Melrose Duplexes
Data by Year: 2022
Quarterly Dividend Amount*: 2019
* on $100,000 investment
| Projected Annual Return*: | $9,000 |
| Quarterly Dividend Amount*: | 2019 |
- Q1$1,125
- Q2$1,125
# Q1 was prorated preferred returns based on closing.
* on $100,000 investment
| Projected Annual Return*: | $9,000 |
| Annual Disbursements Paid*: | $4,500 |
| Quarterly Dividend Amount*: | 2018 |
- Q1$1,125
- Q2$1,125
- Q3$1,125
- Q4$1,125
# Q1 was prorated preferred returns based on closing.
* on $100,000 investment
| Projected Annual Return*: | $9,000 |
| Annual Disbursements Paid*: | $2,250 |
| Quarterly Dividend Amount*: | 2017 |
- Q3$1,125
- Q4$1,125
* on $100,000 investment
| Projected Annual Return*: | $0 |
| Annual Disbursements Paid*: | $0 |
| Quarterly Dividend Amount*: | 2016 |
* on $100,000 investment:
Projected Annual Return*: $9,000
Financial Data
Close Date: 01-Jan-2016
Exit Date: 21 Nov 2019
Purchase Price + Cap Ex: $3,072,600
Raise Amount: $1,000,000
Minimum Investment: $50,000
Projected Hold Period: 7 Years
Actual Hold Period: 3.7 Years
Preferred Return: 9 %
Projected Avg Annual Return: 21.80 %
Actual Avg Annual Return: 47.6 %
Projected IRR: 16.30 %
Actual IRR: 29.4 %
Loan Amount: $2,510,000
Loan Rate: 4.75 %
Property Facts
Property Type: 35 Single Story Duplexes & 4 lots
Year Built: 1960
Building Size: 1,352 Sqft
Lot Size: 47,420 Acres
Number of Buildings: 35
Number of Tenants: 70