Huntington Park (Beaumont, TX)

Units

Purchase Price

%

Actual 2 Year Total Return

Sales Price

$100k Investment = $100k return OF CAPITAL + $365k return ON CAPITAL in 2.5 years

N

Purchase Price (10.1 cap on actuals) = $2,970,000 ($32.2k/door)

N

Note = $2,816,129 (80% LTC)

N

Equity = $801k

N

Year 1 Projected Cash on Cash Returns = 17.7%

N

Year 2 Projected Cash on Cash Returns = 13.8%

N

Year 2 Projected AAR = 25.5%

N

Year 2 Projected IRR = 24.6%

N

Year 2 Projected Total Return = 51%

N

Projected Reversion Cap Rate = 8.5

N

Sales Price (7.1 cap on actuals) = $7,000,000 ($76.1k/door)

N

Loan Payoff + PP = $2,988,616 ($295k Pre Payment Penalty)

N

Equity = $801k

N

Year 1 Cash on Cash Returns = 17.2% (watered down)

N

Year 2 Cash on Cash Returns = 76.24% (includes all operating capital after sale)

N

Year 2 AAR = 182.50%

N

Year 2 IRR = 140.9%

N

Year 2 Total Return = 365%

N

Net Proceeds at sale = $3,711,580

Passive Income Featured Investment

Marketplace Square
(152 Units, Atlanta, GA)


Average Annualized Returns: 17%
Average Annual Cashflow: 10%
Total Projected Return: 109% (6 years)
Capex Improvements: $960,000

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