Underwriting & offer tiers
One page from the broker's numbers to a decision. Punch in the rent roll basics and get NOI, the going-in cap, DSCR, and cash-on-cash, then three seller-finance offers that trade down payment against monthly payment. Ready to drop into an LOI.
The park
Optional
Optional
Income & expenses
Laundry, storage, late fees, POH rent
Economic loss beyond empty pads
Opex / income. MHP ~40%, RV higher.
Overrides the ratio if you have it
Financing (for the screen)
Sets DSCR and cash-on-cash on the in-place numbers. The three offer tiers below use their own structures.
In-place underwriting
Enter the asking price, pad count, and average lot rent to underwrite the deal.
A one-page screen on the numbers you were given. A deal that pencils here still earns a full underwrite against actual bank statements, tax returns, and a real rent roll before you wire anything.