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Andy Hinton
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17 Unit Mobile Home Park Analyzed with a 10.79% cap rate

Andy Hinton
Posted Dec 1 2018, 10:30

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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