Rhino Valuation Lab
See what the assumptions do to value.
A transparent mobile home park sensitivity model for current NOI, capitalization rates, rent upside, and known capital needs. Change the inputs. Watch the economics move.
Inputs
Normalized NOI
$154,440
Gross $257,400 less $102,960 expenses
As-is indicated value
$2,059,200
NOI ÷ 7.50% cap
After known capital needs
$1,934,200
As-is value less $125,000
Illustrative stabilized value
$2,260,800
Assumes full rent gap capture; execution not guaranteed
Visual sensitivity
Value moves because assumptions move.
As-is value$2,059,200
After known capital needs$1,934,200
Illustrative stabilized value$2,260,800
At 7.00% cap
$2,206,286
At 7.50% cap
$2,059,200
At 8.00% cap
$1,930,500
What the model reveals
A rent gap is not the same thing as captured NOI.
The model shows an illustrative rent-upside opportunity of $25,200 in annual gross income. That does not mean a buyer should pay today for the full future value. Timing, collections, turnover, resident impact, market verification, and expense leakage all affect the result.
Next question
What could make this number wrong?
Utilities, capital needs, tax changes, permit status, home titles, occupancy quality, delinquency, financing, and the cap-rate environment can matter more than a clean rent-upside story.
Read the methodology
