This report provides an in-depth Sample Report

RENTAL ANALYSIS

1234 NE 6th Ave Apt B Portland, OR 97217

RENTAL BENCHMARKS

This report provides an in-depth comparison of 1234 NE 6th Ave Apt B Portland, OR 97217 and other properties in the area. This report gives you valuable insight for discerning investment property

analysis.

RENT ESTIMATE

$ 1,020

SUBJECT PROPERTY DETAILS

CONFIDENCE SCORE

79 %

EST PROPERTY VACANCY RATE

2.7 %

TYPE SINGLE-FAMILY

YEAR BUILT NOT FOUND

SQ/FT 550

SQ/FT LOT NOT FOUND

ple Report DAYS ON MARKET VS VACANCY IN COUNTY

BEDS 1

m BATHS a 1.0 S RADIUS SEARCHED

RENTAL SATURATION BENCHMARKS

2.0 mi.

# OF COMPS 61

GLA SQ/FT VS COMPS SMALLER THAN 82 %

Re port D a te : 11/08/2016 Ve rs ions : R24.A3

Estimates are based upon the subject property being in average condition and with average amenities. Property condition, amenities/upgrades/incentives & furnishings offered, preparation/cleaning time between tenants, marketing channels used to find tenants, and time of year for lease all play significant factors in the vacancy term. We provide rental data (including rental estimates) to you for your information purposes only. Such rental data

1

is based on limited data sets that may change at any time in our sole discretion. We do not have any obligation to keep the rental data up to date, nor do we make any representation or warranty of any kind, express or implied,

as to the completeness, accuracy, reliability, suitability or availability of such rental data or the underlying data sets. The rental data is not intended to constitute, and in fact does not constitute, financial, investment, tax or legal

advice. Any reliance on or other use of such rental data by you is at your sole risk. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law.

RENTAL ANALYSIS

COMPARABLE FOR-RENT PROPERTIES

1234 NE 6th Ave Apt B Portland, OR 97217

SQ/FT

Bed

Bath

Dist

A: 4134 N Michigan Ave Portland OR 97217

1,860

1

1.0

0.37 mi.

B: 4637 Ne Cleveland Ave Portland OR 97211

1,884

1

1.0

0.44 mi.

C: 430 N Failing St Portland OR 97227

950

1

1.0

0.59 mi.

D: 426 Ne Prescott St Portland OR 97211

2,308

1

1.0

0.71 mi.

E: 6519 N Vancouver Ave Portland OR 97217

675

1

1.0

0.85 mi.

F: 318 Ne Monroe St Portland OR 97212

530

1

1.0

1.11 mi.

G: 517 N Buffalo St Portland OR 97217 H: 6613 N Greeley Portland OR 97217

I: 2209 Ne 8th Ave Portland OR 97212 J: 1843 N Schofield St Portland OR 97217

400

1

1.0

1.16 mi.

t 700

1

1.0

1.32 mi.

r 1,672

1

1.0

1.63 mi.

ple Repo 800

1

1.0

1.69 mi.

Sam

Type

SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE

Rent

$ 1,390 $ 1,400 $ 1,295 $ 1,195 $ 1,045 $ 925 $ 900 $ 1,095 $ 990 $ 1,095

Estimates are based upon the subject property being in average condition and with average amenities. Property condition, amenities/upgrades/incentives & furnishings offered, preparation/cleaning time between tenants, marketing channels used to find tenants, and time of year for lease all play significant factors in the vacancy term. We provide rental data (including rental estimates) to you for your information purposes only. Such rental data

2

is based on limited data sets that may change at any time in our sole discretion. We do not have any obligation to keep the rental data up to date, nor do we make any representation or warranty of any kind, express or implied,

as to the completeness, accuracy, reliability, suitability or availability of such rental data or the underlying data sets. The rental data is not intended to constitute, and in fact does not constitute, financial, investment, tax or legal

advice. Any reliance on or other use of such rental data by you is at your sole risk. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law.

COUNTY RENT TRENDS BY BEDROOM & TYPE

1BD RENTAL TRENDS IN COUNTY

RENTAL ANALYSIS

1234 NE 6th Ave Apt B Portland, OR 97217 2BD RENTAL TRENDS IN COUNTY

t 3BD RENTAL TRENDS IN COUNTY

4BD RENTAL TRENDS IN COUNTY

ple Repor MEDIAN HOUSING RENTAL RATES IN PORTLAND, OR

TYPE

MEDIAN RENT

SECTION 8

m 1BD SINGLE-FAMILY in Portland

$ 1,271

$ 867

Sa 1BD MULTI-FAMILY in Portland

$ 1,265

$ 867

AVG SQFT 773 685

$/SQFT $ 1.64 $ 1.85

2BD SINGLE-FAMILY in Portland

$ 1,576

$ 1,026

1,078

$ 1.46

2BD MULTI-FAMILY in Portland

$ 1,428

$ 1,026

969

$ 1.47

3BD SINGLE-FAMILY in Portland

$ 1,882

$ 1,492

1,572

$ 1.20

3BD MULTI-FAMILY in Portland

$ 1,737

$ 1,492

1,461

$ 1.19

4BD SINGLE-FAMILY in Portland

$ 2,373

$ 1,791

2,223

$ 1.07

4BD MULTI-FAMILY in Portland

$ 2,329

$ 1,791

2,202

$ 1.06

Estimates are based upon the subject property being in average condition and with average amenities. Property condition, amenities/upgrades/incentives & furnishings offered, preparation/cleaning time between tenants, marketing channels used to find tenants, and time of year for lease all play significant factors in the vacancy term. We provide rental data (including rental estimates) to you for your information purposes only. Such rental data

3

is based on limited data sets that may change at any time in our sole discretion. We do not have any obligation to keep the rental data up to date, nor do we make any representation or warranty of any kind, express or implied,

as to the completeness, accuracy, reliability, suitability or availability of such rental data or the underlying data sets. The rental data is not intended to constitute, and in fact does not constitute, financial, investment, tax or legal

advice. Any reliance on or other use of such rental data by you is at your sole risk. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law.

RENTAL ANALYSIS

AREA GROSS YIELD & RENTAL TRENDS

1234 NE 6th Ave Apt B Portland, OR 97217

GROSS YIELD PERCENTAGES OF 10 NEAREST ZIP CODES

ZIP CODES

97217 97227 97211 97203 97210 97209 97212 98663 97204 97205

TYPE

Zip Code 97217 City of Portland County of Multnomah State of Oregon

GROSS YIELD %

MEDIAN RENT

5.72 %

$ 1,211

4.77 %

$ 955

5.62 %

$ 1,313

5.82 %

4.42 %

t 3.65 % r 5.19 % o 6.32 % p 4.61 % e 4.14 %

R RENTAL TREND SUMMARY

le 1 MONTH CHANGE

3 MONTH CHANGE

p$6

-$89

-$47

m-$44 Sa $2

-$26 -$19 $4

$ 1,075 $ 1,419 $ 1,494 $ 1,291 $ 742 $ 1,513 $ 1,032

12 MONTH CHANGE

$65 $54 -$1 $3

Data Sources

Rental comparables are collected from a national network of strategic resources that include but are not limited to: rental data aggregators, residential property managers, real estate investment enterprises, real estate technology providers and MLSs. We do not deploy screen-scrapers or bots to acquire protected or copyrighted data from the web. Our information is acquired in accordance with the resources terms of use and/or through licensed data-usage agreements.

Estimates are based upon the subject property being in average condition and with average amenities. Property condition, amenities/upgrades/incentives & furnishings offered, preparation/cleaning time between tenants, marketing channels used to find tenants, and time of year for lease all play significant factors in the vacancy term. We provide rental data (including rental estimates) to you for your information purposes only. Such rental data

4

is based on limited data sets that may change at any time in our sole discretion. We do not have any obligation to keep the rental data up to date, nor do we make any representation or warranty of any kind, express or implied,

as to the completeness, accuracy, reliability, suitability or availability of such rental data or the underlying data sets. The rental data is not intended to constitute, and in fact does not constitute, financial, investment, tax or legal

advice. Any reliance on or other use of such rental data by you is at your sole risk. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law.

RENTAL ANALYSIS

DATA DICTIONARY

1234 NE 6th Ave Apt B Portland, OR 97217

CENSUS COUNTY SATURATION

Estimated percentage of renter-occupied units versus owner-occupied units as reported by U.S. Census / American Community Survey within the geography searched. Census estimates rental saturation for 1-4 unit properties and rental saturation for 5+ unit properties. The most recent Census data is from at least 21 months ago.

CENSUS COUNTY VACANCY

Estimated vacancy rate as reported by U.S. Census / American Community Survey within the geography searched. The Census vacancy is a blended average of all property types (1-5+ units). The most recent Census data is from at least 21 months ago.

Predictor of the accuracy of the final Rent Estimate based on numerous factors,

CONFIDENCE SCORE

including location of the subject, its physical characteristics, neighborhood characteristics, market conditions, and the similarity of the comparable properties to the subject property.

rt Estimated percentage of renter-occupied units versus owner-occupied units within

CUSTOM COUNTY SATURATION the geography searched. We estimate rental saturation for single-family detached

o properties only.

ep CUSTOM COUNTY VACANCY

Estimated vacancy rate uses both public and proprietary information within the geography searched. Custom vacancy is for either single-family detached or multifamily depending on the report type.

R DAYS ON MARKET

Days on market measures the average number of days the property has been listed for rent in that geography.

le DAYS ON MARKET VS. VACANCY Left Y axis shows days on market represented by bars, the right Y axis and curve

p CHART IN COUNTY

line represent vacancy rate in the given county.

ESTIMATED PROPERTY VACANCY

Sam GROSS LIVING AREA (GLA)

The Estimated Property Vacancy is built from our proprietary aggregated analysis of geographic and property specific trends in each subject property's local area.

Gross Living Area (GLA) is the total area of finished, above-grade residential space. It is calculated by measuring the outside perimeter of the structure and includes only finished, habitable, above-grade living space. Finished basements and unfinished attic areas are not included in total gorss living area.

GROSS YIELD

Gross yield is calculated by dividing the total annual projected gross income by the total property price. Gross yield = gross income / total property price.

GROSS YIELD BY COUNTY MAP

Heat map detailing average gross yield for each zip code in the subject property's county.

Estimates are based upon the subject property being in average condition and with average amenities. Property condition, amenities/upgrades/incentives & furnishings offered, preparation/cleaning time between tenants, marketing channels used to find tenants, and time of year for lease all play significant factors in the vacancy term. We provide rental data (including rental estimates) to you for your information purposes only. Such rental data

5

is based on limited data sets that may change at any time in our sole discretion. We do not have any obligation to keep the rental data up to date, nor do we make any representation or warranty of any kind, express or implied,

as to the completeness, accuracy, reliability, suitability or availability of such rental data or the underlying data sets. The rental data is not intended to constitute, and in fact does not constitute, financial, investment, tax or legal

advice. Any reliance on or other use of such rental data by you is at your sole risk. Any unauthorized use, duplication, redistribution or disclosure is prohibited by law.

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