17 Unit Mobile Home Park Analyzed with a 10.79% cap rate
I am looking for a partner to purchase a 17 unit Mobile Home park....I am new to bigger pockets and would like to partner with help and expertise and completing a deal: Please let me know if there is an interested investor/partner who can help me put this deal together?
Details are as follows:
Monthly Income: $9410.00
Monthly Expenses: $3600.07
Monthly Cash Flow: $5809.93
Pro Forma Cap Rate: 10.73%
NOI: $69,719.20
Total Cash Needed: $662,500.00
Cash on Cash ROI: 10.52%
Purchase Cap Rate: 10.73%
thank you,
Andy
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