THREE INVESTMENT STRATEGIES 1. LONG-TERM RENTAL — APPROX. 7.0% PROJECTED STABILIZED CAP Mae Meadows offers a straightforward long-term multifamily strategy with five newly constructed 2-bedroom, 1-bath residences of approximately 600 SF each. At projected rents of $1,500 per unit per month, the property generates $90,000 in annual scheduled rent. Based on current pro forma assumptions, projected stabilized NOI is approximately $69,520, representing a 6.96% projected stabilized cap rate at the $999,000 asking price. 2. PERMITTED SHORT-TERM RENTAL — APPROX. 11.0% PROJECTED RETURN The property has permits in place for short-term rental operation and provides a flexible nightly-rental configuration. The five residences can be rented individually as 2-bedroom units or marketed collectively as a 10-bedroom property for family gatherings, group travel or corporate retreats. Using a base-case assumption of $195 average daily rate and 52% occupancy, the five units generate approximately $185,055 in projected annual room revenue. Projected annual operating expenses total approximately $74,811, including 20% third-party management, utilities, insurance, property taxes, repairs and maintenance, supplies and replacement reserves. This results in projected STR NOI of approximately $110,244, representing an 11.04% projected return on the $999,000 purchase price. Cleaning is assumed to be charged through to guests and is therefore not included as a net operating expense. No additional revenue from whole-property 10-bedroom bookings is assumed in this projection. 3. CONDOMINIUM / INDIVIDUAL RESALE — TWO POTENTIAL EXIT PATHS Mae Meadows is currently in the process of being established as a condominium development, creating an additional investment and exit strategy. At the $999,000 bulk offering price, an investor's acquisition basis is approximately $199,800 per residence. Seller anticipates potential individual pricing of approximately $235,000-$249,000 per unit following completion of the condominium process. At those prices, five individual sales would represent potential aggregate gross proceeds of approximately $1,175,000-$1,245,000. Hold + Sell: An investor purchasing the property at $999,000 and selling all five residences by December 31, 2027, without operating them as rentals, would generate a potential gross sellout gain of approximately $176,000-$246,000, representing a 17.6%-24.6% gross return on the acquisition price before brokerage commissions, closing costs, carrying costs, financing, taxes, condominium-related expenses and other transaction costs. Rent + Sell: Alternatively, an investor could begin long-term rental operations on January 1, 2027 while selling the individual residences progressively throughout 2027. The current long-term rental pro forma projects $69,520 in annual stabilized NOI. Assuming the five units are sold approximately evenly throughout the year, the portfolio would generate an illustrative $34,760 in additional rental NOI during the disposition period. Combining that illustrative rental income with the projected condominium sellout produces a modeled gain of approximately $210,760-$280,760, representing approximately 21.1%-28.1% of the $999,000 acquisition price, before brokerage commissions, closing costs, financing, taxes and other transaction expenses. The rental-and-sell scenario is illustrative and actual results will depend on lease-up, operating performance and the timing of individual unit sales. Individual pricing, rental income and sellout projections are estimates only and remain subject to completion of the condominium process, market conditions, selling expenses and buyer verification.