SmartHelping / Real Estate / Excel
Mobile Home Park Financial Model
Plan the acquisition and operation of up to 40 mobile home parks on one 16-year timeline. Give each park its own purchase timing, rental assumptions, operating costs, debt, and refinancing plan.
Connect park-level cash flow to portfolio financial statements, funding needs, and investor returns, with an optional module for park-owned homes.
Includes both the full 40-park workbook and the 5-park lite workbook, with the same features.
Immediate download after purchase. By purchasing, you agree to the Terms of Service.
See the workbook in action
Explore the park forecast and model updates.
Start with the main walkthrough, then review the updates and the separate overview of the park-owned homes module.
Model updates and improvements
Updates include improved equity inputs and waterfalls, dynamic Sources & Uses, additional KPI charts, an option for GP fees, and integrated monthly and annual financial statements.
Park-level detail, portfolio-level visibility
Build each property around its own investment assumptions.
Add parks over time and review their individual results alongside the combined portfolio. The model supports acquisitions and developments within a shared 16-year forecast.
Acquisition and project costs
For each acquisition, use existing NOI and an entry cap rate to calculate the purchase price. Include construction or renovation costs and define purchase and operation start months.
Lot rent and rent growth
Set weighted average lot rent, initial annual rent growth for years 2–4, and stabilized annual rent growth for year 5 onward.
Occupancy improvement
Define maximum unit count, initial occupancy, average monthly occupancy improvement, and maximum stabilized occupancy for each property.
Operating expenses and other income
Use 17 operating-expense slots per property, annual expense growth assumptions, and other income to build the operating forecast.
Property-specific debt and refinancing
Model initial loans, interest-only periods, and refinancing by property. Use loan-to-value or loan-to-cost assumptions, or select no debt for an all-equity investment.
Sources & Uses and equity funding
Review the dynamic Sources & Uses summary and equity injection inputs to understand how project costs are funded.
Investor and sponsor waterfalls
Review three waterfall options for LP and GP contributions and distributions, with an option for GP fees. A single equity owner can use 100% contribution and distribution settings.
Integrated financial statements
Review monthly and annual Income Statements, Balance Sheets, and Cash Flow Statements with integrated depreciation logic.
Individual park and aggregate results
Use the MHP detail report to compare key financial line items for each park and across the entire portfolio.
Returns and KPI charts
Review IRR and equity multiple summaries, project visuals, KPI charts, and cash-flow waterfall outputs.
Optional park-owned homes module
Plan home purchases, rental timing, and sales proceeds.
For each park, define when park-owned homes are purchased, the number of homes and total cost, the delay before rent starts, rent increases, and sales proceeds. The module connects to the relevant financial reports; zero out these inputs if you do not need it.
Two workbook sizes, one purchase
Choose the capacity that fits your investment plan.
The full workbook supports up to 40 parks. The lite workbook provides five park slots with the same features in a smaller file. Both versions are included in the $99 purchase.
Use only the property slots you need and zero out unused rows. Edit the designated input cells, which use blue text and yellow shading.
Build your investment forecast
Connect property assumptions to funding and returns.
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Set the acquisition or development plan
Choose the workbook size and define each property's purchase timing, operating start, acquisition assumptions, and construction or renovation costs.
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Build rent, occupancy, and costs
Enter lot rents, rent growth, occupancy improvement, expense assumptions, and other income. Add park-owned homes where applicable.
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Define debt and equity funding
Set each property's debt, interest-only period, and refinancing assumptions, then review Sources & Uses, equity inputs, and the investor/sponsor structure.
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Review individual and portfolio results
Compare park-level cash flow with the combined financial statements, charts, IRR, equity multiple, and waterfall outputs.
Also included in these collections
Explore the bundles that include this model.
The Mobile Home Park Financial Model is included in both the Real Estate and Industry-Specific Financial Models Bundles.
Real Estate Financial Models Bundle
Explore financial models for property acquisitions, development, operations, debt, refinancing, and investor returns.
Explore the bundle →Industry-Specific Financial Models Bundle
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View template details →Real Estate Brokerage Financial Model
Forecast deal volume, agent productivity, commissions, operating costs, financial statements, and investment returns over up to ten years.
View template details →Financing and investor distributions
Explore debt structures and cash-flow waterfalls.
Review separate seller-financing and waterfall templates, along with the broader lending-model collection.
Cash Flow Waterfall: Three IRR Hurdles
Allocate investment cash flow between limited and general partners using three IRR hurdles and review partner-level DCF and NPV results.
View template details →Lending & Credit Financial Models Bundle
Explore models for loan origination, amortization, portfolio cash flow, credit facilities, lending platforms, and investor returns.
Explore the collection →Seller Financing Financial Model & Tax Calculator
Model buying an asset and reselling it with seller financing, including repayment schedules, seller cash flow, IRR, and estimated tax effects.
View template details →IRR Waterfall with GP Catch-up
Allocate annual LP and GP cash flow through three IRR hurdles and an optional GP catch-up, with separate partner return analysis.
View template details →Preferred Equity Model with Common Equity Waterfall
Model preferred distributions, capital repayment, an optional profit kicker, and a subordinate common-equity waterfall over up to ten years.
View template details →Preferred Return Model
Model investor preferred returns and sponsor profit sharing, with configurable unpaid-return accrual and participant return metrics over up to ten years.
View template details →Seller Financing Portfolio Model
Test a portfolio acquisition using seller financing and refinancing proceeds, including both loans' debt service, rental cash flow, and coverage ratios.
View template details →Supporting planning and reporting tools
Test assumptions and organize the financial detail.
Explore calculators and tracking tools for returns, depreciation, expenses, financial statements, and real estate transaction tasks.
Financial Statement Generator
Turn transaction entries into monthly, quarterly, and annual financial statements using accrual- or cash-basis accounting.
View template details →Expense Tracker
Organize spending into up to 250 categories and compare three years of monthly and annual expense reports with budget.
View template details →IRR Target Investment Analysis
Calculate the final distribution required to reach a target IRR after capital contributions and interim distributions over up to fifteen years.
View template details →Real Estate IRR Sensitivity Template
Test how vacancy, exit cap rate, leverage, and interest rates affect real estate IRR alongside monthly and annual cash flow.
View template details →Real Estate Flipping Calculator
Connect purchase costs, unit-level renovation budgets, financing, and resale value to pre-tax profit, ROI, and equity multiple.
View template details →Real Estate Checklist Template
Organize transaction tasks across five editable buyer, seller, agent, and document checklists, with notes and completion tracking in Google Sheets.
View template details →Rental Property ROI Calculator
Analyze a single rental property for up to thirty years, comparing financed and all-cash returns, cash flow, and purchase-price sensitivity.
View template details →Cost Segregation Study Template
Compare baseline and cost-segregation depreciation schedules, estimated first-year tax savings, and present-value benefits in Google Sheets.
View template details →Common questions
Before you build your park investment plan.
How many parks can I model?
The full version supports up to 40 parks on one timeline. The lite version supports up to five parks and includes the same features. Both workbooks are included.
How long is the forecast?
The model covers 16 years, with monthly and annual financial statements. Properties can be added over time using their individual purchase and operation start months.
Can each property have different financing?
Yes. Each property has its own initial loan and refinancing assumptions, including interest-only options. You can also choose an all-equity investment by selecting no debt.
Can I model park-owned homes?
Yes. The optional module includes purchase timing, home count and total cost, the delay before rent begins, rent increases, and sales proceeds. It is integrated into the relevant financial reports.
Does the model support a single owner or a joint venture?
Both. There are three waterfall options for splitting contributions and distributions between an investor and sponsor. A single owner can be assigned 100% of contributions and distributions.
Can the assumptions be adapted to other rental properties?
The model can also accommodate general multifamily acquisitions or developments where the unit-based rent, occupancy, expense, and financing inputs fit the property.
Which cells should I edit?
Edit the designated inputs with blue text and yellow shading. Zero out unused property slots and the park-owned homes module when they are not needed.
When can I download the workbooks?
Both Excel versions are available to download immediately after purchase.
Plan your next park investment
See each park's cash flow and the portfolio it creates.
Connect acquisition timing, lot rents, occupancy, financing, and investor distributions in one model. Need a tailored build? Contact Jason.
