Executive Summary
• Total Portfolio Asking Price: $3,000,000
• Occupied Homes: 34
• Vacant Homes: 12
• Acquisition Options: Entire portfolio · Bundles · Individual homes
• Current annual rent amount for 34 occupied properties is $374,700
• Potential rent amount with full occupancy for all 46 homes is $511,000 per year
• Annual Tax amount for all 46 homes is $45,550 per year
• Seller has liability insurance for all 46 homes. $8000 per year total for all 46 homes. No insurance for dwelling. Only liability.
• Tenant pays all utilities. Water, gas, and electric.
• Current NOI on 34 occupied units and 12 vacant units is $335,200
• Total NOI for fully occupied 46 units is $457,000 per year
Scenario Annual NOI ROI / Cap Rate
All 46 fully occupied $457,947 15 %
Currently occupied $335,200 11 %
Buyer broker to be compensated by buyer