Buyers MUST calculate their personal buying power BEFORE looking at parks.
Here’s the formula:
STEP 1 — What do you have for down payment?
Example: $400,000
STEP 2 — Multiply by 3.5
$400,000 × 3.5 = $1,400,000 price point
This accounts for:
- down payment
- closing costs
- reserves
- first-year working capital
STEP 3 — Check DSCR for parks in that range
Your consultant will help with this.
Rule:
If you have $300k–$400k, you’re in the $1M–$1.4M park range.
If you have $600k–$800k, you’re in the $2M–$3M range.
If you have $1M+, you’re in the $3M–$5M+ range.
This simplifies everything.