Frame Med Center
Proforma ReadyKaty, TX
TH · 174 units
Financial Metrics
Purchase Price
$58,290,000
IRR
3.94%
LP IRR
5.92%
MOIC
1.22x
Equity
$16,670,940
Yr 1 NOI
$1,915,958.657
Debt
$41,619,060
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 3BR/2.5BA/2G | 15 | 1,388 | $2,341 | $1.69 |
| 3BR/2.5BA/2G | 38 | 1,389 | $2,327 | $1.68 |
| 3BR/2.5BA/2G | 15 | 1,412 | $2,366 | $1.68 |
| 3BR/2.5BA/2G | 20 | 1,441 | $2,528 | $1.75 |
| 4BR/2.5BA/2G | 11 | 1,653 | $2,659 | $1.61 |
| 4BR/2.5BA/2G | 9 | 1,669 | $2,649 | $1.59 |
| 2BR/2.5BA/2G | 18 | 1,135 | $2,188 | $1.93 |
| 2BR/2.5BA/2G | 15 | 1,146 | $2,163 | $1.89 |
| 3BR/2.5BA/2G | 33 | 1,404 | $2,358 | $1.68 |
| Total | 174 | |||