Portfolio Examples

  • Centennial West, WA, 62 Units

    Status: Currently owned & stabilized

    Purchase Price: $3M

    Purchase Date: January 2020, refinanced middle 2022 and recovered 100% of down payment money.

    Current Value: $7.9M

    Projected 5 year value: $8.5M

    Current equity position and annualized IRR after 46 months: $5.18M and 62.36%

    Projected 5 year value and annualized IRR: $8.5M and 47.53%

  • Quint Village, WA, 28 Units

    Status: Currently owned & stabilized

    Purchase Price: $2.3M

    Purchase date: 11/2019. Refinanced 2022 and recovered all down payment.

    Current Value Confirmed By 10/2023 Offer: $3.4M

    Projected 5 year value: $4M

    Current equity position and annualized IRR after 44 months: $1.56M and 34.4%

    Projected 5 year Value and annualized IRR: $4M and 24.21%

  • Deauville: Seattle, WA 8 Units

    Status: Completed and Exited, 8.5 Year hold with refinance at 24 months recapturing all initial equity.

    Purchase Price: $1.0M

    Dates: purchased: December 2010: refinanced 24 months in recaptured 130% of down payment. Sold 7/2019

    Exit Price: $2.45M

    8.5 Year Profit: $1,628,000

    Annualized IRR: 23.27%

  • Tacoma, WA: 16 Units

    Status: Currently owned and stablizing

    Purchase Price: $2.3M

    Date Purchased: 10/2022

    Current Estimated Value: $2.6M

    Estimated current IRR: 29.58%

    Projected 36 month IRR: 41.34% @ $3.95M ARV

  • Walla Walla, WA: 9 Units

    Status: Completed and exited in 14 months

    Purchase Price: $525K ($200K Equity)

    Dates: Purchase Date: 2/2021 Sale date: 5/2022

    Exit Price: $845K

    Annualized IRR: 76.32%

  • Kent, WA: 8 Units

    Status: Completed and exited in 16 months

    Purchase Price: $800K ($200K capital used)

    Dates: Purchased June 2016, Sold September 2017

    Exit Price: $910K

    Annualized IRR: 35.18%

  • Auburn, WA: 5 Units

    Status: Completed and exited in 40 months

    Purchase Price: $475K ($110K capital used)

    Dates: Purchase: 3/2016 Sale date: 7/2019. Refinanced ~month 18 and recaptured initial capital used for acquisition.

    Exit Price: $750K

    40 month profit: $420K

    Annualized IRR: 49.47%

  • Wenatchee, WA: 7 units

    Status: Down to the stud rehab, completed lease up 4/2024.

    Purchase Price: $1.1M ($250K Equity)

    Rehab Budget: 350K

    Purchased: 3/2022

    Current Value: $1.75M

    Annualized IRR: 15.8%