Multifamily Deal Scorecard

Comprehensive 10-year projection calculator for multifamily acquisitions

1. Property Information

Purchase Price *

Number of Units * (must be ≥5)

2. Rental Income (Flexible Input)

Provide EITHER average rent per month OR gross annual rent

Average Rent Per Month (per unit)

Gross Annual Rent (direct input)

2b. Vacancy Rate

Vacancy Rate (%) *

Default: 7% (conservative multifamily standard)

3. Operating Expenses

Expense Input Mode *

Property Taxes (annual)

Insurance (annual)

Utilities (annual)

Other Operating Expenses (annual)

3b. Transaction & Due Diligence Costs (Optional)

Input Mode

Due Diligence Costs

Typical range: 0.3% - 1.0% of purchase price ($3,000 - $15,000 for most deals)

4. Financing

Financing Type *

Affects risk flag interpretation (high LTV is typical for CMHC)

Financing Program *

Different programs have different DSCR scoring thresholds

Primary Loan:

Loan to Value (%) *

This is a financing assumption. Actual loan amount is subject to lender underwriting.

Loan Amount * (auto-calculated from LTV, or override)

Interest Rate (%) *

Amortization (years) *

Vendor Takeback (Optional)

VTB Amount

VTB Interest Rate (%)

VTB Amortization (years)

Forgivable VTB?

5. Projections (10-Year Forecast)

Rental Increase Year 1 (%)

Rental Increase Years 2-10 (%)

Expense Increase Year 1 (%)

Expense Increase Years 2-10 (%)

Fill in the required fields and click "Calculate Deal Metrics" to see results

Disclaimer

Tool Purpose: This calculator is a first-pass screening tool that evaluates deal structure and durability based on your inputs. It does not perform full valuation analysis, replicate lender underwriting, or guarantee financing approval. Deeper underwriting and professional review are required before executing any transaction.

Educational Context: Reference information provided (DSCR acceptability scales, CMHC underwriting context, cap rate guidance) is for educational purposes only and does not affect calculations or scoring. Actual lender requirements, market cap rates, and underwriting assumptions vary by property, market, lender, and program.

No Warranties: This calculator provides a simplified analysis based on assumptions you provide. Projections do not guarantee future performance. Close & Calnan Real Estate Advisors and Calnan Real Estate Group make no warranties about the accuracy of results. Always consult qualified professionals before making investment decisions.

Important: This tool may show very high cash-on-cash returns in highly leveraged or structured transactions. These results reflect mathematical leverage and do not represent risk-adjusted returns. Target LTV does not guarantee loan approval; actual loan proceeds are constrained by DSCR, property value, and lender program limits.