Apartment Loan Sizer

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Calculator

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Definitions

  1. Sum of all actual income assuming 100% occupancy.
  2. Input actual vacancy and uncollectables. If input is less than 5% of Gross Potential Income, model will automatically defaut to greater number.
  3. Input actual expenses with necessary adjustments for taxes and Insurance. Use miscellaneous as a catch all.
  4. Input actual management expenses. If input is less than 5% of Effective Potential Income, model will automatically defaut to greater number.
  5. Use greater of $250/door or actual.
  6. Defaults to 1.2 times.