33 unit apartment

Caleb West

Multi Family Commercial|Collaborative Office|
REIN Member
Feb 7, 2017
127
57
28
#1
Projections based on
A 3% market appreciation
A 7% vacancy
A 44% expense ratio
Cap rate of 5.88% on acquisition with our goal of cutting expenses to 35% , increasing rents from $60/ below market to market or $20/below market rents within 24 months making it around a 6.75-7.25% cap rate

ROI for a 10% share valued at $160k from Years 1,5 and 10 of 15%-18%-22%


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