Pegasus General Contractors, Inc.

Bastrop Housing Investment Opportunity

Where is Bastrop?Located 20 miles due East of Austin.20 minutes from Austin Bergstrom Int’l

airport2nd oldest incorporated town in Texas

What does Bastrop offer?GolfingState ParksBoating, fishing, hiking trailsShoppingSportsSchools

Bastrop Fun Facts Bastrop County is one of the fastest

growing counties, both in Texas and in the nation. Projections show the County population at 258,738 by 2040.

Bastrop is the second oldest town in Texas - first settled in 1804, officially established in 1832, and incorporated in 1837.

Nearly 140 Bastrop buildings and sites are officially listed in the National Register of Historic Places, earning the city the title of "Most Historic Small Town in Texas."

What is new for Bastrop?CVSHoliday InnComfort InnCarl’s Jr.Lowe’sSpecsBest BuyLakeside Medical CenterResidential Construction

Major Employers for Bastrop

WalmartH-E-BLowe’sHome DepotHyatt Regency Lost Pines ResortCounty of BastropCorrectional FacilityBastrop ISD (Schools)

Our clientsService industry employeesLow-moderate incomeFHA first time home buyersRenter conversionsMove-upsTrade downsRetirees

Our primary customer generally qualifies for the $8,000 first time home buyer tax credit.

Exit Strategy: Retail FinancingOur land home packages are FHA qualified,

which means buyers can get a standard FHA loan through;

Manufactured Housing Specialized Lenders 21st Mortgage CorpCascade Financial

Local Banks:First Nat’l Bank of BastropFranklin Bank

National Banks:Wells FargoChaseWachovia

Population and Income Trend2000 2006 %

ChangeProjecte

d 2011

Population

130,141

156,746 20.4% 180,165

Households

44,020 53,102 20.6% 61,106

Families 32,571 39,223 20.4% 45,085

Housing Units

49,531 58,275 17.7% 66,902

Household Size

2.79 2.80 0.4% 2.82

Per Capita Income

$17,492

$20,890 19.4% $23,419Insight Research Corporation

Our productOur most popular product is a 3/2 - 1300

square foot manufactured home on approximately ½ acre of land in or around Bastrop. These homes will sell for approximately $100,000 retail.

The Pegasus AdvantageTurn key land home packages to our retail

clients, including financing, site improvements, land selection, and custom home design and ordering.

Everything is included, retail clients can enjoy the ease of one-stop-shopping, which is not available at other housing retailers.

The Pegasus Team has a 30+ year combined experience executing manufactured housing sales, real estate transactions, mortgage services, general contracting and land development.

Investment Opportunity$50,000 investment;

Lien holder on title to $100k improved property.

$5,000 profit per sold and closed unitAnticipated 6 month construction through

saleApproximate 20% annual return on your

money30% projected return, when Pegasus has a

better market share*

Marketing ObjectivesContinue to purchase landIncrease local signage in targeted

neighborhoodsDirect marketing campaign(s)First Time Home Buyer seminarsContinue to broaden retail lender networkProjected sales center by end of 2010, first

quarter 2011Explore areas around Austin for potential

growth

The Breakdown of Sales Price

15%

15%

40%

5%

5%

5%15% LAND COSTS

IMPROVEMENTS

CONSTRUCTION

INVESTOR PROFIT

PERMITS /MISC.

CLOSING COSTS

PEGASUS OVERHEAD

Distribution of Funds after Closing INV

PGC

LAND $20,000 X

IMPROVEMENTS $15,000 X X

HOME $40,000 X

LAND/HOME PACKAGE $75,000SALES PRICE $100,000PAY OFF LAND $20,000PAY OFF INVESTOR $50,000INVESTOR PROFIT $5,000CLOSING COSTS AND FEES

$8,000

Pegasus General Contractors

$17,000

*Pegasus is responsible for sales commissions and advertising