Multifamily Value-Add Acquisition

Project IRR
18.5%

Unlevered Internal Rate of Return

Equity Multiple
2.3x

Total Cash Distributions / Total Equity

Cash-on-Cash Return
8.2%

Year 1 Stabilized

Exit Cap Rate
5.75%

Projected at Sale

Underwriting Assumptions
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Sources & Uses of Funds
Total Project Cost Breakdown
Annual Cash Flow Projection
Based on current underwriting assumptions