Mixed property types Mobile Home Park

[Sammy Johnson]

Hello,

Again another deal or no deal plz pick it apart so i don't get nailed thanks

asking price 1,800,000

with that said owner says negotiable he will owner finance some for me

Income: month YR
31 MH @ 390/mo =12,090 145,080
20 mini/sto @ 40/mo = 800 9,600
1 SFR @ 672 =672 8,040
owner 3000sf home =1,000 12,000
~14000 174,720
vacancy = 10,140
164,580

Expense

Property Tax = 3,750
Insurance =1460
water = 8400
Trash =1300
manage =
Maintenance =4700

total minus manage OO

19610

164,580
-19,610
~144,580 / 12 = 12,048 per month