the maintaining the upkeep of not only their space, but the entire property itself.

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FINANCIALS

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Property: $600,000 - 700,000Renovations (typically 20% property value): $100, 000 – 140,0003,500 Sq Ft Commercial Space w ($5500.00 month) $66,000 Taxes: (~) $1,500Property Insurance: Insurance (Office Space)

Wages + Benefits: (~) $300,000Principle / Agent - $50,000Agents (2) - $40,000 x 2Receptionist / Office Manager - $34,000Buildings Manager - $42,000Accountant / Bookkeeper - $40,000

Office Supplies: (~) $15,000ComputersCopy MachineTelephonesMobile PhonesPaperMisc

Telephone / Internet: $1,200Advertising $10,000

(~) $1,300,000

my OWN.

Responsibility through (NON) Ownership