FareigX & Frei Homes Information

FareigX 

FareigX is a system designed to increase the gross income of auto repair facilities by marketing free oil changes and free vehicle inspections, then uses the auto shops client database to market Frei Homes "rent by room" with home ownership concepts.

Most 4 Bay auto repair shop are mixed with a 5 day work week and 2 days closed, an inefficient use of that time and space lost to the wind. 

FareigX takes that time and re-organizes it. It moves all oil changes and vehicle inspections to the weekends only by appointment.

This allows the high earnings of the A & B techs to do what they do best and that is to diagnose and repair vehicles.

A 4 Bay shop with 4 c-techs and 1 service advisor can perform 276 oil changes and vehicle inspections per month at a total cost of $13,783 with the c-techs and advisors pay at $25 an hour and each oil change costing $18 each on average.

That same shop generates about $149,000 that month using an ARO of $1350 or $99,360

with an ARO of $900 depending on how you look at the numbers and what your current real life shop is doing.

Gross Profits range from $50,000 to $81,000 per month for this shop example

This includes performing the 2 minute audit for vehicle wheel alignments too

Then from the Monetization of the shops client database comes Frei Homes 

Frei Homes - This program is now added to the FareigX program

A High-Yielding Resort Styled Home Conversion program | Value & Return Model Frei Homes presents a transformed 3,990 sq. ft. resort-style property (built 2003), upgraded with newly built backyard cottages and luxury resort amenities: year-round heated pool, jacuzzi, fitness center, outdoor lounge, and BBQ kitchen.

Investment & Lifestyle Strategy

• Self-Sustaining Portfolio: The cash flow from your first two projects covers their own debt service and operating costs.
• Live Free + Cash Flow: By your 3rd property, you live in the home free while generating over $125,000/year in net personal income from the cash flow.

Financial Valuation & Cap Rate Model

• Original Property Value:$900,000 (Pre-conversion baseline)
• Gross Annual Income:$432,000/year ($36,000/month)
• Operating Expense Ratio: 12.5% (Low cost structure via resident ownership model)
• Net Operating Income (NOI):$378,000 / year
• Post-Conversion Valuation:$6,870,000 – $7,950,000(Valued at a 4.75% – 5.5% market Cap Rate)

Monthly Revenue Breakdown (12 Units Total)

• Master Suites & New Cottages ($3,500/mo each):
  • 2 Primary Home Master Suites (with private baths)
  • 4 Newly Built Backyard Cottages
  • Subtotal: $21,000/mo
• Converted Interior Rooms ($2,500/mo each):
  • 6 Updated Primary House Units (shared resort amenity access)
  • Subtotal: $15,000/mo

  Gross Operating Revenue: $36,000 / month Get In Touch Contact the Project Manager at Frei Homes on Facebook or LinkedIn for full pro forma metrics and partnership details.