Copy of Excel Model: Multifamily Proforma

Título: Multifamily Proforma

 Descripción:

This spreadsheet is designed to provide a comprehensive financial analysis of multifamily properties. It includes sections for income projection, operating expenses projection, net operating income, debt service, and cash flow projection.

• Income Projection: Details various revenue sources including rental income, laundry income, parking income, and other income, and calculates the total income.
• Operating Expenses Projection: Lists various expenses such as property management, maintenance, insurance, utilities, property taxes, marketing, administrative, repairs & reserves, and other expenses, and calculates the total operating expenses.
• Net Operating Income (NOI): Calculates the NOI by subtracting total operating expenses from total income.
• Debt Service: Includes principal payment and interest payment, and calculates the total debt service.
• Cash Flow Projection: Calculates cash flow before tax by subtracting total debt service from NOI, and then calculates cash flow after tax.

Advice/Tips:

• Income Projection:
  • Ensure all revenue sources are accurately entered to get a precise calculation of total income.
• Operating Expenses Projection:
  • Regularly update all expenses to reflect the latest figures and maintain accurate financial analysis.
• Net Operating Income (NOI):
  • Review the NOI to assess the financial performance of the property.
• Debt Service:
  • Enter accurate loan details to determine the correct debt service.
• Cash Flow Projection:
  • Monitor cash flow to ensure the property remains financially viable.

Fuente: Custom Calculator

Click the following icon to open the full workbook viewer in a new tab, allowing you to easily edit and save.

Click the following icon to download the spreadsheet, allowing you to save the file on your computer along with edits.

Example of using calculator:

Detailed example of using Spreadsheet: Tasks for user to complete:

1. Income Projection Section:
   • Enter various revenue sources.
     • Example values:
       • Rental Income: $2,000
       • Laundry Income: $370
       • Parking Income: $450
       • Other Income: $560
2. Operating Expenses Projection:
   • Enter expenses for various categories.
     • Example values:
       • Property Management: $390
       • Maintenance: $565
       • Insurance: $456
       • Utilities: $390
       • Property Taxes: $565
       • Marketing: $456
       • Administrative: $574
       • Repairs & Reserves: $467
       • Other Expenses: $567
3. Net Operating Income (NOI):
   • Review the calculated NOI.
     • Example values:
       • Total Income: $13,380
       • Total Operating Expenses: $4,430
       • NOI: $8,950
4. Debt Service:
   • Enter principal and interest payments.
     • Example values:
       • Principal Payment: $2,400
       • Interest Payment: $1,200
       • Total Debt Service: $3,600
5. Cash Flow Projection:
   • Review the cash flow before and after tax.
     • Example values:
       • Cash Flow Before Tax: $5,350
       • Taxes: $800
       • Cash Flow After Tax: $4,550

Why is interactive calculator useful:

This spreadsheet consolidates all financial aspects of multifamily properties, providing a comprehensive view of income, expenses, and profitability. By offering detailed financial analysis, it helps property owners and managers make informed decisions and manage their properties effectively.

Fuente: Custom Spreadsheet

Conclusión:

The Multifamily Proforma is an essential tool for managing and understanding the financial performance of multifamily properties. By providing a detailed and organized approach to recording and analyzing property data, it helps users achieve financial stability and make informed decisions about their property management strategy. Regular updates and reviews ensure that the financial analysis remains accurate and relevant to current market conditions.