The Tuscana Community

Basic Property Information:

1395 Tuscana Lane • Champions Gate • Florida 33896

Original Price: $390,000 (March 2008)

Offer Price: 2/2 $89,900 & 3/2 $95,900

Rental Income: Short Term & Long Term Available

Financing: Up to 75% Developer Financing

LOCATION:

The luxurious Tuscana Condominium Villa Resort is located in the heart of Orlando's premier Golf
Community Champions Gate, Florida. Only two exits south of Disney World (approximately 4
miles) with easy 1-4 access to all Central Florida Attractions. Visit Clearwater or Daytona, east and
west coast beaches, just 60 miles away. Tuscana is the perfect investment property for every kind
of investor.

Property Amenities: Property Details:

- One complementary scheduled shuttle to Magic Kingdom ¨ 3 Spacious Bedrooms

¨ 2 Bathrooms
Mon-Fri (reservation required).
¨ Over 1,200 Sq Ft
- We are pet friendly! ($250 non refundable pet fee for max
¨ Fully furnished unit
two pets less than 25lbs).
- Tuscana Tavern and Poolside Bar ¨ Built 2005
¨ Minutes to shopping, major roads,
- Free internet high speed internet
dining ,schools and theme parks
- Gated community
- Ample Free parking.
- Exercise Club
GPS Coordinates
Latitude & Longitude 28.2672 Degrees North -81.6211 Degrees West

Driving Directions from Orlando Airport

Follow the signs North Exit out of Orlando Airport and follow the signs for the Beach line Expressway
(528) WEST. Once on the Beach line you will pass through two tolls. The first is 75c and the second is
75c.Continue on this road until you reach the I-4. Take I-4 WEST (towards Tampa). Continue heading
WEST on the I-4 until you reach exit 58 (Hwy 532). Exit and merge right. Make your first right in
between Chilis Restaurant and 7 Eleven. Follow the road all the way down until you hit Tuscana
Resort. Please see below for after hours check in procedure.

Driving Directions from South

Follow signs towards the Florida Turnpike, heading north. Merge on to the Turnpike. *Turnpike is a
toll hwy. Take the Florida Turnpike to Orlando I-4 WEST EXIT. Continue heading WEST on the I-4 until
you reach exit 58(Hwy532). Exit and merge right. Make your first right in between Chilis Restaurant
and 7 Eleven. Follow the road all the way down until you hit Tuscana Resort. Please see below for
after hours check in procedure.
DISTANCE TO ATTRACTIONS: DISTANCE TO OTHER LOCATIONS:

Golf Course 1 Mile Nearby Restaurants

Shopping Outlets 5 Miles
Animal Kingdom 5 Miles McDonalds 1/2 miles
Blizzard Beach 6 Miles Chilis 1/2 miles
Disney World 4 Miles Subway 1/2 miles
Celebration Town 4 Miles Pizza Hut 1 mile
Epcot 8 Miles
Sea World 9 Miles Nearby Shopping
Downtown Disney 9 Miles Publix Food and Deli 1/2 mile
Universal Studios 12 Miles Walgreens Drug Store 1/2 mile
Gatorland 14 Miles
All of the units have furnished interiors
 Tuscana– Background Information.

Tuscana began construction in late 2005 and opened in 2007. All the condos and facilities are modern, spacious and
very comfortable. The gated resort consists of a large clubhouse with a 30 seat movie theatre (this can also be used
a meeting room), a fully equipped fitness centre and computer access with high speed internet. There is a bar and
restaurant onsite, offering poolside dining as well as a takeaway service. At the back of the clubhouse there is a
large, private pool with plenty of sun loungers and shaded cabanas, and small children’s pool and hot tub.

The condos are all open plan and fully furnished with all modern appliances and fittings. They range from 3 bed/2
bath to 2 bed/2 bath. All of the bedrooms and bathrooms are very spacious and have generous storage room.
Condos have a screened balcony with a table and chairs and some with views overlooking the golf course.

When the developer was in the last phase of selling the units in 2008, the lenders involved pulled their funding and
ultimately hindered the sales of many units. This situation created an opportunity for our investment group. Our
equity team is purchasing in bulk, the notes in default and passing a percentage of the inventory to individual
investors that are looking to buy one or two units for a 2 to 3 year hold.
Tuscana– Condo Floor Plan.
Annual Property Tax Information:

All records for Tuscana are available on the Osceola County Property Appraisers website
www.property-appraiser.org

- The 2 bed units were last year (2009) assessed at $237,700 and the taxes were $3,963.48.
However the 2 bed units have just been assessed this year (2010) at $88,700, so it is fair to say the taxes will be
reduced considerably for 2010.

- The 3 bed units were last year assessed at $253,000 and the taxes were $4,211.24
The 3 bed units have just been assessed at $94,500 again it is fair to say the taxes will be reduced considerably
for 2010.

These number shave also lowered for 2011 to $1,600 per year.
USA and Canadian buyers only:

25% Down Payment

year 1 will be 4% amortized over 30 years with balloon payment at end of year 5
year 2 will be 5%
year 3-5 will be 6%

Other International Buyers:

For someone putting Down 35% we will provide a 65% mortgage to the buyer with a 5
year balloon payment.

year 1 and 2 will be 1.95% interest only

year 3 will be 4%
year 4 will be 5%
year 5 will be 6%

50% Down Payment

year 1 and 2..... zero % interest only
year 3............... 4%
year 4 5%
year 5 6%

2/2 $89,900 and 3/2 $95,900

Cash Buyers will receive a $10K discount as long as they close within 14 days of executing
purchase contract.
 Note: Because of where we are in the real estate cycle, it is
very difficult to show retail comps. The numbers you will
see below are numbers from REO transactions of units that
did not include furnishing. We spoke to several appraisers
who told us that the After Repair Value of these condos
range from $120k - $145k. However, all of the investors
buying these assets are holding them for 3 to 5 years in
order to maximize their returns. These prices are well
below the cost to build and won’t last long.

Distressed units recently SOLD:

* Status Change $103,000/$100,000 8000 TUSCANY WAY 4101

3 Bedrooms, Status: Sold ($100,000). Residential

* O4883413 8000 TUSCANY WAY # 4102, CHAMPIONS GATE

2 Bedrooms, Status: Sold ($95,700). Residential

* S4659849 8304 PORTOFINO DR # 202, CHAMPIONS GATE

2 Bedrooms, Status: Sold ($87,000). Residential

Because we purchase in bulk, we are able to provide investors with assets at or

below REO Prices. But we are taking this project to the next level by offering the
unit at REO prices, with Developer Financing, fully furnished and in our nightly
rental pool that is managed by our onsite team. It is this turnkey system that
creates a win win for everyone involved.
 Property Management

There is an onsite management company which handles all properties in the investment pool. This
management company handles the marketing for the resort. This includes but is not limited to customer
service, property maintenance, billing and much more.

The leaders of this company have been in the vacation rental business since 1988 and some of their volume
renters are,

1. Direct on line bookings via organic search engine words, etc.

2. Thomas Cook Canada Tour Operator
3. Thomas Cook UK
4. Virgin Holidays UK
5. Endless Vacation Rentals
6. Travelocity
7. Expedia
8. American Holidays in Ireland
9. Misc UK Tour Operators

Note: If you are not satisfied with the vacation rental program you can always elect to hire another one of
our property managers which specialize in long term rentals.
To take advantage of our Turnkey Investing Solution, follow the Next 3 Steps

• Complete reviewing this Property MEMO

STEP 1 • Email our Director the “Standard Letter of
Intent”

• Sign Purchase Contract we send you

STEP 2 • Send your deposit to Escrow Agent as
instructed

• Complete your Due-Diligence on the property

STEP 3 • Close on the Income Producing Asset
• We recommend you Hold for 2-5 Years
 Letter of Intent to Purchase or
Non Binding Terms Sheet
1. Parties: __________________________________

And ___Owner of Record___________ as Seller

2. Property: Tuscana Condo Resort

3. Type of unit Parties agree to purchase:

[ ] 2/2 Condo Furnished ($89,900)

[ ] 3/2 Condo Furnished ($95,900)

4. Purchase and Finance options:

[ ] All Cash Offer ($10,000 discount)

[ ] Developer Financing

[ ] 25% Down Payment | [ ] 35% Down Payment | [ ] 50% Down Payment

5. Provisions: Property purchased in “As Is” condition. Buyer agrees to pay normal closing costs. Earnest
money to be deposited upon acceptance of Purchase Agreement. Acceptance to be provided within 48 hours.

Upon Acceptance of the above, both parties agree to move forward with a standard purchase and sales
agreement.

Buyer: _____________________________________ Date: _________

Seller Acceptance: ____________________________ Date: _________

Real Estate Agent: ROBERTA HOLLAND, Realtor®

 Contact Information

For more information please contact ROBERTA

HOLLAND, REALTOR® directly at:

Direct: 407-697-2021

Skype: Roberta Holland

Google Chat: ask4roberta

Email: roberta@floridapropinvest.com

SAND DOLLAR REALTY GROUP

Address: 801 W State Road 436

Suite 2065 Altamonte Springs, FL 32714-7022