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The information contained in the following offering memorandum is proprietary and strictly confidential It is intended to bereviewed only by the party receiving it from My Harvard Apartment and it should not be made available to any other person orentity without the written consent of My Harvard Apartment

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum If you have no interest in the subject property please promptly return this offering memorandum to My HarvardApartment This offering memorandum has been prepared to provide summary unverified financial and physical information toprospective purchasers and to establish only a preliminary level of interest in the subject property

The information contained herein is not a substitute for a thorough due diligence investigation My Harvard Apartment has notmade any investigation and makes no warranty or representation with respect to the income or expenses for the subject propertythe future projected financial performance of the property the size and square footage of the property and improvements thepresence or absence of contaminating substances PCBs or asbestos the compliance with local state and federal regulations thephysical condition of the improvements thereon or financial condition or business prospects of any tenant or any tenantrsquos plans orintentions to continue its occupancy of the subject property

The information contained in this offering memorandum has been obtained from sources we believe reliable however My HarvardApartment has not verified and will not verify any of the information contained herein nor has My Harvard Apartment conductedany investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy orcompleteness of the information provided All potential buyers must take appropriate measures to verify all of the information setforth herein Prospective buyers shall be responsible for their costs and expenses of investigating the subject property

The Chandler Portfolio Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLYPLEASE CONTACT MY HARVARD APARTMENT FOR MORE DETAILSCopyright copy 2019 CREOP LLC All Rights Reserved

11 Units | 4 Buildings | 1 Buildable Lot | High Performing - Income Producing - Rapid Development

GPI $220k | Cap 622 | Cash-Cow High Performing - Income Producing - Rapid Development

Chandler Portfolio | Aerial Image PAGE13

The information contained in the following offering memorandum is proprietary and strictly confidential It is intended to bereviewed only by the party receiving it from My Harvard Apartment and it should not be made available to any other person orentity without the written consent of My Harvard Apartment

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum If you have no interest in the subject property please promptly return this offering memorandum to My HarvardApartment This offering memorandum has been prepared to provide summary unverified financial and physical information toprospective purchasers and to establish only a preliminary level of interest in the subject property

The information contained herein is not a substitute for a thorough due diligence investigation My Harvard Apartment has notmade any investigation and makes no warranty or representation with respect to the income or expenses for the subject propertythe future projected financial performance of the property the size and square footage of the property and improvements thepresence or absence of contaminating substances PCBs or asbestos the compliance with local state and federal regulations thephysical condition of the improvements thereon or financial condition or business prospects of any tenant or any tenantrsquos plans orintentions to continue its occupancy of the subject property

The information contained in this offering memorandum has been obtained from sources we believe reliable however My HarvardApartment has not verified and will not verify any of the information contained herein nor has My Harvard Apartment conductedany investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy orcompleteness of the information provided All potential buyers must take appropriate measures to verify all of the information setforth herein Prospective buyers shall be responsible for their costs and expenses of investigating the subject property

The Chandler Portfolio Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLYPLEASE CONTACT MY HARVARD APARTMENT FOR MORE DETAILSCopyright copy 2019 CREOP LLC All Rights Reserved

11 Units | 4 Buildings | 1 Buildable Lot | High Performing - Income Producing - Rapid Development

GPI $220k | Cap 622 | Cash-Cow High Performing - Income Producing - Rapid Development

Chandler Portfolio | Aerial Image PAGE13

11 Units | 4 Buildings | 1 Buildable Lot | High Performing - Income Producing - Rapid Development

GPI $220k | Cap 622 | Cash-Cow High Performing - Income Producing - Rapid Development

Chandler Portfolio | Aerial Image PAGE13

GPI $220k | Cap 622 | Cash-Cow High Performing - Income Producing - Rapid Development

Chandler Portfolio | Aerial Image PAGE13

Chandler Portfolio | Aerial Image PAGE13

WORCESTERS ACCERERALTED DEVELOPMENT | Property Image PAGE14

PORTFOLIO DESCRIPTION

bull RARE OPPORTUNITY TO OWN FOUR HIGH-PERFORMING ADJOINING amp ABUTTING MULTI-FAMILY BUILDING(s) PLUS A CITY APPROVED BUILDABLE LOT This Package consists of FOUR Class-C Multifamily buildings (11) Units (1) Historic Three- Family with 3Beds 1Bath each unit (1) Spacious Three-Family with 2Beds 1Bath each unit (1) Upgraded Three-Family with 3beds 1bath each unit (1) Recently improved Two- Family with 7Beds 3Bath and a City Approved 5000 square foot buildable lot with watersewer pipes in place

bull This part of Worcester is UNDERGOING a period of RAPID EXPANSION Uniquely SITUATED BETWEEN 3 MEDICAL UNIVERSITIESHOSPITALS BLOCKS to NEW ABBVIEWUXI 107000 sqft BIORESEARCH EXPANSION FACILITY and recent world events have attracted BLUECHIP PREMIUM RENTERS SEEKING QUALITY APARTMENT CLOSE TO WORK

bull Eco-Friendly Local developers Sustainable Comfort have taken noticed and have been making significant capital improvements attracting BLUECHIP PREMIUM TENANTS SEEKING QUALITY APARTMENTS NEAR MEDICAL UNIVERSITIES HOSPITALS and BIOTECH FACILITIES Their tenants Pay $1800 for 3beds amp $1500 for 2 Beds

bull Currently grossing $123kyr and by CLASS A REHAB you can SUDDENLY ADD+$ 220000YEAR to YOUR PORTFOLIO BEST OPPORTUNITY to GAIN a FOOTHOLD in WORCESTERS MOST ACCELERATED NEIGHBORHO

bull

The C

handler Hill Portfolio | E

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orcester MA

PAGE 6

PORTFOLIO KEY TAKEAWAYS

The Chandler portfolio comprises 4 Class C 80 occupied multifamily buildings and a 5000 sq foot city approved buildable lot 11 units (1) Historical Three- Family with 3Beds 1Bath each unit and (1) Three-Family with 2Beds 1Bath each unit (1) Two- Family 7Beds 3Bath (1)Upgraded Three-Family 3beds 1bath each unit

bull All buildings are abutting and Adjoining ease ofmaintenance is KEY A GROSS POTENTIAL INCOME OF$208000 UNDER ONE UMBRELLA and includes a 5000square foot buildable lot (City approved buildupduplex)

bull As-is current annual gross income is $123400 vs awhopping gross potential income of $220000 w classA rehab

bull Investment includes a Historic Three Family that has aclean slate to perform rehab WITHOUT HistoricCommittee Approval (Ask for Details)

bull This package offers excellent income flexibility forfurther development and ease of maintenance all inone

bull

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE 9

Below Photos [ 12 Everard] [Vacant] [Recently Rehabbed] [Ready to Be Rented]

LOCATION amp DEMOGRAPHICS

This block of Worcester is undergoing RAPID EXPANSION

A stone throw away lies the 46Acre BIOTECH RESEARCH

SCIENCE PARK Where BIO Pharmacuatlacal Leaders

Wuxi amp Abbvie are in Phase 2 of the 107000 sqft state-

of-the-art BIO-RESEARCH facility of the future And Just

ANNOUNCED Galaxy Life Science $50 Million Bio-

Manufacturing Development COMPLEX

bull Walking Proximity to New Englands Top Rated

Hospitials Medical amp Pharmaceutical Universities

are seeing increasing demand for their services due

to recent world events

bull (7 min) Umass Memorial Medical Center 17(Min

Umass Medical School amp Hospital where essential

frontline medical workers IN THE HIGHEST

DEMAMD AND REALIZING increased wages

bull Off Rt 9 minutes to RT 290 WPI BIOMEDICAL

engineering Center grocery stores amp shopping

plazas

bull A few minutes walk to Green Hill amp Bell Pond

Union Station

The C

handler Hill Portfolio | E

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PAGE 10

Aerial Image PAGE12

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

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PAGE15

12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

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orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

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orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

PORTFOLIO DESCRIPTION

bull RARE OPPORTUNITY TO OWN FOUR HIGH-PERFORMING ADJOINING amp ABUTTING MULTI-FAMILY BUILDING(s) PLUS A CITY APPROVED BUILDABLE LOT This Package consists of FOUR Class-C Multifamily buildings (11) Units (1) Historic Three- Family with 3Beds 1Bath each unit (1) Spacious Three-Family with 2Beds 1Bath each unit (1) Upgraded Three-Family with 3beds 1bath each unit (1) Recently improved Two- Family with 7Beds 3Bath and a City Approved 5000 square foot buildable lot with watersewer pipes in place

bull This part of Worcester is UNDERGOING a period of RAPID EXPANSION Uniquely SITUATED BETWEEN 3 MEDICAL UNIVERSITIESHOSPITALS BLOCKS to NEW ABBVIEWUXI 107000 sqft BIORESEARCH EXPANSION FACILITY and recent world events have attracted BLUECHIP PREMIUM RENTERS SEEKING QUALITY APARTMENT CLOSE TO WORK

bull Eco-Friendly Local developers Sustainable Comfort have taken noticed and have been making significant capital improvements attracting BLUECHIP PREMIUM TENANTS SEEKING QUALITY APARTMENTS NEAR MEDICAL UNIVERSITIES HOSPITALS and BIOTECH FACILITIES Their tenants Pay $1800 for 3beds amp $1500 for 2 Beds

bull Currently grossing $123kyr and by CLASS A REHAB you can SUDDENLY ADD+$ 220000YEAR to YOUR PORTFOLIO BEST OPPORTUNITY to GAIN a FOOTHOLD in WORCESTERS MOST ACCELERATED NEIGHBORHO

bull

The C

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PORTFOLIO KEY TAKEAWAYS

The Chandler portfolio comprises 4 Class C 80 occupied multifamily buildings and a 5000 sq foot city approved buildable lot 11 units (1) Historical Three- Family with 3Beds 1Bath each unit and (1) Three-Family with 2Beds 1Bath each unit (1) Two- Family 7Beds 3Bath (1)Upgraded Three-Family 3beds 1bath each unit

bull All buildings are abutting and Adjoining ease ofmaintenance is KEY A GROSS POTENTIAL INCOME OF$208000 UNDER ONE UMBRELLA and includes a 5000square foot buildable lot (City approved buildupduplex)

bull As-is current annual gross income is $123400 vs awhopping gross potential income of $220000 w classA rehab

bull Investment includes a Historic Three Family that has aclean slate to perform rehab WITHOUT HistoricCommittee Approval (Ask for Details)

bull This package offers excellent income flexibility forfurther development and ease of maintenance all inone

bull

The C

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Below Photos [ 12 Everard] [Vacant] [Recently Rehabbed] [Ready to Be Rented]

LOCATION amp DEMOGRAPHICS

This block of Worcester is undergoing RAPID EXPANSION

A stone throw away lies the 46Acre BIOTECH RESEARCH

SCIENCE PARK Where BIO Pharmacuatlacal Leaders

Wuxi amp Abbvie are in Phase 2 of the 107000 sqft state-

of-the-art BIO-RESEARCH facility of the future And Just

ANNOUNCED Galaxy Life Science $50 Million Bio-

Manufacturing Development COMPLEX

bull Walking Proximity to New Englands Top Rated

Hospitials Medical amp Pharmaceutical Universities

are seeing increasing demand for their services due

to recent world events

bull (7 min) Umass Memorial Medical Center 17(Min

Umass Medical School amp Hospital where essential

frontline medical workers IN THE HIGHEST

DEMAMD AND REALIZING increased wages

bull Off Rt 9 minutes to RT 290 WPI BIOMEDICAL

engineering Center grocery stores amp shopping

plazas

bull A few minutes walk to Green Hill amp Bell Pond

Union Station

The C

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PAGE 10

Aerial Image PAGE12

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

PORTFOLIO KEY TAKEAWAYS

The Chandler portfolio comprises 4 Class C 80 occupied multifamily buildings and a 5000 sq foot city approved buildable lot 11 units (1) Historical Three- Family with 3Beds 1Bath each unit and (1) Three-Family with 2Beds 1Bath each unit (1) Two- Family 7Beds 3Bath (1)Upgraded Three-Family 3beds 1bath each unit

bull All buildings are abutting and Adjoining ease ofmaintenance is KEY A GROSS POTENTIAL INCOME OF$208000 UNDER ONE UMBRELLA and includes a 5000square foot buildable lot (City approved buildupduplex)

bull As-is current annual gross income is $123400 vs awhopping gross potential income of $220000 w classA rehab

bull Investment includes a Historic Three Family that has aclean slate to perform rehab WITHOUT HistoricCommittee Approval (Ask for Details)

bull This package offers excellent income flexibility forfurther development and ease of maintenance all inone

bull

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE 9

Below Photos [ 12 Everard] [Vacant] [Recently Rehabbed] [Ready to Be Rented]

LOCATION amp DEMOGRAPHICS

This block of Worcester is undergoing RAPID EXPANSION

A stone throw away lies the 46Acre BIOTECH RESEARCH

SCIENCE PARK Where BIO Pharmacuatlacal Leaders

Wuxi amp Abbvie are in Phase 2 of the 107000 sqft state-

of-the-art BIO-RESEARCH facility of the future And Just

ANNOUNCED Galaxy Life Science $50 Million Bio-

Manufacturing Development COMPLEX

bull Walking Proximity to New Englands Top Rated

Hospitials Medical amp Pharmaceutical Universities

are seeing increasing demand for their services due

to recent world events

bull (7 min) Umass Memorial Medical Center 17(Min

Umass Medical School amp Hospital where essential

frontline medical workers IN THE HIGHEST

DEMAMD AND REALIZING increased wages

bull Off Rt 9 minutes to RT 290 WPI BIOMEDICAL

engineering Center grocery stores amp shopping

plazas

bull A few minutes walk to Green Hill amp Bell Pond

Union Station

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE 10

Aerial Image PAGE12

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

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04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

LOCATION amp DEMOGRAPHICS

This block of Worcester is undergoing RAPID EXPANSION

A stone throw away lies the 46Acre BIOTECH RESEARCH

SCIENCE PARK Where BIO Pharmacuatlacal Leaders

Wuxi amp Abbvie are in Phase 2 of the 107000 sqft state-

of-the-art BIO-RESEARCH facility of the future And Just

ANNOUNCED Galaxy Life Science $50 Million Bio-

Manufacturing Development COMPLEX

bull Walking Proximity to New Englands Top Rated

Hospitials Medical amp Pharmaceutical Universities

are seeing increasing demand for their services due

to recent world events

bull (7 min) Umass Memorial Medical Center 17(Min

Umass Medical School amp Hospital where essential

frontline medical workers IN THE HIGHEST

DEMAMD AND REALIZING increased wages

bull Off Rt 9 minutes to RT 290 WPI BIOMEDICAL

engineering Center grocery stores amp shopping

plazas

bull A few minutes walk to Green Hill amp Bell Pond

Union Station

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE 10

Aerial Image PAGE12

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

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orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

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orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Aerial Image PAGE12

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

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orcester MA

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

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12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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orcester MA

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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orcester MA

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio | Aerial Image PAGE13

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

The Chandler Portfolio | Aerial Image PAGE 11

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

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orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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orcester MA

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

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DET

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Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Investment Summary | 05

OFFERING SUMMARYADDRESS 10-14 amp 56 Everard St | 7 amp 11 Stanton st

Worcester MA 01605

BUILDING SF 12889 SFNUMBER OF UNITS 11

FINANCIAL SUMMARYOFFERING PRICE $1500000PRICE PSF $11638PRICE PER UNIT $136364OCCUPANCY 82NOI (2020) $93360NOI (REHABBED 2021) $172560CAP RATE (2020) 622 CAP RATE (REHABBED 2021) 1150 GRM (2020) 1214GRM (REHABBED 2021) 740

PROPOSED FINANCINGCommercial LoanLOAN TYPE AmortizedDOWN PAYMENT $375000LOAN AMOUNT $1125000INTEREST RATE 500 LOAN TERMS 30ANNUAL DEBT SERVICE $56250LOAN TO VALUE 75

OF PARCELS 5ZONING TYPE RG-5BUILDING CLASS Multi-FamilyNUMBER OF BUILDINGS 4PARKING RATIO 11WASHERDRYER Hookups

UTILITIESWATER LandlordGAS TenantELECTRIC Tenant

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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orcester MA

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

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Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

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DET

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Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

S e l l i n g a g e n t ( s ) m a k e n o r e p r e s e n t a t i o n s a s t o t h e a c c u r a c y p r o v i d e d b y s e l l e r o f a n y i n f o r m a t i o n c o n t a i n e d h e r e i n B u y e r b u y e r a g e n t m u s t c o n d u c tt h e i r o w n d u e d i l i g e n c e B u y e r a n d B u y e r A g e n t t o v e r i f y a l l d e t a i l s a n d p e r f o r m d u e d i l i g e n c e

PORTFOLIO OVERVIEW | BUILDING CONDITION

Chandler Portfolio Overview Actual Rent Roll amp Pro-Forma

Property Address Units Sqft LEASE BedBath ParkingAcutual Annual

Gross Income

Actual 2019 Annual

ExpenseCurrent Annual Net Cash Flow

Market Annual Net Cash Flow

Market Gross Potential Income

1 7 Stanton StreetWorcester MA 3 3675 MTM 93 Yes $42000 $9790 $32210 $51410 $61200

2 11 Stanton StreetWorcester MA 3 2936 MTM 63 Yes $36000 $7440 $28560 $46538 $46800

3 12-14 EverardWorcester MA 2 3050 MTM 73 Yes $14400 $6338 $8062 $34462 $40800

4 56 EverardWorcester MA 3 3170 MTM 93 Yes $31200 $6672 $24528 $46560 $54000

TOTALS 11 $12831 $123600 $18603 $93360 $177960 $208200

AddressApproved Build-up

Lot Size Gross Potential Yearly Income Avg Condo Sale Price

10 Everard St 2 Units 5000 $4320000 $186Sqf ft

Property Address Roof Age HeatingPlumbing Meters Split Laundry Parking Additional Comments

1 7 Stanton StreetWorcester MA

Missing Shingles

Fair Condition

3x 30gall water heaters - 2011 Gas Fired Parlor Heaters amp

Gas Stoves Each Unit

Seperate LL Meter Tenant Paid in unit Coin-

op laundry4TANDEM

Historic Building City Will Allow ExteriorInterior Rehab

Bypassing Historic Committee - Building amp Units within could use

attention

2 11 Stanton StreetWorcester MA

Fair ConditionMissing Shingles

2x 50gal Geospring 2017 Waterheaters Appliances amp Heating Run on Tenants

Electric Meters each apartmentSeperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement4 TANDEM

Apartments can use cosmetic work to obtain market rent Large basement potential for maintenance office

3 12-14 EverardWorcester MA

Missing Shingles Gutter Displaced

Basement Needs Attention

1x- 30gal Water Heaters Dated 2015 1x - 50gal Water Heaters Dated Forced

Central Heating Unit for both UnitsSeperate LL Meter WD Hooksups Each Unit

OCCUPANTS USE 10 EVERARD LOT

Top Floor records +1900 Current use 3bds 1bth EZ 4bd 2bth potentiial w 3RD

FLOOR

4 56 EverardWorcester MA Fair Condition Unknown Seperate LL Meter

WD Hooksups Each Unit

Shared Coin-up Basement

1 TANDEM POSSIBLE 3 TANDEM

1st Floor Undergoing RehabdNew siding

COMMENTS

5 10 EverardWorcester MA Fair Condition

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton StSeller reports city approved buildable lot(Buyer to perform due dillegence

Chandler Portfolio Further Information for Investors

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 7

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

handler Hill Portfolio | E

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orcester MA

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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orcester MA

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Unit Mix Summary | 06

Actual MarketUnit Mix Units Square Feet Current Rent Rent PSF Monthly Income Market Rent Market Rent PSF Market Income

2 bd + 1 ba 3 1000 $1000 $100 $3000 $1300 $130 $39003 bd + 1 ba 2 1225 $1200 $098 $2400 $1600 $131 $32003 bd + 1 ba 1 1225 $1100 $090 $1100 $1500 - $1800 $135 $16503 bd + 1 ba 1 1119 $1500 - $1800 $147 $1650 $1500 - $1800 $147 $16504 bd + 2 ba 1 1900 $1200 $063 $1200 $1800 - $2000 $1 $19003 bd + 1 ba 1 1050 $1200 $114 $1200 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1400 $133 $1400 $1500 - $1700 $152 $16003 bd + 1 ba 1 1050 $1500 - $1700 $152 $1600 $1500 - $1700 $152 $1600

TotalsAverages 11 1168 $1294 $109 $13550 $1613 $137 $17100

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

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12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

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7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

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orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Income amp Expense Analysis | 14

INCOME 2019 REHABBED2021

Effective Gross Income $123600 $202800

Less Expenses $30240 $30240

Net Operating Income $93360 $172560

Annual Debt Service $56250 $56250

Debt Coverage Ratio 166 307

Cash Flow After Debt Service $37110 $116310

Principal Reduction $1 $1

Total Return 99 $37111 310 $116311

EXPENSES 2019 REHABBED2021

Real Estate Taxes $1230 $13535 $1230 $13535

Insurance $616 $6774 $616 $6774

Water Sewer $821 $9035 $821 $9035

Electric $81 $896 $81 $896

Total Operating Expense $2749 $30240 $2749 $30240

Annual Debt Service $5114 $56250 $5114 $56250

Expense SF $234 $234

of EGI 2447 1491

Per Unit Per Unit

Expense Notes Recorded Expenses are Actuals for 2019 |Does not include ManagementMarketing Admin amp General Maintenance Expenses |

REVENUE ALLOCATION2020

DISTRIBUTION OF EXPENSES2020

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

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orcester MA

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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orcester MA

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

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Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

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04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

12 EVERARD ST

SENSATIONAL OPPORTUNITY to INVEST in WORCESTERS most ACCELERATED NEIGHBORHOOD MASSIVE 7BED 3BATH TWO-FAMILY boasting NEWLY REHABBED vacant 1st-floor apartment Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION

Situated between 3 UMASS HOSPITALS amp MEDICAL UNIVERSITIES BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments

APT1 3Beds 1bath with stylish design choices such as reclaimed wood walls and expansive kitchen spaces making this more attractive to bluechip tenants or excellent for an owner-occupied investor having tenants pay the mortgage with supplemental income APT2 TAW Currently used as 3Bed 1bath and can be revived to 4bd 2bth

ALL THIS - PLUS ADJOINING CITY APPROVED BUILABLE LOT for DUPLEXwith city watersewer pipes installed Can be part of an abutting 3building investment package View MLS000

The C

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12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

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12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

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orcester MA

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56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

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orcester MA

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7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

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11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

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orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

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ASS

UM

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

12 Everard As-is Condition | Property Image PAGE17

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

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ASS

UM

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

12 Everard As-is Condition | Property Image PAGE18

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

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Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

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04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

12 Everard | Virtual Stage PAGE19

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

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CA

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

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Demographics DEM

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Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

12 Everard As-is Condition | Property Image PAGE18

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

PAGE16

12-14 EVERARD RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

BedBath Sqft LEASE Rent BedBath Sqft LEASE Rent31 1117 Vacant

Unit Number$0 Unit 1 31 1117 MTM $1600

Unit NumberUnit 1Unit 2 193042 MTM $1200 Unit 2 41 1930 MTM $1800

Totals 3047 $1200 Totals 3047 $3400

Rental Income Monthly Annual Rental Income Monthly Annual

2 Unit $1200 $14400 2 Unit $3400 $40800Gross Rental Income $1200 $14400 Gross Rental Income

VacancyCredit Loss 00 $0 $0 VacancyCredit Loss 00

$3400 $40800

$0 $0

Effective Gross Income $1200 $14400 Effective Gross Income $3400 $40800

Expenses (2 unit) Expenses (2 unit)$297 $3565 Property Tax $297 $3565$122 $1470 Property Insurance $122 $1470

$93 $1113 City WaterSewer $93 $1113

Property Tax Property Insurance City WaterSewer Common Electric $16 $190 Common Electric $16 $190Total Expense $528 $6338 Total Expense $528 $6338

Net Operating Income $672 $8062 Net Operating Income $2872 $34462

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

56 EVERARD ST

A Jaw-Dropping Well Maintained 3 Family represents a tremendous opportunity for the discerning investor First-time investment property investors will be happy to discover they can easily implement an owner-occupied strategy The area boasts easy access to 3 of New Englands Top Hospitals and Medical University Just off RT 9 Min to Interstate 290 and a stone throw to the 46 Acre BIOTECH Research Park Generous sized Apartments containing 3 Bedrooms 1 Bathroom on each floor

Floor 1 Currently vacant undergoing extensive rehab and will be Ready to Occupy a Premium Blue-chip Frontline Medical Tenant or Bio Industry Professional

Floor 2 Long-term MTM Tenant paying $1200 (Unit Could use Rehab

Floor 3 Recent Rehabbed unit occupying MTM tenant Paying $1400Month

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE15

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

56 Everard Unit 3 Occupied Rehabbed 2019 Property Images | 10

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

56 EVERARD INCOME amp EXPENSE 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Acutual Rent Unit Number BedBath Sqft LEASE Acutual Rent31 VAC 91 31 1050 Y31 1060 MTM 1060 Y

Unit 1Unit 2Unit 3 31 1060 MTM

$0 Unit 1$1200 Unit 2$1400 Unit 3

3131 1060 Y

$1500$1500$1500

Totals 2120 $2600 Totals 3170 $4500

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $2600 $31200 3 Unit $4500 $54000Gross Rental Income $2600 $31200 Gross Rental Income $4500 $54000

VacancyCredit Loss 0 $0 $0 VacancyCredit Loss 0 $0 $0

Effective Gross $2600 $31200 Effective Gross Income $4500 $54000

Expenses (3 unit) Expenses (3 unit)$189 $2271 Property Tax $302 $3620$155 $1854 Property Insurance $133 $1596$193 $2314 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $19 $232 Common Electric $22 $262Total Expense $556 $6672 Total Expense $620 $7440

Net Operating Income $24528 Net Operating Income $46560

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

7 STANTON STREET

HERES YOUR CHANCE TO OWN A SLICE OF HISTORY This HIGH-PERFORMING INCOME PRODUCING HISTORICAL 3-FAMILY is now Available in a RAPIDLY DEVELOPING area of Worcester

This 3 family contains 9 beds 3Bath units with WD mdashspacious bedrooms with large windows Gleaming hardwood floors stretched across the living areas The entire building has been well maintained and represents a tremendous value-added opportunity for the discerning investor Your current Gross rent $42000 with 50 upswing potential and a 10 CAP RATE

Developers have taken notice and have made significant capital improvements in this part of the City undergoing RAPID EXPANSION Situated between 3 UMASS HOSPITALMEDICAL SCHOOLS amp UNIVERSITY BLOCKS to ABBVIE 107000 sqft BIOTECH expansion facility where recent world events have triggered increasing renters demand for quality apartments Can be sold as a part of an attractive 3 building package that will quickly establish you in an area of Mass that is rapidly improvin

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE20

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

7 Stanton As-is Condition | Property Image PAGE22

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

7 Stanton As-is Condition | Property Image | Page 23

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

PAGE21

7 STANTON INCOME amp EXPENSE 2019

AS-IS Current Rents 2020 Market Rents 2021

Actual Rent Roll BedBath Sqft Lease Acutual Rent Actual Rent Roll BedBath Sqft Lease Market Rent31 1225 MTM 31 1225 Y $1700

1225 MTM 31 1225 $1700Unit 1Unit 2Unit 3

3131 1225 MTM

$1200 Unit 1$1200 Unit 2$1100 Unit 3 31 1225

YY $1700

Totals 3675 $3500 Totals 3675 $5100

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3500 $42000 3 Unit $5100 $61200$3500 $5100 $61200Gross Rental Income

VacancyCredit Loss 0 $0

$42000 Gross Rental Income

$0 VacancyCredit Loss 0 $0 $0

Effective Gross Income $3500 $42000 Effective Gross Income $5100 $61200

Expenses (3 unit) Expenses (3 unit)$340 $4078 Property Tax $340 $4078$155 $1854 Property Insurance $155 $1854$304 $3646 City WaterSewer $304 $3646

Property Tax Property Insurance City WaterSewer Common Electric $18 $212 Common Electric $18 $212

Total Expenses 3-Unit $816 $9790 Total Expenses 3-Unit $816 $9790

Net Operating Income $32210 Net Operating Income $51410

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

11 STANTON ST

Welcome to 11 Stanton Street the investment opportunity you have been searching for This Triplex offers you three high producing units that are fully leased This allows you to see a return on your investment from the very first month if you wish

Each of the units are 2 bedrooms and 1 bathroom The living areas are quite spacious with hardwood flooring and large windows that let in plenty of fresh air and sunshine Coin operated washerdryer units are installed to enhance your monthly income

Established tenants make the transition to your ownership simple and give you immediate access to cash-flow The building itself has been well maintained This opportunity is available as an individual investment or as a part of an attractive 3 building package in a rapidly developing area Contact us today to learn how to add this property to your portfolio

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

PAGE24

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

11 Stanton As-is Condition | Property Image | Page 26

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

11 Stanton As-is Condition | Apartment 3 | Page 27

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

PAGE25

11 STANTON RENT ROLL amp PRO-FORMA 2020

AS-IS Current Rents 2020 Market Rents 2021

Unit Number BedBath Sqft LEASE Actual Rent Unit Number BedBath Sqft LEASE Market21 975 MTM 21 975 Y $1300

980 MTM 980 $1300Unit 1Unit 2Unit 3

2121 980 MTM

$1000 Unit 1$1000 Unit 2$1000 Unit 3

2121 980

YY $1300

Totals 2935 $3000 Totals 2935 $3900

Rental Income Monthly Annual Rental Income Monthly Annual

3 Unit $3000 $36000 3 Unit $3900 $46800$3000 $36000Gross Rental Income

VacancyCredit Loss 00 $0 $0

Gross Rental Income

VacancyCredit Loss 0

$3900 $46800

$0 $0

Effective Gross Income $3000 $36000 Effective Gross Income $3900 $46800

Expenses (3 unit) Expenses (3 unit)$302 $3620 Property Tax $302 $3620$133 $1596 Property Insurance $133 $1596$163 $1961 City WaterSewer $163 $1961

Property Tax Property Insurance City WaterSewer Common Electric $22 $262 Common Electric $22 $262Total Expense $620 $7440 Net Operating Income $35

Net Operating Income $28560

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

10 EVERARDBUILDABLE LOT

The C

handler Hill Portfolio | E

verard amp Stanton W

orcester MA

This empty lot currently used as parking for occupants once held a 3-Family building Water amp Sewer Lines presently exist and run from Stanton St

The owner had plans to construct a multi-family building Changes in RG-5 zoning ordinances allow for a ground-up Duplex 5000 sqft

You can sit on this lot while renter-demand increases for quality apartments near top hospitalsmedical universities and BioReachsearch Facilities When the time comes you will be able to reinvest your capital to build out your DUPLEX further BOOSTING your PORTFOLIO

PAGE28

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

NS

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

10 Everard | BUILDABLE LOT | Property Image | Page 29

Chandler Portfolio | D

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

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Demographics DEM

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Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

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Financial Analysis

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Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio | D

emographics

CA

SH F

LOW

ASS

UM

PTIO

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Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Cash Flow Analysis | 16

CASH FLOWCalendar Year 2020 REHABBED

2021Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Gross Potential RevenueGross Rental Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Gross Potential Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Effective Gross Income $123600 $202800 $207870 $213067 $218393 $223853 $229450 $235186 $241065 $247092Operating ExpensesReal Estate Taxes $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535 $13535Insurance $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774 $6774Water Sewer $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035 $9035Electric $896 $896 $896 $896 $896 $896 $896 $896 $896 $896Total Operating Expense $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240 $30240Net Operating Income $93360 $172560 $177630 $182827 $188153 $193613 $199210 $204946 $210825 $216852Annual Debt Service $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250 $56250Cash Flow $37110 $116310 $121380 $126577 $131903 $137363 $142960 $148696 $154575 $160602

Effective Gross Income vs Operating Expenses Cash Flow

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Cash Flow Analysis | 17

Calendar Year 2020 REHABBED2021

Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Financial MetricsCash on Cash Return bt 990 3102 3237 3375 3517 3663 3812 3965 4122 4283 CAP Rate 622 1150 1184 1219 1254 1291 1328 1366 1406 1446 Debt Coverage Ratio 166 307 316 325 334 344 354 364 375 386Operating Expense Ratio 2446 1491 1454 1419 1384 1350 1317 1285 1254 1223 Gross Multiplier (GRM) 1214 740 722 704 687 670 654 638 622 607Breakeven Ratio 6998 4265 4161 4059 3960 3864 3769 3678 3588 3500 Price SF $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638 $11638Price Unit $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364 $136364Income SF $958 $1573 $1612 $1653 $1694 $1736 $1780 $1824 $1870 $1917Expense SF $234 $234 $234 $234 $234 $234 $234 $234 $234 $234

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Disposition Sensitivity Analysis | 18

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $75261368 $6841943 $5839 $75261368 19413050 $37630684 $3420971 $2920 $37630684 15757075 $25087123 $2280648 $1946 $25087123 13859100 $18815342 $1710486 $1460 $18815342 12612125 $15052274 $1368389 $1168 $15052274 11699150 $12543561 $1140324 $973 $12543561 10988175 $10751624 $977420 $834 $10751624 10410200 $9407671 $855243 $730 $9407671 9926225 $8362374 $760216 $649 $8362374 9512

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICEUNIT SALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

025 $86740843 $7885531 $6730 $86740843 7832050 $43370422 $3942766 $3365 $43370422 6779075 $28913614 $2628510 $2243 $28913614 6212100 $21685211 $1971383 $1682 $21685211 5834125 $17348169 $1577106 $1346 $17348169 5554150 $14456807 $1314255 $1122 $14456807 5334175 $12391549 $1126504 $961 $12391549 5155200 $10842605 $985691 $841 $10842605 5005225 $9637871 $876170 $748 $9637871 4876

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio | D

emographics

Demographics DEM

OGRAPH

ICS

POR

TFO

LIO

05

Demographic Details

Demographic Charts

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Demographics | 20

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 17556 144794 221178

2010 Population 17664 149815 233011

2020 Population 18655 156774 244826

2025 Population 19106 159392 249259

2020 African American 3374 22429 29753

2020 American Indian 118 738 975

2020 Asian 1341 13478 21635

2020 Hispanic 6823 43791 52078

2020 Other Race 2744 18099 20924

2020 White 9987 94248 161229

2020 Multiracial 1085 7699 10199

2020-2025 Population Growth Rate 240 165 180

2020 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15000 1839 9972 12271

$15000-$24999 1089 7438 9631

$25000-$34999 651 4974 7036

$35000-$49999 1093 7930 11228

$50000-$74999 1095 9994 15618

$75000-$99999 684 6093 10854

$100000-$149999 659 6979 13018

$150000-$199999 141 2961 6355

$200000 or greater 120 2660 6378

Median HH Income $36062 $47998 $57512

Average HH Income $50453 $69565 $83295

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7526 59503 90124

2010 Total Households 6990 56885 88614

2020 Total Households 7372 59001 92391

2025 Total Households 7565 59944 93989

2020 Average Household Size 238 247 250

2000 Owner Occupied Housing 1600 21701 43626

2000 Renter Occupied Housing 5478 34458 42296

2020 Owner Occupied Housing 1654 22424 47070

2020 Renter Occupied Housing 5718 36577 45321

2020 Vacant Housing 855 5872 7498

2020 Total Housing 8227 64873 99889

2025 Owner Occupied Housing 1727 23172 48499

2025 Renter Occupied Housing 5838 36772 45489

2025 Vacant Housing 886 6206 7902

2025 Total Housing 8451 66150 101891

2020-2025 Households Growth Rate 260 160 170

Source esri

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

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Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Demographics | 21

2020 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2020 Population Age 30-34 1554 11483 16632

2020 Population Age 35-39 1199 10227 15823

2020 Population Age 40-44 1025 9177 14724

2020 Population Age 45-49 1016 9198 15191

2020 Population Age 50-54 1044 9147 15542

2020 Population Age 55-59 946 8944 15437

2020 Population Age 60-64 777 8240 14269

2020 Population Age 65-69 596 6787 11670

2020 Population Age 70-74 531 5306 9176

2020 Population Age 75-79 364 3692 6466

2020 Population Age 80-84 299 2564 4513

2020 Population Age 85+ 446 3592 6194

2020 Population Age 18+ 14524 124517 194698

2020 Median Age 32 34 37

2020 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $43008 $48786 $54944

Average Household Income 25-34 $58914 $66609 $75136

Median Household Income 35-44 $43482 $57424 $73678

Average Household Income 35-44 $59323 $80111 $95134

Median Household Income 45-54 $44874 $60110 $77752

Average Household Income 45-54 $57901 $85843 $105222

Median Household Income 55-64 $35765 $54326 $67533

Average Household Income 55-64 $48590 $75414 $92157

Median Household Income 65-74 $23117 $41310 $52060

Average Household Income 65-74 $35821 $60396 $72888

Average Household Income 75+ $27661 $44730 $53846

2025 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2025 Population Age 30-34 1577 11928 17884

2025 Population Age 35-39 1325 10704 16327

2025 Population Age 40-44 1134 9873 15714

2025 Population Age 45-49 1032 9008 14693

2025 Population Age 50-54 1004 9033 14983

2025 Population Age 55-59 932 8524 14538

2025 Population Age 60-64 820 8224 14374

2025 Population Age 65-69 700 7625 13227

2025 Population Age 70-74 588 6109 10595

2025 Population Age 75-79 456 4758 8247

2025 Population Age 80-84 360 3111 5477

2025 Population Age 85+ 438 3483 6085

2025 Population Age 18+ 14903 127450 199676

2025 Median Age 33 35 38

2025 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $45635 $51754 $58542

Average Household Income 25-34 $63140 $72620 $82630

Median Household Income 35-44 $46008 $60818 $77779

Average Household Income 35-44 $64194 $87112 $103593

Median Household Income 45-54 $47952 $63657 $82526

Average Household Income 45-54 $62876 $93012 $114018

Median Household Income 55-64 $37929 $57331 $73119

Average Household Income 55-64 $53080 $82910 $102236

Median Household Income 65-74 $25563 $44920 $55106

Average Household Income 65-74 $39311 $67519 $82188

Average Household Income 75+ $30010 $51169 $61567

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

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Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2020 Population by Race

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

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S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Demographic Charts | 23

2020 Household Occupancy - 1 Mile Radius

Average Income Median Income

2020 Household Income Average and Median

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio | Financial A

nalysis

Financial Analysis

AD

DTI

ON

AL

DET

AIL

S

04

Income amp Expense

Multiyear Cash Flow Assumptions

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

CHANDLER PORTFOLIO | RENT ROLL SUMMARY PAGE 8

CHANDLER HILLRENT ROLL amp PRO-FORMA

AS-IS Current Rents 2020 Market Rents 2021 With Rehab

Actual Rent Roll BedBath Sqft LEASE Rent Actual Rent Roll BedBath Sqft LEASE Rent7 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1200 7 Stanton 31 1225 Y $17007 Stanton 31 1225 MTM $1100 7 Stanton 31 1225 Y $170011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $130011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135011 Stanton 21 1000 MTM $1000 11 Stanton 21 1000 Y $135012 Everard 31 1119 VACANT $1500 12 Everard 31 1525 Y $165012 Everard 41 1943 MTM $1200 12 Everard 42 1525 Y $180056 Everard 31 1050 VACANT $1500 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1200 56 Everard 31 1050 Y $160056 Everard 31 1050 MTM $1400 56 Everard 31 1050 Y $1600Total 12887 $13300 Total 9725 $17350

Rental Income Monthly Annual Rental Income Monthly Annual

11 Unit $13300 $159600 11 Unit $17350 $208200$13300 $159600Gross Rental Income

VacancyCredit Loss $0 $0

Gross Rental Income

VacancyCredit Loss 00

$17350 $208200

$0 $0

Effective Gross Income $13300 $159600 Effective Gross Income $17350 $208200

Expenses (11 unit) 2019 Actual Expense Expenses (11 unit)$1128 $13535 Property Tax $1128 $13535

$6774 Property Insurance $565 $6774$9035 City WaterSewer $753 $9035

Property Tax Property Insurance City WaterSewer Common Electric

$565$753

$75 $896 Common Electric $75 $896Total Expense $2520 $30240 Total Expense $2520 $30240

Net Operating Income $129360 Net Operating Income $177960

CAP RATE862

Asking Price $150000000 $ Per Sq Ft $11640 Down 25$ Down $37500000 Financed 75$ Financed $112500000

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

CHANDLER 2019 ACTUAL EXPENSE REPORT

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Total7 STANTONCity Water $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $11251 $135012City Sewer $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $19136 $229632Electric $1763 $1763 $1763 $1763 $1763 $1763 $1844 $1763 $1763 $1763 $1763 $1681 $21155Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $101958 $101958 $101958 $101958 $407832 Total Expenses $149559 $47601 $47601 $149559 $47601 $47601 $149640 $47601 $47601 $149559 $47601 $47519 $979043

11 STANTONCity Water $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $6239 $74868City Sewer $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $10105 $121260National Grid $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $2184 $26208Insurance - - - - - - - - - - - - $000Property Tax $90505 $90505 $90505 $90505 $362020 Total Expenses $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $109033 $18528 $18528 $584356

12-14 EVERARDCity Water $3616 $3616 $3616 $3616 $3616 $3616 $3718 $3718 $3718 $3514 $3514 $3514 $43392City Sewer $5658 $5658 $5658 $5658 $5658 $5658 $5264 $5264 $5264 $6052 $6052 $6052 $67896National Grid - - - - - - - - - - - - $000Insurance $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $12248 $146976Property Tax $89123 $89123 $89123 $89123 $356492 Total Expenses $110645 $21522 $21522 $110645 $21522 $21522 $110353 $21230 $21230 $110937 $21814 $21814 $614756

56 EVERARDCity Water $7340 $7340 $7340 $7539 $7539 $7539 $7539 $7539 $7539 $7737 $7737 $7737 $90465City Sewer $11888 $11888 $11888 $11748 $11748 $11748 $11748 $11748 $11748 $11607 $11607 $11607 $140973National Grid $1936 $1736 $1936 $1936 $1936 $1936 $2136 $1936 $1936 $1936 $1936 $1936 $23232Insurance $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $15451 $185412Property Tax $56780 $56780 $56780 $56780 $227120 Total Expenses $93395 $36415 $36615 $93453 $36674 $36674 $93654 $36674 $36674 $93511 $36731 $36731 $667201

Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 TotalTOTAL OPERATING EXPENSES $462632 $124066 $124266 $462690 $124325 $124325 $462680 $124033 $124033 $463040 $124674 $124592 $2845356

Note Yellow Shades represent the average expense based on owners documented receipts

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Rent Roll | 12

Unit Square Feet Unit Mix Monthly Rent PSF Market Rent Move-in Date Notes11-1 1000 2 bd + 1 ba $1000 $100 $1300 312019 Lease Ended 08312019 currently MTM

Tenant11-2 1000 2 bd + 1 ba $1000 $100 $1300 612019 Lease Ended 05312020 currently MTM

Tenant11-3 1000 2 bd + 1 ba $1000 $100 $1300 1112018 Lease Ended 10312019 currently MTM

Tenant12-1 1119 3 bd + 1 ba $0 $000 $1500 Vacant Ready to Be Rented12-2 1943 4 bd + 2 ba $1200 $062 $1800 812018 Lease Ended 07312019 Currently MTM

Tenant Used as 3bed 1 bath but hasadditional bed amp bath on top level recordliving sqft 1900+ sqft

56-1 1050 3 bd + 1 ba $1600 Vacant- Currently undergoing CLASS-BRehab

56-2 1050 3 bd + 1 ba $1200 $114 $1600 612019 MTM tenant56-3 1050 3 bd + 1 ba $1400 $133 $1600 612019 Currently MTM Tenant (Pending Lease

Records)7-1 1225 3 bd + 1 ba $1200 $098 $1700 612019 Lease Ended 05312020 currently MTM

Tenant7-2 1225 3 bd + 1 ba $1200 $098 $1600 3132019 Lease Ended 02282020 currently MTM

Tenant7-3 1225 3 bd + 1 ba $1100 $090 $1600 212020 Added as MTM Tenant in 02012020

TotalsAverages $10300 $090 $16900

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Chandler Portfolio Rent Roll

Unit No RoomsMonthly

RentLease Start

Lease Expiration

Current Status

Last Month Deposit

Security Deposit

Tenant Contact

7 Stanton - Unit 13bed1bath $1100) 612019 05302020 TAW $50000 $50000

GHAT SUNVIVARFROM JUNE 2019

TBD

7 Stanton - Unit 23bed1bath $1200) 3132019 2122020 TAW $60000 $60000

DORETHA ESTRADAFROM MARCH 2019

TBD

7 Stanton - Unit 33bed1bath $1100) 212020 TAW TAW $50000 $50000

ASH RAIFROM FEB 2020

TBD

11 Stanton - Unit 12bed1bath $900) 03012019 8312019 TAW $50000 $50000

TIL B GURUNGMARCH 2019

TBD

11 Stanton - Unit 22bed1bath $1000) 612019 5312020 TAW $50000 $50000

CARLOS MERCADOFROM JUNE 2019

TBD

11 Stanton - Unit 32bed1bath $1000) 11012018 10302019 TAW $50000 $50000

VIVIAN GALARAZAFROM NOVEMBER 2018

TBD

12 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

14 Everard- Unit 23bed1bath $950) 08012018 07302019 TAW $0) $0)

KUL DAHALFROM AUGUST 2018

TBD

56 Everard - Unit 1 3bed1bath VACANT VACANT VACANT VACANT VACANT VACANT VACANT TBD

56 Everard - Unit 2 3bed1bath $1200) 612019 TAW TAW $80000 $80000MARIA MARTI RIVERA

FROM JUNE 2019TBD

56 Everard - Unit 33bed1bath TBD TBD TBD TAW TBD TBD TBD TBD

$6300) $3900) $3900)

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

RENTALS

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

Contact Me

Fritzie PuvergeMy Harvard Apartment

Harvard Square Cambridge MA617-249-4139

fritziemyhavardapartmentcomwwwmyharvardapartmentcom

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 2

RENTAL TOURCHB Skyline JP Tuli

AUGUST 8 2020

Fritzie Puverge bull fritziemyhavardapartmentcom

STATUS S = CLOSED S = SOLD

MLS STATUS ADDRESS BEDS BATHS SQ FT PRICE

1 72621547 S 8 E Kendall St 3 3 100 1033 $1300

2 72621231 S 203 Belmont Street 1 3 100 1432 $1500

3 72621234 S 203 Belmont Street 3 3 100 1434 $1500

4 72662015 S 181 Belmont Street 3 3 100 1200 $1500

5 72677926 S 80 Stanton St 30 2 100 820 $1250

6 - S 24 Stanton St 3 200 1400 $1750

Listings

Fritzie Puverge

My Harvard Apartment

24 Stanton St Worcester MA 01605

$1750 3 Beds 200 Baths 1400 Sq Ft ($1 sqft)

SOLD 12720 Year Built 1910 Days on market 0

Details

Source manual

Lot Size 9642

List date 12720

List Price $1750

Orig list price $$1750

Taxes $8111

Features

Remarks

Spacious and modern second floor apartment with private rear deck Renovated in 2018 with modern finishes and a

beautiful kitchen and two new bathrooms Enjoy a breakfast bar in your kitchen granite counters and refinished hardwood

floors Three spacious bedrooms each have ample closet space Master suite includes private bath and walk-in closet

Heat and hot water are included in the rental rate only pay electricity and internet 6 to 18 month lease possible Home is

located on top of Bell Hill your back yard is Green Hill Park Energy efficient building with basement coin-op laundry and

adjacent parking available for a fee One half mile from UMass Memorial and one mile from UMass University campus

Easy access to Route 9 into Shrewsbury or Downtown Worcester

Photo not available

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 32

LISTING LINKS

httpswwwzillowcomhomedetails24-Stanton-St-APT-2-Worcester-MA-016052082332638_zpid

httpsgreenratercom24-30-stanton-street

Listings

Fritzie Puverge

My Harvard Apartment

24 Stanton St Worcester MA 01605

$1750 3 Beds 200 Baths 1400 Sq Ft ($1 sqft)

SOLD 12720 Year Built 1910 Days on market 0

Details

Source manual

Lot Size 9642

List date 12720

List Price $1750

Orig list price $$1750

Taxes $8111

Features

Remarks

Spacious and modern second floor apartment with private rear deck Renovated in 2018 with modern finishes and a

beautiful kitchen and two new bathrooms Enjoy a breakfast bar in your kitchen granite counters and refinished hardwood

floors Three spacious bedrooms each have ample closet space Master suite includes private bath and walk-in closet

Heat and hot water are included in the rental rate only pay electricity and internet 6 to 18 month lease possible Home is

located on top of Bell Hill your back yard is Green Hill Park Energy efficient building with basement coin-op laundry and

adjacent parking available for a fee One half mile from UMass Memorial and one mile from UMass University campus

Easy access to Route 9 into Shrewsbury or Downtown Worcester

Photo not available

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 32

LISTING LINKS

httpswwwzillowcomhomedetails24-Stanton-St-APT-2-Worcester-MA-016052082332638_zpid

httpsgreenratercom24-30-stanton-street

24 Stanton St Worcester MA 01605

$1750 3 Beds 200 Baths 1400 Sq Ft ($1 sqft)

SOLD 12720 Year Built 1910 Days on market 0

Details

Source manual

Lot Size 9642

List date 12720

List Price $1750

Orig list price $$1750

Taxes $8111

Features

Remarks

Spacious and modern second floor apartment with private rear deck Renovated in 2018 with modern finishes and a

beautiful kitchen and two new bathrooms Enjoy a breakfast bar in your kitchen granite counters and refinished hardwood

floors Three spacious bedrooms each have ample closet space Master suite includes private bath and walk-in closet

Heat and hot water are included in the rental rate only pay electricity and internet 6 to 18 month lease possible Home is

located on top of Bell Hill your back yard is Green Hill Park Energy efficient building with basement coin-op laundry and

adjacent parking available for a fee One half mile from UMass Memorial and one mile from UMass University campus

Easy access to Route 9 into Shrewsbury or Downtown Worcester

Photo not available

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 32

LISTING LINKS

httpswwwzillowcomhomedetails24-Stanton-St-APT-2-Worcester-MA-016052082332638_zpid

httpsgreenratercom24-30-stanton-street

203 Belmont Street 1 Worcester MA 01605 MLS 72621231

$1500 3 Beds 100 Baths 1432 Sq Ft ($1 sqft)

CLOSED 5120 Year Built 1900 Days on market 44

Details

Prop Type Rental

County Worcester

Full baths 10

List date 21920

Off-market date 4320

Updated May 2 2020 407AM

List Price $1500

Orig list price $1500

Features

Air Condition No

Appliances RangeDishwasher RefrigeratorWasher Dryer Combo

Association Yn false

Building Features PublicTransportation ShoppingPark Medical FacilityLaundromat HighwayAccess House of WorshipPublic School University

Exterior Features Porch

Heating Gas

Living Area Source FieldCard

Rooms Total 7

Year Built Source PublicRecord

Waterfront Yn false

Remarks

Lovely turn key 1st floor apartment available directly across from Bell Hill Park offering scenic views of Bell Pond Large 3

bedroom 1 bath unit with formal dining area spacious eat in kitchen pantry double living rooms and a porch Extra

mudroom and separate front entrance Beautiful hardwood floors and tile throughout Dishwasher conveniently located in

pantry Window blinds included for privacy Gas parlor heaters for comfortable warmth throughout Updates include new

windows updated bath and fresh paint A bright and cheery unit On street parking and parking lot across the street

available for parking Rent includes water and sewer tenant pays gas and electric First and last months rent and security

deposit required to move in 12 month lease You wont want to miss this apartment

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 11

203 Belmont Street 1 Worcester MA 01605 MLS 72621231

$1500 3 Beds 100 Baths 1432 Sq Ft ($1 sqft)

CLOSED 5120 Year Built 1900 Days on market 44

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 13

181 Belmont Street 3 Worcester MA 01605 MLS 72662015

$1500 3 Beds 100 Baths 1200 Sq Ft ($1 sqft)

CLOSED 53020 Year Built 1890 Days on market 3

Details

Prop Type Rental

County Worcester

Full baths 10

Lot Size 27010

List date 52620

Off-market date 52920

Updated May 30 2020 956AM

List Price $1500

Orig list price $1500

Features

Appliances RangeMicrowave Refrigerator

Association Yn false

Building Features PublicTransportation ShoppingPark Medical FacilityLaundromat HighwayAccess House of WorshipPrivate School PublicSchool University

Heating Gas

Living Area Source Other

Open Parking Spaces 2

Rooms Total 5

Year Built Source PublicRecord

Waterfront Yn false

Remarks

Well maintained 3rd floor apartment in a 3-family home available now Located on route 9 close to UMass Memorial

Medical Center - Memorial Campus amp major routes including I-290 this unit is ready for you to move-in The apartment

features 3 bedrooms and good-sized livingdining rooms with hardwood floors 1 full bathroom kitchen with laminate

floors and pantry 2 parking spaces 1 on driveway and 1 on street Coin-op laundry in basement to be installed Square

footage is estimated

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 21

181 Belmont Street 3 Worcester MA 01605 MLS 72662015

$1500 3 Beds 100 Baths 1200 Sq Ft ($1 sqft)

CLOSED 53020 Year Built 1890 Days on market 3

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 23

8 E Kendall St 3 Worcester MA 01605 MLS 72621547

$1300 3 Beds 100 Baths 1033 Sq Ft ($1 sqft)

CLOSED 41720 Year Built 1890 Days on market 52

Details

Prop Type Rental

County Worcester

Full baths 10

Lot Size 30490

List date 21920

Off-market date 41620

Updated Apr 17 2020 1143AM

List Price $1300

Orig list price $1300

Features

Association Yn false

Living Area Source Owner

Rooms Total 6 Year Built Source PublicRecord

Waterfront Yn false

Remarks

3 bedroom third floor apartment close to U-Mass Memorial on Belmont St Large living room large eat-in kitchen Brand

new carpets and fresh coat of paint throughout No pets

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 6

8 E Kendall St 3 Worcester MA 01605 MLS 72621547

$1300 3 Beds 100 Baths 1033 Sq Ft ($1 sqft)

CLOSED 41720 Year Built 1890 Days on market 52

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 8

203 Belmont Street 3 Worcester MA 01605 MLS 72621234

$1500 3 Beds 100 Baths 1434 Sq Ft ($1 sqft)

CLOSED 6120 Year Built 1900 Days on market 44

Details

Prop Type Rental

County Worcester

Full baths 10

List date 21920

Off-market date 4320

Updated Jun 1 2020 917AM

List Price $1500

Orig list price $1500

Features

Air Condition No

Appliances RangeDishwasher RefrigeratorWasher Dryer Combo

Association Yn false

Building Features PublicTransportation ShoppingPark Medical FacilityLaundromat HighwayAccess House of WorshipPublic School University

Exterior Features Porch

Heating Gas

Living Area Source FieldCard

Rooms Total 6

Year Built Source PublicRecord

Waterfront Yn false

Remarks

Spacious turn key 3rd floor apartment available directly across from Bell Hill Park with scenic views of Bell Pond Large 3

bedroom 1 bath unit with formal dining area spacious eat in kitchen pantry double living rooms and a porch Updated full

bath with tile floor and beautiful refinished hardwood floors throughout Dishwasher conveniently located in pantry

Window blinds included for privacy Gas parlor heaters for comfortable warmth throughout A bright and cheery unit with

fresh paint On street parking and parking lot across the street available for parking Rent includes water and sewer tenant

pays gas and electric First and last months rent and security deposit required to move in 12 month lease You wont want

to miss this apartment

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 16

203 Belmont Street 3 Worcester MA 01605 MLS 72621234

$1500 3 Beds 100 Baths 1434 Sq Ft ($1 sqft)

CLOSED 6120 Year Built 1900 Days on market 44

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 18

80 Stanton St 30 Worcester MA 01605 MLS 72677926

$1250 2 Beds 100 Baths 820 Sq Ft ($2 sqft)

CLOSED 7120 Year Built 1988 Days on market 7

Details

Prop Type Rental

County Worcester

Full baths 10

List date 62220

Off-market date 62920

Updated Jul 1 2020 329AM

List Price $1250

Orig list price $1250

Features

Air Condition Yes

Appliances RangeDishwasher DisposalRefrigerator Washer Dryer

Association Yn true

Building Features PublicTransportation ShoppingMedical Facility HighwayAccess

Exterior Features Deck -Composite

Heating Electric

Living Area Source FieldCard

Open Parking Spaces 1

Rooms Total 4

Senior Community Yn false

Tax Parcel Letter M16B006 L80-30

Year Built Source PublicRecord

Waterfront Yn false

Remarks

Green Hill Estates Affordable Top Floor Unit Available Now This Condo features two large bedrooms combo living room

dining area and nice sized kitchen Wall AC unit keeps things cool in the summer months This unit features Brand new

wall to wall carpeting Young appliances and New kitchen flooring In Unit Laundry is a big plus Full Bath Private Trex

Balcony off of the living room This complex provides gated access to both entrance and parking area Assigned Parking

Spot Tenant pays own utilities Water Sewer Trash Removal Exterior Maintenance Landscaping and snow removal

included in the rent NO SMOKING NO PETS FIRM Min Credit Score 680 Convenient Location close to Schools Shopping

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 26

80 Stanton St 30 Worcester MA 01605 MLS 72677926

$1250 2 Beds 100 Baths 820 Sq Ft ($2 sqft)

CLOSED 7120 Year Built 1988 Days on market 7

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 29

Area Schools

SCHOOL TYPE PHONE DISTANCE

Belmont Street Community Publicpk-6 (508) 799-3588 02 mi

Worcester Technical High School Public9-12 (508) 799-1940 04 mi

Venerini Academy Privatepk-8 (508) 753-3210 05 mi

Nativity School of Worcester Private5-8 (508) 799-0100 06 mi

City View Publicpk-6 (508) 799-3670 06 mi

Seven Hills Charter School Charterk-8 (508) 799-7500 06 mi

MA Academy for Math and Science School Public11-12 (508) 831-5859 08 mi

Central New England Christian Academy Privatek-7 (508) 755-5595 08 mi

The TEC Schools Think Explore Create Privatek-5 (508) 577-3045 09 mi

Elm Park Community Publicpk-6 (508) 799-3568 12 mi

Kathleen Burns Preparatory School Private6-12 (508) 849-5600 12 mi

Wawecus Road School Publick-6 (508) 799-3527 12 mi

Grafton Street Publicpk-6 (508) 799-3478 12 mi

St Stephen Elementary School Privatepk-8 (508) 755-3209 13 mi

North High School Public9-12 (508) 799-3370 13 mi

Lake View Publick-6 (508) 799-3536 14 mi

Worcester East Middle School Public6-8 (508) 799-3430 15 mi

Worcester Academy Private6-12 (508) 754-5302 15 mi

Union Hill School Publick-6 (508) 799-3600 16 mi

Francis J Mcgrath Elementary School Publicpk-6 (508) 799-3584 16 mi

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 34

Area Restaurants

NAME TYPE DISTANCE RATING

Belmont Vegetarian Restaurant Vegan 021 mi 280 reviews

Shawarma Palace Lebanese 112 mi 353 reviews

Armsby Abbey American (New) 087 mi 852 reviews

Mare E Monti Trattoria Italian 111 mi 350 reviews

Pomir Grill Afghan 072 mi 204 reviews

The Fix Burgers 086 mi 795 reviews

BirchTree Bread Company Coffee amp Tea 136 mi 542 reviews

Fatimas Cafe African 159 mi 268 reviews

Bocado Tapas Wine Bar Wine Bars 112 mi 463 reviews

Cafe Reyes Cuban 06 mi 153 reviews

Deadhorse Hill American (New) 094 mi 278 reviews

The Boynton Restaurant amp Spirits American (Traditional) 115 mi 619 reviews

One Eleven Chop House Steakhouses 076 mi 366 reviews

The Sole Proprietor Bars 114 mi 637 reviews

Georges Coney Island Lunch Hot Dogs 146 mi 281 reviews

Smokestack Urban Barbecue Barbeque 136 mi 379 reviews

Buyer Tour

Fritzie PuvergeMy Harvard ApartmentCell 617-249-4139fritziemyhavardapartmentcom | wwwmyharvardapartmentcom 35

The Chandler Portfolio

Exclusively Proposed By

Fritzie PuvergePrincipal Broker amp Certified Property Manager(617) 249-4139

fritzieMyharvardapartmentcom

We obtained the following information above from sources we believe to be reliable However we have not verified its accuracy and make no guarantee warranty or representation about it It is submitted subject to the possibility of errors omissionschange of price rental or other conditions prior sale lease or financing or withdrawal without notice We include projections opinions assumptions or estimates for example only and they may not represent the current or future performance of theproperty You and your tax and legal advisors should conduct your own investigation of the property and transaction

The Chandler Hill Portfolio | Everard amp Stanton Worcester MA

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• Recent Rental Chandler Hill Compspdf
• • Contact Me
  • 8 E Kendall St 3 Worcester MA 01605 MLS 72621547
  • 8 E Kendall St 3 Worcester MA 01605 MLS 72621547
  • 203 Belmont Street 1 Worcester MA 01605 MLS 72621231
  • 203 Belmont Street 1 Worcester MA 01605 MLS 72621231
  • 203 Belmont Street 3 Worcester MA 01605 MLS 72621234
  • 203 Belmont Street 3 Worcester MA 01605 MLS 72621234
  • 181 Belmont Street 3 Worcester MA 01605 MLS 72662015
  • 181 Belmont Street 3 Worcester MA 01605 MLS 72662015
  • 80 Stanton St 30 Worcester MA 01605 MLS 72677926
  • 80 Stanton St 30 Worcester MA 01605 MLS 72677926
  • 24 Stanton St Worcester MA 01605
  • Area Schools
  • Area Restaurants
  • • Blank Page