Master tenant income is projected at $1,467,477 with Year 1 investor distributions targeted at 4.51%. Full-term average income is projected at 5.99%, supported by $4,552,427 in master tenant reserves.
Ongoing fee rates
Asset Mgmt Fee (annual)0.30%Additional Rent
Asset Mgmt Fee (annual)
0.30%
of Additional Rent
Master Tenant Income
$1,467,477
CM Fee
$148,500
Strengths
- Projected Year 1 distribution of 4.51%
- Master tenant income budgeted at $1,467,477
Concerns
- Ongoing performance is dependent on 240 units of vintage rental stock