Create A Proforma

Enter the following factors for the subject property.

Number of Units

Total Gross Income * Enter the yearly gross income including laundry/storage/parking if any

Vacancy (%) * 5% is the average use by most banks/lenders

Expenses (%) * 30%‐35% are the average expenses, not Including management fees

Net Operating Income (NOI)

Gross Rent Multiplier (GRM) * GRM figures will vary between 12.5 to 18 depending on your location

Capitalization Rate (CAP) % * CAP Rates vary between 3.5 and 6.5 depending on your location

Projected Property Value

GRM – projected value

CAP – projected value

Projected Combined Value

Price Per Unit

Need Help? * Call on Ed for help to determine the subject properties value.

Disclaimer: The calculations and figures are averages and estimations only. There are many contributing factors that will help establishing the final value. These items include, but are not limited to city and location of the property in question, condition of the exterior and interiors, rent control etc.