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Updated almost 3 years ago on . Most recent reply

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Amanda Kroepfl
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Where can I find a Multifamily Calculator

Amanda Kroepfl
Posted

I was told I can find a multifamily calculator here on BP. For the life of me I can not find it. Does anyone have one or know where I can find one? 

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Josh Edwards
  • Developer
  • East Moriches, NY
33
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54
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Josh Edwards
  • Developer
  • East Moriches, NY
Replied

Hey Amanda,

Typically when analyzing multifamily properties, or any other commercial real estate property for that matter, investors will use what’s called a pro forma real estate financial model. I’ve noticed that most beginners like to use the Michael Blank Syndicated Deal Analyzer, as it’s pretty intuitive to start out with, and he gives you a tutorial on how to use it. I’ve linked it below. It is quite costly, I think about $150, but like anything, you get what you pay for. There are other options like David Toupins model, but I’ve never used it. It’s all personal preference. The most important point is that you start to get comfortable underwriting deals with an actual financial model. 

https://themichaelblank.com/sy...


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