🎯 Quantitative Model Catalysts & Score Factors (Tier 3: Neutral / Watchlist):🏷️ 7.3% OFF OFFERING

•💎 Model NAV Discount: Trading at a +13.9% discount to model-estimated asset value ($106,700 AVM estimate vs $91,878.02 token cap).
•🏷️ Secondary Market Discount: Token price is $40.69 (7.3% discount below initial offering price of $43.89).
•💰 Cash Flow & Yield: Historical net distribution rate of 8.41% annualized with 96.1% payout reliability (yields are variable and not guaranteed).
•📈 5-Year Return Forecast: 14.99% projected annual IRR model estimate with +19.0% mark-to-market HUD Fair Market Rent upside (forward-looking estimate, not guaranteed).
•📍 Submarket Driver: Located in Cleveland / Cuyahoga County (High landlord laws, 6.8/10 school rating, +2.4% YoY job growth).
•🏢 Property Manager: EquityTeam (Verified Partner, Cincinnati / Dayton / Cleveland, OH) managing 28 public properties.

💰 Income & Dividend Cash Flow

73/100

📈 Residential Capital Growth

70/100

🏷️ Model Valuation Spread

56/100

⚡ Secondary Market Order Book

⚡ SYNCHRONIZED

BEST ASK (BUY PRICE)

$40.69

Depth: Active Liquidity

BEST BID (SELL PRICE)

$24.00

Depth: 41 shares

Bid-Ask Spread:$1.22 (3.0%)

Par Discount vs $50:-7.3% (Discount)

🏢 Property Manager

🛡️ VERIFIED PARTNER

🏢

📍 Cincinnati / Dayton / Cleveland, OH • 28 Public Properties

Tech-enabled Midwest real estate asset management firm specializing in high-yielding SFR and small multi-family portfolios.

Registry ID: partner-equity-teamOfficial Site ↗

🐂 Institutional Bull Case

Stable tenant in place with 96.1% payout consistency and moderate rent upside (+19.04%).

🐻 Downside Risk Factors

Limited NAV cushion (+13.9%) leaves little margin for unexpected major maintenance.