SINGLE FAMILY HOME PORTFOLIO

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Laurence Sims
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Advisor 480.425.5536 jonathan.eckerd@svn.

1 SINGLE FAMILY HOME PORTFOLIO TEMPE, ARIZONA Jonathan Eckerd Associate Advisor Justin Horwitz Senior Advisor Paul Borgesen III Advisor

2 Property Summary OFFERING SUMMAR SUMMARY Y Sale Price: Number Of Homes: PROPER PROPERT TY HIGHLIGHTS $1,900,000 7 Priced to Sell Below Market Rents w/ Tenants in Place Strong Residential Rental Market Cap Rate: 6.46% Upgraded Kitchens in Multiple Homes NOI: Market: Submarket: $122,688 Phoenix Tempe/Chandler All Well Located Properties in SE Valley Close Proximity to Arizona State University Convenient Acccess from US 60, Loop 101, 202, and I-10 Fwys. SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 2

Property Description PROPER PROPERT TY O OVER VERVIEW VIEW SVN is proud to present this investment portfolio consisting of seven single family homes.

LOC OCA ATION O OVER VERVIEW VIEW This single family residential portfolio is located in two of the strongest rental markets in the Phoenix MSA - Tempe and Chandler.

3 Property Description PROPER PROPERT TY O OVER VERVIEW VIEW SVN is proud to present this investment portfolio consisting of seven single family homes. All properties currently have tenants in place and with mostly below market rents. There is opportunity for an investor to drive higher rental income and immediately increase its cash flows. LOC OCA ATION O OVER VERVIEW VIEW This single family residential portfolio is located in two of the strongest rental markets in the Phoenix MSA - Tempe and Chandler. The vast majority of the homes within this portfolio are in Tempe which is home to Arizona State University and has seen home values rapidly increase with the expansion of the campus and development within the submarket. The remaining property is situated in Chandler near Chandler Fashion Mall. Both submarkets offer highly desirable demographics, good neighborhood retail amenities, and convenient access to multiple freeways including the US 60, Loop 101, Loop 202, and I-10. Major area employers include Intel, Honeywell, Avnet, Statefarm, SRP, and a number of others as the Price Corridor continues its rapid expansion within the tech sector. SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 3

4 Location Map SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 4

City Information TEMPE, ARIZONA Tempe has a distinct identity as an emerging destination city, replete with all the offerings of a city rich in economics, technology, culture, tourism and educational

5 City Information TEMPE, ARIZONA Tempe has a distinct identity as an emerging destination city, replete with all the offerings of a city rich in economics, technology, culture, tourism and educational resources. Tempe offers a blend of quality new developments, revitalization and redevelopment, prestigious institutions such as Arizona State University, and celebrated traditions. Its focus on knowledge-based business is reflected in that goal of being "the smart place to be." The city claims more than 300 tech-based firms and more high-tech workers than any other city in Arizona. Tempe brings it all together bright Arizona sun, rewarding places to work, diverse cultures, a myriad of recreational opportunities, the best in entertainment and an unparalleled Southwestern lifestyle. Tempe is the place to live, learn, work and play! TOP TEMPE EMPLOYERS COMPANY # of EMPLOYEES TEMPE, AZ HIGHLIGHTS With 182,498 people Tempe is the 8th most populated city in Arizona Arizona State University: 8,818 Wells Fargo: 3,553 State Farm: 3,082 US Airways: 2,537 Salt River Project (SRP): 2,236 ABM Industries: 2,000 Enrollment of 51,600 students at Arizona State University Tempe campus 61% of the Tempe Population are renters with 42.6% renting single-family homes Number of Employees in Tempe exceeds 93,000 people, growing at 3.88% The Watermark Development at Tempe Town Lake will add over 35,000 employees Opus Partners delivering a dynamic mixed-use project including 31,000 SF. of retail space Novus Innovation Corridor in the heart of Tempe provides a future-forward urban environment SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 5

6 Portfolio Photos 3204 S Nu Vista Ln 1250 W Malibu Dr 3892 W Cindy St SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 6

7 Portfolio Photos 4428 S La Corta Dr 6 E Cairo Dr 1619 E Campus Dr 1803 E Loma Vista Dr SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 7

8 Rent Roll UNIT NUMBER UNIT BED UNIT BATH UNIT SIZE (SF) LEASE START LEASE END MARKET RENT CURRENT RENT 6 E Cairo Dr 4 2 2,200 7/10/17 6/19/18 $1,875 $1, E Campus Dr 5 2 2,100 7/17/17 6/03/18 $2,300 $2, W Cindy St 3 2 1,339 6/27/16 6/26/18 $1,400 $1, S Nu Vista Ln 5 2 1,665 7/19/17 5/21/18 $2,220 $1, W Malibu Dr 2 1 1,014 2/25/17 2/19/18 $1,220 $1, E Loma Vista Dr 5 2 2,200 7/07/17 6/11/18 $2,400 $2, S La Corta Dr 4 2 1,956 7/17/17 5/15/18 $2,095 $1,995 Totals/Averages 12,474 $13,510 $12,465 SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 8

9 Income & Expenses INCOME SUMMARY ACTUALS PROFORMAORMA Total Rental Income $149,580 $162,119 Maintenance Fee (Yard & Pool) $1,800 $4,980 Gross Income $151,380 $167,099 EXPENSE SUMMARY ACTUALS PROFORMAORMA 6 E Cairo Dr- Property Tax $1,634 $1,634 6 E Cairo Dr- Insurance $535 $ E Campus- Property Tax $1,806 $1, E Campus- Insurance $462 $ W Cindy St- Property Tax $1,378 $1, W Cindy St- Insurance $410 $ S Nu Vista Ln- Property Tax $1,795 $1, S Nu Vista Ln- Insurance $617 $ W Malibu Dr- Property Tax $1,135 $1, W Malibu Dr- Insurance $319 $ E Loma Vista Dr- Property Tax $1,985 $1, E Loma Vista Dr- Insurance $566 $ S La Corta Dr- Property Tax $2,185 $2, S La Corta Dr- Insurance $485 $485 Maintenance Fee (Yard & Pool) $4,980 $4,980 Management Fee $0 $8,355 Maintenance Reserve $8,400 $8,400 Gross Expenses $28,692 $37,047 Net t Operating Income $122,688 $130, SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 9

10 Financial Summary INVESTMENT OVERVIEWVIEW ACTUALS PROFORMAORMA Price $1,900,000 $1,900,000 Price per Unit $271,428 $271,428 GRM CAP Rate 6.5% 6.8% Cash-on-Cash Return (yr 1) 5.88 % 6.85 % Total Return (yr 1) $69,063 $76,427 Debt Coverage Ratio OPERATING DATA ACTUALS PROFORMAORMA Gross Scheduled Income $151,380 $167,100 Other Income - - Total Scheduled Income $151,380 $167,100 Vacancy Cost $7,704 $8,355 Gross Income $151,380 $167,099 Operating Expenses $28,692 $37,047 Net Operating Income $122,688 $130,052 Pre-Tax Cash Flow $44,696 $52,060 FINANCING-60%LTV,, 4.75% INT,, 25 YR AMORT ACTUALS PROFORMAORMA Down Payment $760,000 $760,000 Loan Amount $1,140,000 $1,140,000 Debt Service $77,992 $77,992 Debt Service Monthly $6,499 $6,499 Principal Reduction (yr 1) $24,367 $24,367 SINGLE FAMILY HOME PORTFOLIO SINGLE FAMILY RESIDENTIAL PORTFOLIO, TEMPE, AZ SVN Desert Commercial Advisors Page 10

NNN LEASED INVESTMENT OR OWNER/USER OPPORTUNITY

NNN LEASED INVESTMENT OR OWNER/USER OPPORTUNITY 4244 N. 19TH AVENUE PHOENIX, AZ 85015 Jonathan Levy Advisor 480.425.5538 jonathan.levy@svn.com SVN DESERT COMMERCIAL ADVISORS 5343 N. 16TH STREET, SUITE