six mobile home parks tahlequah oklahoma 74464
DESCRIPTION
SIX MOBILE HOME PARKS TAHLEQUAH OKLAHOMA 74464. OFFICE: 822 S MUSKOGEE AVE TAHLEQUAH OKLAHOMA 74464 918-506-4081 OFFICE MANAGER: AMANDA BAUGHMAN. 21403 S KEELER DRIVE PARK HILL OKLAHOMA 74451. EXPENSES:. EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00 - PowerPoint PPT PresentationTRANSCRIPT
SIX MOBILE HOME PARKSTAHLEQUAH OKLAHOMA
74464
OFFICE:822 S MUSKOGEE AVE
TAHLEQUAH OKLAHOMA 74464918-506-4081
OFFICE MANAGER: AMANDA BAUGHMAN
21403 S KEELER DRIVE PARK HILL OKLAHOMA 74451
TOTAL SITES
44
TENANT OWN HOMES
12
LEASE OWN HOMES
10
VACANT LOTS
4
VACANT PARK OWNED HOMES
1
PARK OWNED HOMES
17
POTENTIALADDITIONAL SITES
10
ACRES:
9.5
LOT RENTS:
$265.00
THREE BEDROOM:
$475.00
TWO BEDROOM
$375.00
TOTAL INCOME
$17635.00
UNIT44 DATE DUE BEDROOM APPLIANCE DEP0SIT LEASE TO OWNPARK OWNED
TENANT OWNED VACANT LOT VACANT HOMES
39 0 265 40 4/16 3/2 0 460 41 265 42 4/1 0 265
42A 4/3 3/2 200 495 43 4/16 2/2 0 415 44 4/1 0 265 45 4/30 3/2 100 495 46 0 265 47 4/1 2/2 0 415 48 4/16 2/2 0 415 49 4/1 2/2 100 495 50 4/30 3/1 0 450 51 4/5 2/1 200 425 52 4/24 2/1 0 460 53 4/1 3/2 100 425 54 4/1 0 265 55 3/2 440 56 3/1 0 37557 0 265 58 4/16 3/2 100 495 59 4/1 3/2 0 495 60 4/1 3/2 0 425 61 4/25 3/2 0 460 62 4/21 2/1 0 475 63 4/24 3/2 200 550 64 4/1 0 265 65 4/24 0 265 66 4/16 3/2 100 495 67 4/7 3/2 0 475 68 4/16 3/2 0 460 69 4/16 3/2 0 460 70 0 265 71 WKLY 2/1 100 425 72 4/27 3/2 0 460 73 4/7 2/1 0 415 74 4/3 0 265 75 4/1 3/2 100 495 76 4/27 3/2 100 495 77 4/1 0 265 78 4/1 0 265 79 4/27 0 265 80 4/1 3/2 100 495 81 3/2 475
EXPENSES:TAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
3625.00 1100.00 9600.00 2625.00 1200.00 2033.33 10581.00
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$244820.33EXPENSES: $33200.33VACANCY: $17220.00NOI: $194400.0020.46% CAP
LOAN AMOUNT 760000 SOUTH BREEZE MANOR
INTEREST RATE 6.00% 21403 S KEELER DRIVE PARK HILL OKLAHOMA 74451
MONTHS 240 SELLING PRICE: $950000.00PAYMENTS $5,444.88 DOWN PAYMENT: $190000.00
PERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE10-Jun-14 550000 $5,444.88 $2,694.88 2750 $547,305.12
1-Jun-14 547305.124 $2,694.88 2750 $2,694.88 2750 $547,305.12 1-Jul-14 ($2,750.00) 2736.52562 ($55.12) 5486.52562 $544,610.25
VIDEO
• https://www.youtube.com/watch?v=nXGBb3IBuy0&feature=youtu.be
• https://www.youtube.com/watch?v=j-gx18enx3w&feature=youtu.be
• 129 West Willis Road Tahlequah Oklahoma 74464
TOTAL SITES
25
TENANT OWN HOMES
5
LEASE OWN HOMES
10
VACANT LOTS
4
VACANT PARK OWNED HOMES
1
PARK OWNED HOMES
5
POTENTIALADDITIONAL SITES
10
ACRES:
7.5
LOT RENTS:
$265.00
THREE BEDROOM:
$475.00
TWO BEDROOM
$375.00
TOTAL INCOME
$9275.00
UNIT DATE DUE BEDROOM APPLIANCE DEP0SIT LEASE TO OWN TENANT OWNEDPARK OWNED
VACANT LOT VACANT HOMES
1 4/1 2/1 0 360 2 4/3 3/1 0 595 3 4/3 2/1 0 515 4 265 5 4/1 3/2 0 450 6 2/1 3607 265 8 4/1 2/1 100 390 9 4/1 265
11 4/18 2/1 0 295 12 4/3 3/2 100 450 13 4/3 265 14 4/3 265 15 4/16 3/2 0 450 16 4/21 3/2 0 450 17 4/1 265 18 265 19 4/3 3/2 200 450 20 4/3 265 21 4/1 2/1 100 390 22 4/1 2/1 335 23 4/3 3/2 100 450 24 265 25 2/1 0 325 26 4/3 2/1 100 425 27 28 29 30 31 32 33 34
EXPENSESTAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
3267.00 945.00 12000.00 2625.00 00.00 2033.33 5565.00
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$111264.00EXPENSES: $28871.33LESS VACANCY: $17040.00NOI: $65352.6710.98% CAP
LOAN AMOUNT 476000 STEPP MOBILE HOME PARKINTEREST RATE 6.00% 329 W WILLIS RD TAHLEQUAH OKLAHOMA 74464MONTHS 240 SELLING PRICE: $595000.00PAYMENTS $3,410.21 DOWN PAYMENT: $119000.00
PERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE1-May-14 350000 $3,410.21 $1,660.21 1750 $348,339.79 1-Jun-14 348339.7882 $1,660.21 1750 $1,660.21 1750 $348,339.79 1-Jul-14 ($1,750.00) 1741.698941 ($89.79) 3491.698941 $346,679.58
VIDEO
• https://www.youtube.com/watch?v=ffmlRfAO6bM
• https://www.youtube.com/watch?v=3osiPjz1qX8
19023 E RD 801,802,803 RDPARK HILL RD TAHLEQUAH OK 74464
TOTAL SITES
34
TENANT OWN HOMES
4
LEASE OWN HOMES
10
VACANT LOTS
1
VACANT PARK OWNED HOMES
8
PARK OWNED HOMES
11
POTENTIALADDITIONAL SITES
0
ACRES:
10
LOT RENTS:
$265.00
THREE BEDROOM:
$475.00
TWO BEDROOM
$375.00
TOTAL INCOME
$12810.00
RENT ROLL - BUTTERFLYUNIT DATE DUE BEDROOM DEP0SIT LEASE TO OWN TENANT OWNED
PARK OWNED VACANT LOT VACANT HOMES
1 4/16TH 3/2 200 500 2 3/2 4753 4/1 2/1 360 4 4/5 3/2 200 425 5 3/1 2/1 360 6 7 4/9 2658 4/21 2/1 200 475 9 4/1 2/2 200 390
10 4/1 2/1 390 11 4/3 2/1 360 12 4/16 2/1 200 360 13 3/2 47514 4/16 3/2 460 15 4/16 3/2 460 16 4/3 265 17 4/1 2/2 360 18 4/1 2/1 365 19 4/1 3/2 460
20A 2/1 37520 4/1 3/1 450 21 2/1 37522 3/2 47523 3/2 475
24A 4/3 240 24 4/1 3/2 450 25 4/1 2/1 300 26 4/1 2/1 350 27 26528 2/1 37529 4/1 3/2 460 30 37531 37532 4/1 265 33 34
TAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
3727.00 945.00 9600.00 2625.00 4800.00 2033.33 7686.00
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
TAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
3727.00 945.00 9600.00 2625.00 4800.00 2033.33 7686.00
GROSS ANNUAL:$153720.00EXPENSES: $31227.33LESS VACANCY: $40260.00NOI: $82232.6711.83% CAP
LOAN AMOUNT 556000 BUTTERFLY CREEK INTEREST RATE 6.00% 19023 E 801-803 RD PARK HILL TAHLEQUAH OKLAHOMA 74464MONTHS 240 SELLING PRICE: $695000.00PAYMENTS $3,983.36 DOWN PAYMENT: $139000.00LAST TEN YEAR ACERATED TO FIVE YEAR
PERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE1-May-14 350000 $3,983.36 $2,233.36 1750 $347,766.64 1-Jun-14 347766.6433 $2,233.36 1750 $2,233.36 1750 $347,766.64 1-Jul-14 ($1,750.00) 1738.833217 $483.36 3488.833217 $345,533.29
VIDEO
https://www.youtube.com/watch?v=YOVbx5ypXts
https://www.youtube.com/watch?v=y1cXG3lyqTo
1200 KEETOOWAH ST TAHLEQUAH OK 74464
TOTAL SITES
26
TENANT OWN HOMES
5
LEASE OWN HOMES
7
VACANT LOTS
2
VACANT PARK OWNED HOMES
8
PARK OWNED HOMES
4
POTENTIALADDITIONAL SITES
0
ACRES:
3
LOT RENTS:
$265.00
THREE BEDROOM:
$375.00
TWO BEDROOM
$300.00
TOTAL INCOME
$7590.00
SUNSHINE RENT ROLLUNIT DATE DUE BEDROOM APPLIANCE DEP0SIT LEASE TO OWN
PARK OWNEDTENANT OWNED VACANT LOT VACANT
HOMES1 4/1 2/1 0 266 3 4/1 2/1 0 395 4 4/1 2/1 0 286 5 4/1 2/1 0 266 6 4/1 2/1 0 266 7 4/1 2/1 0 335 8 2/1 0 265 9 4/1
15 265 17 2/1 0 26518 26519 4/1 2/1 0 266 21 BI-WKLY 2/1 0 350 23 2/1 0 32524 4/1 265 25 30027 4/1 2/1 0 315 29 4/1 265 30 1/1 0 30031 2/1 0 33533 4/1 265 36 2/1 0 30037 2/1 0 30038 4/1 2/1 0 325 39 4/1 2/1 0 275 40 4/1 265 41 4/1 265
EXPENSES
TAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
2125.00 756.00 8400.00 2625.00 900.00 2033.33 4554.00
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$91080.00EXPENSES: $23829.00LESS VACANCY: $35040.00NOI: $32211.0010.92% CAP
LOAN AMOUNT 236000 SUNSHINE ESTATE INTEREST RATE 6.00% 1200 CHOCTAW STREET TAHLEQUAH OKLAHOMA 74464MONTHS 240 SELLING PRICE: $295000.00PAYMENTS $1,690.78 DOWN PAYMENT: $59000.00LAST TEN YEARS ECERATED TO FIVE YEARS
PERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE1-May-14 200000 $1,690.78 $690.78 1000 $199,309.22 1-Jun-14 199309.2227 $690.78 1000 $690.78 1000 $199,309.22 1-Jul-14 ($1,000.00) 996.5461135 ($309.22) 1996.546114 $198,618.45
VIDEO
https://www.youtube.com/watch?v=C0VeKw9jKKc
https://www.youtube.com/watch?v=-GYPQB5zDrQ
BLACK JACK RD STILWELL OKLAHOMA 74960
TOTAL SITES
17
TENANT OWN HOMES
0
LEASE OWN HOMES
2
VACANT LOTS
4
VACANT PARK OWNED HOMES
6
PARK OWNED HOMES
5
POTENTIALADDITIONAL SITES
0
ACRES:
2.5
LOT RENTS:
$265.00
THREE BEDROOM:
$375.00
TWO BEDROOM
$300.00
TOTAL INCOME
$5240.00
SIERRA ESTATE RENT ROLL
UNIT DATE DUE BEDROOM APPLIANCE DEP0SIT
LEASE TO OWN
TENANT OWNED PARK OWNED VACANT LOT
VACANT
HOMES
1 1-Apr 2-Mar 0 300
2 265
3 500
4 300
5 1-Apr 2-Mar 0 395 350
6 300
7 300
8
9 1-Apr 1-Feb 325
10 1-Apr 2-Mar 350
11 1-Apr 2-Mar 350
12 1-Apr 2-Mar 350
14 1-Feb 265
15 265
16
17 1-Feb 325
18 1-Apr 1-Feb 300
19
20 1200 1670 795 1575
EXPENSESTAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
622.00 693.00 00.00 2625.00 300.00 2033.33 3252.00
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$65040.00EXPENSES: $11961.00LESS VACANCY: $28440.00NOI: $24639.0014.58% CAP
LOAN AMOUNT 156000 SIERRA ESTATESINTEREST RATE 6.00% BLACKJACK RD STILWELL OKLAHOMA 74960MONTHS 240 SELLING PRICE: $195000.00PAYMENTS $1,117.63 DOWN PAYMENT: $39000.00LAST TEN YEARS EXCERATED TO 60 PAYMENTS
PERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE10-Jun-14 100000 $1,117.63 $617.63 500 $99,382.37
1-Jun-14 99382.36755 $617.63 500 $617.63 500 $99,382.37 1-Jul-14 ($500.00) 496.9118377 $117.63 996.9118377 $98,764.74
PICTURES SIERRA ESTATE
19027 E 840 RD PARK HILL OKLAHOMA 74451
TOTAL SITES
58
TENANT OWN HOMES
0
LEASE OWN HOMES
33
VACANT LOTS
6
VACANT PARK OWNED HOMES
3
PARK OWNED HOMES
0
POTENTIALADDITIONAL SITES
16 RV SITES
ACRES:
5
LOT RENTS:
$265.00
THREE BEDROOM:
$375.00
TWO BEDROOM
$300.00
TOTAL INCOME
$13605.00
LAKEWAY RENT ROLLUNIT DATE DUE BEDROOM APPLIANCE DEP0SIT LEASE TO OWN TENANT OWNED VACANT LOT VACANT
HOMES1 1-Apr 2-Mar 200 375 2 1-Apr 2-Mar 200 425 3 15-Apr 1-Feb 0 325 4 21-Apr 1-Feb 0 365 5 3-Apr 1-Feb 0 345 6 2-Mar 0 265 7 1-Apr 2-Mar 0 450 8 Bi weekly 1-Feb 200 375 9 3-Apr 1-Feb 0 325
10 1-Apr 1-Feb 0 300 11 1-Apr 1-Feb 200 325 12 1-Apr 1-Feb 0 295 13 1-Feb 0 30014 weekly 1-Feb 200 375 15 1-Feb 0 325 16 1-Feb 0 37517 3-Apr 1-Jan 200 295 18 5-Apr 1-Feb 0 230 19 5-Apr 1-Jan 200 250 20 3-Apr 1-Feb 200 300 21 1-Feb 0 295 22 Bi- weekly 1-Feb 100 295 23 weekly 1-Feb 200 250 24 5-Apr 1-Feb 0 325 25 11-Apr 2-Feb 0 300 26 weekly 1-Feb 0 425 27 7-Apr 1-Feb 0 300 28 1-Apr 1-Feb 0 325 29 1-Feb 0 265 30 5-Apr 1-Feb 0 325 31 1-Apr 1-Mar 200 395 32 3rd week of month 1-Feb 0 325 33 265 34 265 35 265 36 265 37 3-Apr 1-Feb 0 325 38 weekly 1-Feb 200 325 39 1-Jan 0 375 37540 1-Apr 1-Feb 200 375 41 1-Apr 1-Feb 0 325 42 43 44 2500 10965 $1,590 $1,050.00
EXPENSESTAXES INSURANCE WATER LAWN SERVICE GARBAGE LABOR MATERIALS
3600.00 2079.00 00.00 2625.00 4320.00 2033.33 12607,50
EVICTION COST IS BUDGETED ONE PER MONTH: $1236.00EVICTIONS FILED ANY DAY THIS WEEK – NEXT FRIDAY COURT DAY – TENANT WILL HAVE 48 HOURS TO VACATE UNIT EVERY TIME. $103.00 PER EVICTION SERVED BY SHERIFF .OFFICE: $1200.00 - POTION FOR EACH PARKMATERIALS ARE BUDGETED AT 5% OF GROSS.ADVETISING IS FREE – BEST RESULTS FROM CRAIGSLIST.
GROSS ANNUAL:$151290.00EXPENSES: $27264.33LESS VACANCY: $31680.00NOI: $92345,6713.29% CAP
LOAN AMOUNT 396000 LAKEWAY PARK LLC
INTEREST RATE 5.50%19027 E 840 RD PARK HILL OKLAHOMA 74451
MONTHS 180 SELLING PRICE: $695000.00PAYMENTS $3,235.65 DOWN PAYMENT: $299000.00 PAID TO BRADLEY PILLAY ASSIGNED SHARELIEN ON MH 240ASSIGN LLCPERIOD BIGINNING BALANCE PAYMENT PRINCIPAL INTEREST CUMULATIVE PRINCIPAL CUMULATIVE INTEREST ENDING BALANCE
1-Apr-14 396650 $3,235.65 $1,417.67 1817.979167 $395,232.33 1-May-14 395232.3287 3347.16 $1,417.67 1817.979167 $1,417.67 1817.979167 $395,232.33 1-Jun-14 $1,529.18 1811.481506 $2,946.85 3629.460673 $393,814.66
VIDEO
https://www.youtube.com/watch?v=irI1sBjfOcQ
SUMMARY• TOTAL SALE PRICE: $3425000.00• TOTAL NOI $491181.01• 14.34% CAP• 206 LOTS – Based on lot rents only:• DIVIDED BY 130% vacancy = 158 RENTED X $265.00 = $41870 X
12 = $502440.00 DIVIDE X 140% EXPENSES = $358885.71 NOI= 12.17% CAP
• 30 % down payment only. 6% interest fixed 20yrs. Approved financing – first lien – transfer of deed. 100 homes with lease to own notes for next five years – close to $1000000.00 bonus to buyer:- few as 25 homes vacant – Which about 10 needs repairs .
• All 150 homes are free to buyers with this deal.