Acquisition #49 – 18/29 Pack: 13658 Capitol: From $700 Rent to $1,250 After Acquisition

SFR acquisitions, Uncategorized

Investment Overview

13658 Capitol was acquired as part of a 29-property portfolio where the price was $52,000 per door plus costs. Initial capital improvements on this property brought the total interim basis to approximately $62,160.

The property was purchased rented at $700 per month. Following acquisition, rent was increased to $1,250 per month. Taking over property management of this asset with much potential improved the performance greatly.

Property Overview

13658 Capitol is a 3-bedroom, 1-bathroom single-family home with approximately 764 square feet of living space. The property has been given a CapEx of $20,000 at closing due to the need to attend to the roof issue, which is shown in the original photo from before the closing. This has not been conducted as of the date of publication of this article.

Location

The property is located in the Paveway area near the Jeffries Freeway (I-96).

Nearby amenities include:

  • Larry’s Market Inc, 4-minute drive
  • Food Giant, 6-minute drive
  • Superland Market, 7-minute drive
  • DMC Sinai-Grace Hospital, 9-minute drive

Comparable Sales

13650 Thornton Street, Detroit, MI 48227 sold for $111,000.

The comparable sales utilized are provided for reference only. They may differ from the subject property in condition, interior features, renovations, size, occupancy, and other characteristics. When the subject property is occupied, its interior condition and features may not be directly comparable to those of vacant properties. When the property is a value-add, the repair quote is a forward projection that may or may not apply. Any value indicated based on these comparable sales is a guidance and should not be considered a definitive valuation across time.

Disclaimer

This material is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities in Mutual Trust Management Advisors, LP. Any offering of securities is made only to verified accredited investors pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933. The financial projections, including estimated cash-on-cash returns and property valuations, are forward-looking statements based on current assumptions. These figures are not guarantees of future performance. Real estate investments involve inherent risks, including the potential loss of principal. Past performance is not indicative of future results.

Research Across 145 Years Shows Why Housing Should Remain an Integral Part of Your Portfolio

Investor Resources

 

Historical data show that when rental income is included, housing has achieved long-term returns competitive with equities, but with lower volatility. Because real estate performance depends heavily on execution, professionally managed vehicles may offer sophisticated investors a more practical way to access the asset class.

 

Some stock investors have begun to assume that housing lags behind public equities.

If you compare the recent growth of the S&P 500 against that of the S&P Cotality Case-Shiller Home Price Index from 2016 through 2026, it may feel as though real estate has no way of matching the meteoric rise of the stock market.

See the graph below from the Federal Reserve Bank of St. Louis’s data.

However, historical research shows that housing should be taken seriously as an important component of any investor’s long-term portfolio because of its potential to do just as well as the stock market over time.

This is because long-term portfolio construction is not simply a question of which asset class looked best over the last 10 years. Nor is it wise to extrapolate one decade of performance over the next 20 years.

With longer life expectancy, and earlier retirement planning that entails from it, many of us now will expect to stay invested in the market for half a century, or even more. The better question is whether an asset class contributes meaningfully to long-term return, income, volatility control, and diversification.

This article reviews the actual research on investment returns between equities and real estate across time to explore this topic.

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Acquisition #48 – 17/29 Pack: 13418 Kilbourne: Projecting 17% Cash-on-Cash in Year One

SFR acquisitions

Investment Summary

This property is part of the 29 Pack Portfolio purchased in the summer of 2025. The standard purchase price assigned is $52,000, with $5,000 allocated toward capital improvements, bringing the total basis for the asset to $53,510.

At acquisition, the property was rented for $625/month. It now generates $1,525 in monthly rent, representing a strong income profile relative to its entry basis. Our property managers are typically able to underwrite and reach an agreement with the tenant during the pre-purchase walk-through, an ability most landlords lack.

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