🎯 Quantitative Model Catalysts & Score Factors (Tier 3: Neutral / Watchlist):🏷️ 12.6% OFF OFFERING

•💎 Model NAV Discount: Trading at a +17.6% discount to model-estimated asset value ($133,600 AVM estimate vs $110,157.94 token cap).
•🏷️ Secondary Market Discount: Token price is $42.73 (12.6% discount below initial offering price of $48.88).
•💰 Cash Flow & Yield: Historical net distribution rate of 3.91% annualized with 97.4% payout reliability (yields are variable and not guaranteed).
•📈 5-Year Return Forecast: 13.02% projected annual IRR model estimate with +9.0% mark-to-market HUD Fair Market Rent upside (forward-looking estimate, not guaranteed).
•📍 Submarket Driver: Located in Jacksonville / Tampa (High landlord laws, 7.5/10 school rating, +4.2% YoY job growth).
•🏢 Property Manager: Travli Hospitality (Verified Partner, Tampa / Orlando, FL) managing 9 public properties.

💰 Income & Dividend Cash Flow

44/100

📈 Residential Capital Growth

90/100

🏷️ Model Valuation Spread

58/100

⚡ Secondary Market Order Book

⚡ SYNCHRONIZED

BEST ASK (BUY PRICE)

$42.73

Depth: Active Liquidity

BEST BID (SELL PRICE)

$41.45

Depth: Active Depth

Bid-Ask Spread:$1.28 (3.0%)

Par Discount vs $50:-12.6% (Discount)

🏢 Property Manager

🛡️ VERIFIED PARTNER

🏢

📍 Tampa / Orlando, FL • 9 Public Properties

Short-term and mid-term hybrid residential property manager maximizing occupancy and daily rate yield.

Registry ID: partner-travli-hospitalityOfficial Site ↗

🐂 Institutional Bull Case

Stable tenant in place with 97.4% payout consistency and moderate rent upside (+9.03%).

🐻 Downside Risk Factors

Limited NAV cushion (+17.6%) leaves little margin for unexpected major maintenance.

Currently the primary featured listing in Jacksonville.