Mobile Home Park Pro Forma
Real Estate Excel Template (Free Download)
Underwrite a manufactured housing community from lot-rent growth, pad infill, utility recovery and agency financing assumptions.
professionals from Deloitte
About this pro forma
The full Excel model powers this pro forma through acquisition basis, occupied-pad ramp, lot-rent mark-to-market, park-owned homes, RUBS recovery and per-pad expenses. Agency-style debt, capex and a forward-NOI exit link the operating plan to levered and unlevered returns.
Use the projected outputs to evaluate acquisition price, value-add execution, debt sizing and exit sensitivity. MHC investors, sponsors, lenders and acquisition analysts can compare base, upside and downside cases.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Mobile Home Park Pro Forma
- Pad occupancy and infill ramp
- Lot-rent, park-owned-home and RUBS revenue
- Per-pad operating expense and management-fee forecast
- Agency debt, DSCR and debt-yield outputs
- Infill capex, maintenance capex and cash flow
- NOI, cap-rate exit, IRR, equity multiple and yield-on-cost
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What drives park revenue?+
Occupied pads, lot rents, park-owned homes, utility recovery and other income drive projected revenue.
Does it model infill?+
Yes. Vacant pads ramp toward stabilized occupancy and generate linked infill capex.
Are debt metrics included?+
Yes. Agency-style debt, DSCR, debt yield, amortisation and exit proceeds are projected.
Who uses this pro forma?+
MHC investors, value-add sponsors, lenders and acquisition analysts use it for underwriting.
Have more financial modelling questions? Contact us
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