🎯 Quantitative Model Catalysts & Score Factors (Tier 4: Low Margin / High Valuation):🏷️ +9.9% NAV SPREAD

•💎 Model NAV Discount: Trading at a +9.9% discount to model-estimated asset value ($119,500 AVM estimate vs $107,629.34 token cap).
•⚖️ Secondary Par Pricing: Secondary tokens are trading near initial offering price ($44.80).
•💰 Cash Flow & Yield: Historical net distribution rate of 6.16% annualized with 99.1% payout reliability (yields are variable and not guaranteed).
•📈 5-Year Return Forecast: 11.95% projected annual IRR model estimate with +4.0% 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

60/100

📈 Residential Capital Growth

70/100

🏷️ Model Valuation Spread

28/100

⚡ Secondary Market Order Book

🟢 LIVE ORDER BOOK

BEST ASK (BUY PRICE)

$45.49

Depth: 219 shares

BEST BID (SELL PRICE)

$44.13

Depth: 124 shares

Bid-Ask Spread:$1.36 (3.0%)

Par Discount vs $50:+1.5% (Premium)

🏢 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

Prime neighborhood location in Cleveland / Cuyahoga County with defensive occupancy despite elevated entry pricing.

🐻 Downside Risk Factors

Elevated local property tax rate (1.55%) and compressed cap rate offer minimal buffer against rising insurance or maintenance costs.