Single family investment services
Find Out MoreWe specialize in single family rentals and 'fix and flip' investments
SFR Rental Platform
We build single family rental portfolios in high yielding markets
Co-Investment
We can tailor a solution where we work together to buy homes in a joint venture
Quality Property Management
We can manage and turn around existing portfolios, including mismanaged/underperforming assets
Illustrative investment returns for different single family home quality classes
Cash yields up to 11% for workforce housing
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Class A- / B+ Newer & Higher End Suburbs
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Class B- Older Homes, Gentrifying Areas
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Class C+ 70's thru early 90's vintage, stable tenants
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Class C* "Workforce Housing" - Older Suburbs, stable tenants
- Average Home Cost Basis Purchase price + rehab costs
- $200,000
- $175,000
- $100,000
- $80,000
- Discount to Market / Initial Capital Gain Market value after rehab
- 10% $220,000
- 10% $192,500
- 12% $112,000
- 12% $90,000
- Average Monthly Rent
- $1,400
- $1,300
- $1,200
- $1,000
- Target Gross Yield Annual rent / cost basis
- 8.25%
- 9%
- 11%
- 12.5%
- Expense Ratio Expenses * annual rent
- 30%
- 35%
- 40%
- 42%
- Initial LTV
- 50%
- 65%
- 75%
- 75%
- Initial LTC Cash in
- 55% $90,000
- 70% $52,500
- 82% $18,000
- 82% $14,400
- Cap Rate Net operating income divided by home cost basis
- 5.5%
- 5.85%
- 6.6%
- 7.25%
- Cash on Cash - Annual Cash Yield Distributed quarterly
- 4.5%
- 5.5%
- 8%
- 11%
- Levered annual mortgage paydown return Principal paydown / cash in
- 1.8%/yr
- 3.6%/yr
- 6.5%/yr
- 6.5%/yr
- Home Price Appreciation ('HPA')
- 3.5%In good markets
- 3%Sometimes
- 2%+/- Inflation only
- 1.75%Inflation only
Return figures are illustrative only
Anything less than Class C carries too much risk*
Anything less than Class C carries too much risk*