Multifamily models and underwriting tools.

Multifamily Development Model

Underwrite residential development from land acquisition through construction, lease-up, refinancing and exit.

Acquisition Financing Model

Calculate acquisition loan capacity, amortization, debt service, fees and equity funding.

Real Estate Refinancing Model

Size a replacement loan and quantify proceeds, debt service, lender return and maturity balance.

Stabilized Asset Valuation Model

Translate sustainable rent and operating costs into direct capitalization and DCF values.

CONNECTED ANALYSIS

Multifamily calculators

Cost per Unit Calculator

Divide total project cost by the number of completed residential units.

Yield on Cost Calculator

Compare stabilized NOI with total development or acquisition cost.

DSCR Calculator

Compare annual NOI or cash available for debt service with annual debt service.

Leveraged IRR Calculator

Calculate annual equity IRR after debt using equity contributions, distributions and net sale proceeds.

PRACTICAL GUIDES

Understand the metrics behind the model.

Development

How to Build a Real Estate Development Model

A development model converts land, construction, timing, financing and exit assumptions into monthly cash flow and investor returns.

Real Estate

How to Underwrite a Property Acquisition

Acquisition underwriting connects purchase price, normalized income, capital expenditure, financing and exit assumptions.

Real Estate

How to Estimate Stabilized NOI

Stabilized NOI represents sustainable property income after normal vacancy and recurring operating expenses.

Debt

How to Size Real Estate Debt

Real estate debt is normally constrained by the lowest capacity under leverage and cash-flow tests.