Multifamily underwriting program

[Jason Appel]

Hey all,

Can anybody recommend the best multfamily (5-20 unit) underwriting platform they use to run numbers?

Also, if anybody has good video resources on properly underwriting deals, I’d love to hear suggestions

Thank you,

Jason

[John Blanton]

Originally posted by @Matt B.:

Originally posted by @John Blanton:

I like the Synthesis Deal Analyzer from Chris Jackson at Sharpline Equity. Many folks really like the Syndication Deal Analyzer from Michael Blank. Depending on your equity structure you can play with the GP/LP equity. If you are just looking to purchase solo take all the fees to 0% and LP equity % to 0 as well.

Good luck!

Is the spreadsheet from Chris a simple version?  

I am looking for a basic Back of Napkin version that doesn't get too deep into the weeds initially 

 Yes it has a back of the napkin version, but here is one too....

GPR x Vacancy/ Collections Loss (%) x Expense ration (ie: 40-50%) = NOI / Cap Rate