Rental portfolio
3 occupied · 1 vacant
Gross rent / mo
$6.1K
OpEx / mo
$2.3K
NOI / mo
$3.8K
Portfolio cap rate
7.6%
§
Section 8 / FMR overlay
3 of 4 properties below local FMR ceiling. Switching 1812 N 27th from market to a voucher tenant could lift monthly rent ~$102 with no rehab.
| Property | Voucher | Rent / mo | FMR cap | Cap rate | Status |
|---|---|---|---|---|---|
🏠 1812 N 27th St Philadelphia, PA 19121 · 3bd/1ba |
Section 8 | $1.8K | $1.9K 95% of FMR |
7.8% | Occupied |
🏘️ 4218 Lancaster Ave Philadelphia, PA 19104 · 4bd/2ba |
Mixed | $2.4K | $2.4K 98% of FMR |
7.1% | Occupied |
🏡 5410 Wayne Ave Philadelphia, PA 19144 · 3bd/1.5ba |
Section 8 | $2.0K | $2.0K 100% of FMR |
8.2% | Occupied |
🏚️ 118 W Susquehanna Philadelphia, PA 19122 · 2bd/1ba |
Market | — | $1.5K | 7.1% | Vacant |