Oak Heritage
Proforma ReadyPrairieville, LA
TH · 56 units
Financial Metrics
Purchase Price
$14,000,000
IRR
34.35%
LP IRR
27.46%
MOIC
2.84x
Equity
$4,004,000
Yr 1 NOI
$637,894.473
Debt
$9,996,000
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 1BR/1BA | 1 | 895 | $1,600 | $1.79 |
| 2BR/2.5BA/2G | 1 | 1,450 | $1,795 | $1.24 |
| 3BR/2.5BA/2G | 2 | 1,601 | $1,768 | $1.10 |
| 3BR/2.5BA/2G | 50 | 1,739 | $2,011 | $1.16 |
| 3BR/2.5BA/2G | 2 | 1,767 | $1,963 | $1.11 |
| Total | 56 | |||