ParkMarket

Deal Analyzer

Screen a deal in a minute

Enter the basics from a listing or broker call. You get the key metrics and a plain checklist of what looks strong, where the upside is, and what to dig into.

The deal

Price & income

Operating expenses as a share of income

Property

Homes the park owns and rents or sells

Water & sewer

Screening score

Strong first screen

Starts at 50 and moves with each signal below.

Cap rate

7.24%

On asking, at current occupancy

Price per site

$38,710

Est. NOI

$173,873

Lot rent less expense ratio

POH share

15%

11 vacant sites

Strengths, upside & risks

  • Strength: City water and sewer+5

    Municipal utilities generally mean fewer infrastructure surprises and easier financing.

  • Strength: Seller financing offered+10

    Can reduce cash needed, speed up closing and signal seller confidence. Review the rate, term and balloon carefully.

  • Upside: 11 vacant sites to fill+5

    Filling to 95% at today's rent would lift the cap rate on asking to about 8.4%. Budget for the cost and time of bringing in homes.

  • Check: Cap rate of 7.2%±0

    Between 6% and 8%. Pricing depends heavily on market, utilities and rent upside.

  • Check: Some park-owned homes (14.5%)±0

    Review the condition, rents and title status of each park-owned home.

Quick math

Occupied sites
51
Annual lot income
$289,788
Estimated NOI
$173,873
NOI at 95% occupancy
$201,438
Cap rate at that occupancy
8.39%

A rough first screen, not advice. The score uses simple thresholds chosen for this tool, not industry standards, and only the numbers you enter. A low score can still be a great deal for the right buyer, and a high score does not replace due diligence, an appraisal or professional advice.

How the score works

Every deal starts at 50. Each signal adds or subtracts a fixed number of points, capped between 0 and 100. 70+ reads as a strong first screen, 50 to 69 is worth a closer look, and under 50 means proceed carefully.

SignalRulePoints
Cap rate on asking8% or higher is a strength; under 6% is a risk+10 / −10
Occupancy90%+ is stabilized; under 70% is a risk+10 / −10
Vacant sitesBelow 90% occupancy, fill-up to 95% is shown as upside+5
Park-owned homesUnder 10% of sites is a strength; over 30% is a risk+10 / −10
UtilitiesCity water & sewer vs. well & septic vs. mixed+5 / −10 / −5
AgeUnder 25 years is a strength; over 50 years is a risk+5 / −5
Expense ratioUnder 30% gets a "verify" flag; over 50% is a risk−5 / −5
SizeUnder 30 sites gets a financing note−5
Seller financingOffered by the seller+10