| Going-in cap rate (T-3 NOI / purchase price) | 5.67% | Purchase CAP Rate |
| Exit, year 6: sale at a 5.92% cap rate | $8,890,000 | Expected Sale Proceeds |
| Cash-on-cash by year: Y1 4.8%, Y2 5.4%, Y3 6.1%, Y4 7.0%, Y5 7.1%, Y6 7.3% | Projected Returns - Yearly (1-10?) | |
| Levered IRR | 15.6% | Expected IRR - Hold |
| Equity multiple | 2.19x | Expected Equity Multiple - Hold |
| Hold period | 6 years (exit 2029) | Expected Hold |
| Refinance in 2027 at 65% LTV on stabilized value | Expected Refi Year | |
| Refinance proceeds: new loan $5,580,000, less payoff $4,550,000 = $1,030,000 to equity | Expected Refi Proceeds |
| Rate type | Fixed | Loan #1 - Floating or Fixed |
| Interest rate | 6.13% fixed | Loan #1 - Rate |
| Amortization | Amortizing (30-year schedule) | Loan #1 - I/O or Amortizing |
| Term | 5 years | Loan #1 - Term |
| Maturity | March 6, 2028 | Loan #1 - Maturity Date |
| Renovation program complete | 2024 | Last Renovated |
| Capital budget: Roof $119,500, Unit renovations $426,700, Amenities $51,200; total $597,400 | Budgeted Capex (by category) | |
| Interior upgrades on 38 of 96 units as they turn, $11,229 per unit | Units to Rehab |
Nothing is read from this document for the fields below: having it on file is the answer.
A static rendering for this demo: the passages each deal-sheet value was read from, highlighted where they sit. In the application this link opens the filed document itself. Every name and figure on it is invented.