Explore the opportunity. Model a conventional long-term rental strategy using adjustable rents, vacancy, expenses, purchase price and cap rates. All figures are illustrative, not actual property financial statements or an appraisal.
Long-term rental income
Monthly rent per residence · 11 units total.
Gross potential monthly rent
Gross potential annual rent
Investor valuation
Investor-supported valueProjected NOI ÷ selected cap rate
Cap rate at modeled priceProjected NOI ÷ modeled price
Purchase price scenario
Enter your assumed purchase price to see the implied cap rate and the income needed for your target cap rate.
Price per door (11 units)
Price per square foot (~6,525 SF)
NOI needed for target cap rate
Investor value less modeled price
Vacancy and expenses
Vacancy applies only to gross potential rent. All other expenses apply to income after vacancy. Edit percentages or annual dollars. Dollar edits stay fixed as rents change; percentage edits vary with income. Insurance, taxes and utilities start at the supplied annual dollar amounts.
Combined vacancy and expenses
Annual NOI
Investment overview
Projected annual rental incomeBefore vacancy and expenses
Projected net operating incomeBefore debt service and taxes
Modeled investor valuation
Modeled acquisition priceEditable above