Master tenant income is $3,467,104, supporting a projected Year 1 income yield of 4.18% and a full-term average distribution of 4.06%.
Ongoing fee rates
Asset Mgmt Fee (annual)0.0%-0.30%
Asset Mgmt Fee (annual)
0.0%-0.30%
Master Tenant Income
$3,467,104
Strengths
- Master tenant income generates $3,467,104 annually.
- Initial Year 1 projected distribution is 4.18%.
Concerns
- Average income distribution decreases slightly to 4.06% over the term.
- Operating cash flow yields a tight 1.03x coverage over debt.