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MIA Forest Oaks
PROJECTED RETURNS
•Cash-on-Cash (CoC) Return: 10%
•Levered IRR: 15%
•Equity Multiplier: 2.2x
BUSINESS PLAN
•Hold for 5-7 years
•Renovate Units
•Other Income Opportunities
•$300 Rent Bump
• In House PM Company
PROPOSED CAPEX
• Upgrade Units
• Pool Upgrades
• Reserved & Covered Parking
• Exterior Improvements
• Dog Park
• Fenced Yards
TOTAL VALUE ADDED
•Rent Increase: $300ea x 164
• Fenced Yards - $100ea x 30
• Washer Dryer - $50ea x 72
$12,170,909
Cottonwood Park Village
PROJECTED RETURNS
•Cash-on-Cash (CoC) Return: 6.71%
•Levered IRR: 29%
•Equity Multiplier: 2.05x
BUSINESS PLAN
•Hold 3-4 Years
•$1M CapEX Budget
•$100 Rent Bump
•In House PM Company
•Other Income Raise 25+%
PROPOSED CAPEX
• 100 Upgrade Units
• Pool Upgrades
• Reserved & Covered Parking
• Washer/Dryer
• Roofing
• Dog Park
• Fenced Yards
TOTAL VALUE ADDED
•Rent Increase: $100ea x 175
• Covered Parking - $175ea x 30
• Washer Dryer - $50ea x 72
$13,416,667
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