Multifamily Underwriting
Professional underwriting tool for apartment building investments.
Property Information
$2,500,000
Price/Unit
$125,000
Price/SF
$182
Rent/SF
$1.81
Unit Mix
Income Assumptions
Laundry, parking, fees, etc.
Operating Expenses (Annual)
Financing
Pro Forma Assumptions
Review Numbers
2.22% Cap | 0.39x DSCR
Net Operating Income
$55,409
$2,770/unit
Income Statement
Gross Potential Rent$297,600
+ Other Income$6,000
- Vacancy/Loss($23,808)
Effective Gross Income$279,792
- Operating Expenses($224,383)
NOI$55,409
Key Ratios
Cap Rate2.22%
DSCR0.39x
Cash-on-Cash-12.4%
GRM8.4x
Expense Ratio80%
Cash Required
Down Payment$625,000
Closing Costs$75,000
Total Cash$700,000
5-Year Returns
Exit Value$1,621,043
Total Cash Flow-$274,732
Total Return-$1,210,141
Equity Multiple-0.73x
Need Financing for Your Multifamily Deal?
Get competitive rates for apartment building acquisitions and refinances.