Multifamily Underwriting Template
Professional-grade multifamily analysis: NOI, cap rate, DSCR, cash-on-cash return, GRM, and 5-year cash flow projections. Enter your numbers — results update instantly.
Net Operating Income
$29,539/yr
Cap Rate
7.77%
DSCR
1.3x
Cash Flow
$6,208/yr
CoC Return
5.94%
Income
2–100 units
Typical: 5–10%
Laundry, parking, pets
Annual Operating Expenses
Typical: 8–10%
Roof, HVAC, appliances
Landscaping, snow, misc
Financing & Purchase
Typical: 20–30%
5-Year Growth Assumptions
National avg: 2–4%
Typical: 2–3%
Annual Income Statement
Key Investment Metrics
Cap Rate
7.77%
Target: ≥ 5%
DSCR
1.3x
Lender min: 1.25x
Cash-on-Cash
5.94%
Target: ≥ 4%
GRM
6.6x
Target: < 12x
Down Payment
$95,000
Monthly Mortgage
$1,944
5-Year Cash Flow Projection
| Year | NOI | Cash Flow |
|---|---|---|
| Year 0 (now) | $29,539 | $6,208 |
| Year 1 | $30,677 | $7,347 |
| Year 2 | $31,855 | $8,525 |
| Year 3 | $33,073 | $9,743 |
| Year 4 | $34,333 | $11,003 |
| Year 5 | $35,636 | $12,306 |
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Frequently Asked Questions
Multifamily underwriting concepts explained.
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