Unlocking Financial Stability Through Home Equity

Chijioke Uzoma
is organizing this fundraiser.
44 Prospect Park W APT D7, Brooklyn, NY 11215
Created
January 11, 2023 4:58 AM
Independence
$822,500
raised of goal
$1,175,000
52
Investors
Join the Waitlist
Monthly Residency Payment:
8061
Initial Investment:
Price Per Share:
Total Shares:
10000
Chijioke Uzoma

Salaam!

Meet Chijioke Uzoma, a spirited entrepreneur from Nigeria, now crafting business narratives in NYC. While he has embraced the city's challenges, achieving a home rich in equity remains a top priority.


The Beginnings:

Chijioke's journey from Nigeria's bustling markets to NYC has been one of understanding value in all its forms. He knows that in NYC, real value isn’t just in owning property but in the equity it holds.


The Vision:

Chijioke sees beyond four walls and a roof. He envisions a space that grows in worth, offering financial security in challenging times.


The Quest Begins:

Research led Chijioke to Dyur, offering a tangible path to homes that aren’t just dwellings but robust investments.


Your Role:

Supporting Chijioke is about embracing a brighter future, one where homes don't just shelter but secure our finances.


Why It Matters:

Financial resilience is crucial. Achieving it through home equity ensures both tangible and financial security.


Join My Quest:

Let's invest in a future where every brick laid is a step toward enduring financial stability.


Conclusion:

Your backing is a step towards redefining home ownership for the better, prioritizing both personal and financial well-being.


Warm Regards,

Chijioke Uzoma

Features:

Live alongside Prospect Park in this oversized true 2-bedroom pre-war co-op! Located in Prime Park Slope, 44 Prospect Park West is a lovely elevator and doorman building on the corner of First Street and Prospect Park West.

Enter into the gracious and expansive foyer complete with a coat closet. Continue on to an oversized living room facing Prospect Park. This space is large enough to use as a sitting area and office or play space.

This home features windows on 3 sides with East, West, and North exposures.

Total Investment Value
Home Cash Price
1175000
Closing costs
Upfront LLC fees:
500
Dyur listing fee (6%)
Annual gross rents
Property taxes
Homeowners insurance
2205
Property management Fee (8%)
Annual LLC administration and filing fees
500
Annual cash flow
Monthly cash flow
8061
Why New York?
Here are the latest trends in the NYC real estate market as well as the statewide market. A prolonged scarcity of properties on the market, along with high prices and high mortgage rates, continues to impede the New York housing market. According to the housing report released by the New York State Association of REALTORS®, the number of properties for sale declined for the 37th straight month in year-over-year comparisons, while mortgage rates remain more than double what they were at this time last year.

The number of available properties for sale fell by 12%, from 40,321 in November 2021 to 36,490 this month. In year-over-year comparisons, the months' supply of dwellings stayed unchanged at 3.2 months. Months' supply is the number of months it would take to sell the present inventory of homes at the current sales rate. A balanced market has a supply of six to six and a half months.
Graph depicting the median sale price trend in New York, NY, from 2018 to 2023. The line graph shows two trends: one for New York with prices fluctuating around $800K, indicated in black, and another for the United States overall, with prices around the $400K mark, shown in orange. Source and more details available on Redfin.
Organizer:
Chijioke Uzoma
Windsor Terrace, NY
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