Ironwood Homes at River Run
Proforma ReadyAvondale, AZ
SFD · 103 units
Financial Metrics
Purchase Price
$44,290,000
IRR
15.73%
LP IRR
14.77%
MOIC
1.77x
Equity
$12,666,940
Yr 1 NOI
$1,539,932.942
Debt
$31,623,060
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 3BR/2.5BA/2G | 51 | 1,647 | $2,399 | $1.46 |
| 4BR/2.5BA/2G | 28 | 1,716 | $2,500 | $1.46 |
| 4BR/2.5BA/2G | 24 | 1,800 | $2,615 | $1.45 |
| Total | 103 | |||