Multifamily Analyzer

Size up a small apartment building: unit mix, expenses, financing, a value-add rent bump, and a 5-year pro forma with IRR.

Today's rates

Loading…

Rates are for information only, not an offer of credit. Published benchmark rates as of the dates shown; your actual loan rate will differ. Sources credited on each rate. What they mean →

Educational estimates only, not financial, lending, or investment advice; verify with a professional. Results are only as good as your inputs. Real lenders use their own rules, rates, and appraisals, and nothing here guarantees approval, rent, or returns. Your numbers stay in your browser. Disclaimer

The property

Unit mix

Unit type	Units	Rent / mo ($)	Total / mo

Other income ($/mo, total) ?

Vacancy & credit loss (%) ?

Operating expenses

Itemize expenses Use an expense ratio

Property taxes ($/yr) ?

Insurance ($/yr) ?

Repairs & maintenance ($/yr) ?

Owner-paid utilities ($/yr) ?

Admin, legal, lawn & other ($/yr) ?

Replacement reserves ($/unit/yr) ?

Management (% of EGI) ?

Purchase & financing

Purchase price ($) ?

Down payment (%) ?

Interest rate (%) ?

Amortization (years) ?

Closing costs ($) ?

Rehab / value-add budget ($) ?

Value-add & 5-year assumptions

Rent bump after rehab (%) ?

Bump starts in year ?

Annual rent growth (%) ?

Annual expense growth (%) ?

Exit cap rate (%) ?

Selling costs (%) ?

Results

Year-1 DSCR ?

—

Total units ?

—

Gross potential rent (yr 1) ?

—

Effective gross income (EGI) ?

—

NOI (yr 1) ?

—

Operating expenses (yr 1) ?

—

Cap rate (yr 1) ?

—

Price per unit ?

—

Gross rent multiplier ?

—

Annual debt service ?

—

Cash-on-cash (yr 1) ?

—

Total cash needed ?

—

Loan amount ?

—

5-year IRR ?

—

Equity multiple ?

—

Est. sale price (yr 5) ?

—

Net sale proceeds ?

—

Loan balance at sale ?

—

Need financing? See lenders on our Tools page.

5-year pro forma

Rents and other income grow at your rent-growth rate; the value-add bump kicks in the year you choose. Expenses grow at your expense-growth rate (management stays a % of EGI). Before income taxes.