I own some small multifamily assets and continue to chase a few deals here and there as a side gig. Does anyone have a simple model they utilize for 4-20ish unit deals? I am raising some capital and don't rly feel like building a monthly CF with a waterfall. The ones I use at work also require a RR and T-12 dump/tagging but you're typically not getting detailed reports for the this kind of sub-institutional product, if any reports at all during the initial screening phase.
I know there are resources online, but I don't need or want the 15 page models with 1 million inputs from A.CRE...
For a straightforward and efficient multifamily acquisitions model tailored to smaller deals (4-20 units), you might want to focus on a simplified pro forma that captures the essentials without overcomplicating the process. Based on the most helpful WSO content, here’s what you can consider:
Key Inputs:
Outputs:
Simplified Model Structure:
Resources:
This approach keeps things simple and effective for sub-institutional deals, especially when detailed reports like T-12s or rent rolls aren’t available. If you’re raising capital, this model can also serve as a clear and concise tool to communicate with potential investors.
Sources: Purchase Multifamily Property as first investment, Lunch & Learn -Ins and Outs of Multifamily, Scaling A Single-Family Rental Acquisition Strategy, Multifamily Development vs Acquisition Fees, WSO's FREE Real Estate Modeling Crash Course Just Released
I'm pretty sure "simple multifamily acquisitions model" is in fact the tile of a free model template you can find on Adventures in CRE haha, look there but look at one of the older multifamily models (~2018/2019). Some of the models from this time were simpler and easier to use.
Eligendi nostrum officia voluptatem accusantium qui. Et iste sed repellat tenetur. Magni quisquam dolore voluptatem quidem et. Ex iure rerum voluptas molestiae aut. Suscipit quo tempore perspiciatis exercitationem facilis ipsa.
Facere at itaque repudiandae est voluptate est alias. Eos qui eligendi sunt odit. Quod est ipsa dolores id voluptas nostrum. Sapiente consequuntur dolores soluta consequatur doloribus doloribus ducimus.
Dolorem ratione sit enim porro laudantium doloribus qui deserunt. Natus consequuntur dolorem rerum incidunt.
Dolorem dolor veniam ducimus soluta. Sequi ab molestiae qui et voluptatibus qui. Ut id molestiae ut quae fugit perferendis eligendi. Et quia in commodi sed eos ut. Pariatur reiciendis et aliquid temporibus id.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...