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Here are 3 ways the Next Level Value Add Model is the best model to use for regular acquisitions or value-add deals.

1. Renovation Timing Schedule

This model accounts for down units if interior renovations are happening. Based on the number of units being renovated each month, a renovation vacancy will be calculated.

The reason being, when interior units are being renovated and/or remarketed, the unit is completely offline and generating $0 in revenue.

The user can also choose which month renovations start and how many units will start to be renovated each month. This underwriting method is extremely accurate and replicates what really happens with value-add business plans in real life.

2. Intuitive Features

This model has various features and abilities to make your analysis as accurate and robust as possible. We built it so you can accurately model any business plan.

RUBS Feature

Choose to bill back utilities to residents.

Utility Savings Feature

Planning to do an energy or water savings program? You can gradually lower utility expenses over time.

3. Inputs Tab

Dedicated Inputs tab. Instead of searching through many different worksheets, the needed inputs are clearly labeled in blue font and located on the Inputs worksheet.

Having the cells you need to change located on 1 tab saves time, is more efficient, and allows for a more organized underwriting model.

Do you want to see a free demo of our Value-Add Model?

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• Fed keeps rates steady as it notes ‘lack of further progress’ on inflation

• CBRE: Downtown Indianapolis Performance Report

• National Rent Report

• Past May Still Be Prologue in Multifamily Markets

• Multifamily Starts Plunge in March

• Comparing 1st Quarter Rent Growth to Normal Seasonal Behavior

• NMHC Quarterly Survey of Apartment Conditions

• Pricey Markets on the West Coast Stalling Pandemic Recovery

• Lease-Up Demand is Solid, But it Doesn’t Feel Like It

📈 Modeling Your Success,

• Shop Underwriting Models

• 1-on-1 Underwriting Session

• Join Underwriting Mastermind

• Outsource Your Underwriting

📈 Are you looking to outsource your multifamily underwriting to an experienced analyst?

Why outsource your underwriting?

• Save time

• Turn key solution

• Quick turnaround time

• Professional underwriting model used

• Ability to focus on growing your business

• Hire an expert analyst for a fraction of the cost

Schedule a call with me today so we can discuss your exact underwriting needs.