Solamar Townhomes
Proforma ReadyKissimmee, FL
TH · 210 units
Financial Metrics
Purchase Price
$54,000,000
IRR
43.16%
LP IRR
34.10%
MOIC
3.55x
Equity
$15,444,000
Yr 1 NOI
$2,523,610.135
Debt
$38,556,000
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 2BR/2BA | 60 | 973 | $1,953 | $2.01 |
| 2BR/2.5BA | 70 | 1,052 | $1,973 | $1.88 |
| 3BR/3BA | 80 | 1,317 | $2,333 | $1.77 |
| Total | 210 | |||