eXp Realty Ryan McMillan, Oregon license 201262100 · Brokered by eXp Realty (541) 941-8301
PromesaInvestment Properties

Our Properties · Multifamily

Siskiyou Fourplex

610 Siskiyou Boulevard · Ashland, OR · 97520 · Jackson County

Sample · Not for SaleLocation

A sample listing, not for sale. It is made up to show how our listings and their Offering Memoranda work; the property, its address and its figures are not real.

$1,120,000

$280,000 per unit · $287 per sq ft

Siskiyou Fourplex, photo 1 of 1

The underwriting

$1,120,000 5.6% cap

Siskiyou Fourplex

4 units3,900 sq ft$280K / unit4 bathsGarage Yesbuilt 1985

Cash FlowYear 1$444Year 10$2,037a month, after the loan
$1,120,000 5.6% cap

Debt coverage is under the lender's 1.25× line.

LineNowYear 10 proformaProjections for illustration only: not an appraisal, a loan quote or a guarantee. Verify every figure in due diligence. Disclosures
NOI / year$63K$82K
Coverage1.09×1.43×
Equity$392K35% down$882K59%
Return CoC · IRR1.3%8.8%

Down payment

35%

Interest rate

6.875%

Amortization

30 years

Management

Self-managed

30-year fixed. Income and value grow 3% a year. Self-managed.

Ask Ryan for the file

Rent roll, trailing twelve, and the lender package.

Figures are estimates from information deemed reliable but not guaranteed. Disclosures.

Units
4
Year built
1985
Building
3,900 sq ft
Lot
9,100 sq ft
Bathrooms
4
Garage
Yes
Occupancy
100%
Gross rent
$8,000 / mo
Expenses
$28,480 / yr
Cap rate
5.6%
NOI
$62,720
GRM
11.7x

About the property

Fictional placeholder listing for demonstration.

Four townhouse-style units, each two bedrooms with a private patio, walking distance to Southern Oregon University. Long-tenured tenants and a waiting list; the value is in bringing rents to market on turnover.

Highlights

  • Townhouse plans, no one above or below
  • Walk to SOU and downtown Ashland
  • Separate electric meters, owner pays water

Location

Map not available