Price Per Door

Deal Returns

A quick levered return model: IRR, equity multiple, year 1 cash-on-cash and DSCR, from price, debt, NOI growth and an exit cap.

Levered IRR6.8%
Equity multiple1.35x
Year 1 cash-on-cash4.8%
Year 1 DSCR1.51x
Total equity required$12,600,000
Loan amount$19,500,000
Going-in cap rate6.00%
Price per door$136,364
Exit value (year 5)$33,387,093
Exit value per door$151,760

This is a screening tool, not an underwriting model. It assumes NOI grows at one steady rate and the loan is repaid from sale proceeds at exit. Use it to see which assumption moves the answer most.

For education only. Not investment, tax or legal advice.

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