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The Numbers

Evergreen Mobile home park Helena, MT.

Income; 39 total spaces

3 Rv spaces

35 lots rented at $215 per month= $7,525 x 12= $90,300 per year

1 space with park owned Double wide rent is $760 per month x 12= $9,120 per year

Total income $99,420

Expenses

On-site manager $2,625

Postage $23.45

Repairs 801,11

Grounds Maintenance $1,963.39

Electricity $2,997.45

Trash $3,786.96

Gas $454.35

Bank Charges $30

Real estate taxes $2,417.95

Permits $550

Insurance $2,250.50

Water Sampling $2,400

Total expenses $20,300

NOI $79,120

Cap rate 9.2%

If you have questions or want more information you may email me from the button on the left side of this page or call me at (406)240-6710, or my Texas number is (361)949-3273. Please let me know what property you are inquiring about and/or the specifics you have in mind.