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STUDENT HOUSING FINANCIAL ANALYSIS

Student Housing models and underwriting tools.

Bed-based development and investment tools with academic-year income assumptions.

Rent per bedPaid monthsOccupancyCost per bedNOIDebt yieldDSCRIRR
PRACTICAL GUIDES

Understand the metrics behind the model.

Real Estate

Student Housing Underwriting Guide

Student housing underwriting requires bed-based rent, academic-year timing and operating assumptions that differ from conventional apartments.

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Development

How to Build a Development Budget

A development budget captures every cost required to acquire, design, finance, build, lease and exit a project.

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Debt

How to Size Real Estate Debt

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

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Financial Modelling

How to Build a Downside Case

A downside case combines adverse assumptions into one internally consistent cash-flow scenario.

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