Waterside at Rice Hope
Proforma ReadyPort Wentworth, GA
SFD · 62 units
Financial Metrics
Purchase Price
$16,740,000
IRR
34.65%
LP IRR
27.68%
MOIC
2.86x
Equity
$4,787,640
Yr 1 NOI
$764,564.204
Debt
$11,952,360
LTC
70.00%
Unit Mix
| Type | Count | Avg SF | Market Rent | Rent/SF |
|---|---|---|---|---|
| 3BR/2BA/2G | 25 | 1,257 | $2,000 | $1.59 |
| 4BR/2BA/2G | 12 | 1,482 | $2,150 | $1.45 |
| 4BR/2.5BA/2G | 13 | 1,928 | $2,550 | $1.32 |
| 5BR/3BA/2G | 12 | 2,361 | $2,750 | $1.16 |
| Total | 62 | |||