SFR acquisitions

Investment Overview

6444 Westwood was acquired as part of the 29-property portfolio at a purchase price of $52,000. The original underwriting allocated $20,000 toward projected capital expenditures.

This was mostly for deferred maintenance work on the porch and steps; see photo from before the acquisition.

However, this is not a functionality issue, and the immediate costs are, for now, closing costs only ($1,100).

The property is currently generating $950 in monthly rent, providing stable income performance relative to its basis. The reduced renovation scope is, for now, contributing to improved operational efficiency and lower upfront capital deployment.

Property Overview

This 3BR single-family residence offers a practical layout suited for long-term tenancy and stable occupancy.

With minimal final capital expenditure required, the asset entered stabilization efficiently while maintaining reliable rental performance.

Location

Located within Detroit’s Warren community, the property benefits from access to a wide range of everyday retail, grocery, and dining conveniences that support long-term tenant appeal and neighborhood functionality.

Nearby access include:

• The Islamic Center of America
• Ever Fresh Market Halal
• Walmart Supercenter

All within under 10 minutes of driving distance. Warren has become a very popular destination due to its proximity to Dearborn.

Closing Perspective

6444 Westwood represents an efficient acquisition within the portfolio, supported by strong execution and stable in-place rental income.

The underwriting expected the property to net about 6% COC, however, due to the nature of the CapEx, we are, for the beginning year, seeing a much higher 10+% ROI for now.

Comparable Sales

6825 PLAINVIEW Avenue, Detroit, MI 48228-4940. 3Bd, 2ba, 928 sqft: Sold for $115,000.

6108 PIEDMONT Street, Detroit, MI 48228-3949. 2bd, 1ba, 852 sqft: Sold for $128,000.

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.

The asset contributes meaningful performance to the portfolio, with a projected 17% cash-on-cash return in year one following the rent adjustment (not adjusted for items such as tax hikes).

Property Overview

• Purchase Price: $52,000 (standardized from the portfolio purchase)
• Capital Expenditure Planned:$5,000
• Total Basis: $53,510
• Original Rent:$625/month
• Current Rent:$1,525/month
• Square Footage: 938~ sq ft
• Bedrooms / Bathrooms: 2 bed / 1 bath
• Construction:Brick

Neighborhood Analysis

• Located in Detroit’s Eden Gardens area, right across from East English Village and Grosse Pointe
• Situated along the I-95 corridor with easy freeway access
• 5-minute drive to Tim Hortons along East Warren Avenue
• 6-minute drive to Grace Supermarket
• Directly across from the family-friendly Chandler Park

Comparable Sales

Our realtors’ comparable sales list shows:

1. 14274 KILBOURNE Street, Detroit, MI 48213-1566 — sold for $49,500

Property values in this area remain in flux as of 2025–2026, and the team has assigned a conservative valuation accordingly; further supported by the fact that the current tenant has lived in the property for 8 years. While the market corrects itself, the fund holds an extremely high cash-flowing asset with solid bones.

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.

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, acquired on August 15, 2025, with $10,000 allocated toward capital expenditures. After closing costs, the basis for the property started at $53,510.