A clear path from question to keys
First-Time Investor
This is your first manufactured-home project and you want to avoid expensive mistakes.
The strategy
First-time buyers usually underestimate site costs and overestimate what a bigger home returns. We give you the home pricing and help you build a complete project budget, including the delivery, foundation and set, septic and utility costs you gather from qualified local professionals, before you commit a dollar.
- Build a full project budget before choosing a home
- Confirm permits and installer availability early
- Start with one home and one floor plan
- Example planning guideline: some investors may reserve a 10-15% contingency for unexpected site-related costs. Actual needs vary by project.
Example economics
- cap rate
- 7.9%
- cash flow
- $380/month
- monthly rent
- $1,150/month
- project cost
- $112,000
Illustrative example only. Figures use hypothetical assumptions to demonstrate how an investor might evaluate a project. Actual home prices, site costs, rents, financing terms, and returns vary by project.
Get StartedUnderwrite it
Model the returns
Adjust the assumptions for your county and financing terms.
Project costs
Income & operating
Financing
Your numbers
Project analysis
Total project cost
$0
Monthly payment
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Monthly cash flow
$0
Cash invested $0
Cap rate
0.0%
Cash-on-cash
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DSCR
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Annual NOI
$0
Payback period
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Many investment-property lenders may look for a DSCR around 1.25 or higher. Requirements vary by lender and loan program.
Ready to get started with a home for your project?
Tell us about the home and project to discuss available options, volume pricing, ordering, and next steps. Site work, installation, foundation, utilities, permits, and other project costs are arranged independently by the customer.
Get StartedPlanning tool only. Project-cost assumptions are entered by the user. MHA sells manufactured homes and coordinates delivery; installation, foundation, site work, septic, utilities, permits, financing, and other project services are arranged independently by the customer.