Sensitivity

One question, on your own numbers: how does the projected levered return move as one of your assumptions moves? Enter your deal, pick an assumption to sweep, set the range, and read the return at each point.

Save this deal to your portfolio

Enter your numbers and this deal is one tap from your portfolio.

Unit mix

One row per unit type: how many units, and the in-place rent each one carries per month. These roll up into gross potential rent.

Unit type 1

Label (optional)

UnitsRent / mo

Purchase and financing

Purchase priceThe all-in price.Loan amountThe financed principal.Interest rate (%)Your own note rate.Term (years)The amortization term.Closing cost (%)Share of price paid at close.Loan points (%)Points on the loan, if any.Rehab budgetOne-time rehab dollars.

Income adjustments

Vacancy (%)Of gross potential rent.Bad debt (%)Of gross potential rent.Other income (monthly)Laundry, parking, fees.Concessions (annual)Rent given back per year.

Operating expenses (annual)

Property taxesAnnual tax bill.InsuranceAnnual premium.MaintenanceAnnual repairs and upkeep.CapEx reserveAnnual set-aside.Management fee (%)Of effective gross income.

Hold and exit assumptions

Hold (years)How long you plan to hold.Income growth per year (%)Annual effective-income growth.Expense growth per year (%)Annual operating-expense growth.Exit cap rate (%)The cap you assume at sale.Cost of sale (%)Selling costs as a share of price.

What to sweep

Pick one assumption to vary. The table centers on the value you entered for it above, then steps out by the increment you set, both ways. You set the range; nothing is assumed.

AssumptionStep (percentage points)How far each step moves the assumption.Steps each sideHow many points on each side of your value.

Add at least one unit type with a count and a rent, enter a purchase price, a hold, and an exit cap, then set a step to sweep your chosen assumption.