Barry West Phase I
Proforma ReadyKansas City, MO
TH · 182 units
Financial Metrics
Purchase Price
$55,510,000
IRR
33.59%
LP IRR
26.93%
MOIC
2.79x
Equity
$15,875,860
Yr 1 NOI
$2,506,975.787
Debt
$39,634,140
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 2BR/2BA/2G | 12 | 1,223 | $2,095 | $1.71 |
| 2BR/2.5BA/2G | 41 | 1,236 | $2,030 | $1.64 |
| 3BR/2BA/2G | 12 | 1,268 | $2,195 | $1.73 |
| 3BR/2.5BA/2G | 43 | 1,440 | $2,377 | $1.65 |
| 3BR/3.5BA/2G | 25 | 1,610 | $2,620 | $1.63 |
| 3BR/3BA/2G | 12 | 2,111 | $2,995 | $1.42 |
| 4BR/3.5BA/2G | 25 | 1,900 | $2,922 | $1.54 |
| 4BR/3BA/2G | 12 | 2,142 | $3,095 | $1.44 |
| Total | 182 | |||