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Updated over 7 years ago on . Most recent reply

User Stats

101
Posts
52
Votes
Ashley Hernandez
  • Yuba City, CA
52
Votes |
101
Posts

Need help with portfolio offer

Ashley Hernandez
  • Yuba City, CA
Posted

I have an off market portfolio that I would really like to make an offer on however I am not sure exactly what I should offer for it.  Any thoughts or suggestions on how I could structure this?? (the 1 bdrm 5plex is way to low imo) owner is open to in his words "anything that makes sense".  Mind you I would like to do rent increases across the entire portfolio because he is way below the market rents in the local area. 

# of bdrms # of bathrms Sqft Current Rent High prop value Mid prop value Low prop value Annual Taxes
2 1 956 $600 $140,651 $126,000 $122,200 $787.20
2 1 884 $574 $133,164 $114,200 $111,700 $738.16
3 2 2005 $1,200 $330,811 $321,000 $312,800 $2,110.96
1 1 672 $550 $114,600 $113,878 $111,500 $638.08
2 1 792 $515 $130,700 $129,840 $121,900 $772.06
1 1 $490 $160,000 $158,000 $154,782 $952.64
1 1 $490
1 1 $490
1 1 $490
1 1 $490
1 1 $550 $98,800 $98,000 $92,915 $941.58
3 1 $590 $183,939 $179,700 $166,800 $1,381.78
TOTAL $7,029 $1,292,665 $1,240,618 $1,194,597 $8,322.46




Annualized Income
$84,348 $84,348 $84,348 $84,348
Annualized expenditure $73,344 $70,392 $67,776
$8,322.46 $8,322.46 $8,322.46
Total Profit $2,681.54 $5,633.54 $8,249.54

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