Josh Uy, REALTOR www.JoshUy.com

Investment tools · Bay Area

Investment Calculators

Run the monthly payment on a home, or see if a duplex, triplex or fourplex pencils out.

The deal

Price, loan and the cash you'll need

Down payment (type % or $)
Loan $747,500 · mortgage $4,973/mo (principal + interest)
Loan term
Down payment$747,500
Closing costs$12,000
Repairs at purchase$15,000
Upgrades$0
Total cash needed$774,500

Units

Fourplex · 4 units

Market rent is what each unit could rent for today. Current rent is what the tenant pays now; leave it blank if the unit is vacant.

1
2
3
4
Income at market rents$10,920/mo
Income at current rents$10,020/mo

Vacancy & expenses

per month
% of rent lost to empty units
$546
% of price per year
$1,557
per year
$400
% of collected rent, 0 if self-managed
$830
% of rent for everyday fixes
$546
% of rent saved for roof, HVAC, appliances
$546
water, sewer, trash, common areas
$450
landscaping, pest, HOA
$0
Operating expenses$4,329/mo

Vacancy comes off the rent, so it isn't in this total. The mortgage is counted separately too.

Run the numbers on
ALMOST THEREMarket rents
3 of 4 targets met

Max offer $1,452,000

2.8% below your $1,495,000 offer
Or keep your $1,495,000 offer: total rent of about $11,210/mo (now $10,920) would meet every target.

Your targets

Set to Bay Area benchmarks for 2-4 unit buildings. Change any number, or uncheck one that doesn't apply (debt coverage doesn't matter on an all-cash purchase).

UseMetricThis dealTargetResultMax offer
Cap rate
4.85%
≥
%
Pass
$1,586,0006% above offer
Cash-on-cash
1.66%
≥
%
Miss
$1,452,0003% under offer
Debt coverage (DSCR)
1.22
≥
×
Pass
$1,510,0001% above offer
Cash flow per unit
$268
≥ $
/mo
Pass
$1,740,00016% above offer
Monthly cash flow
$1,072$12,860 a year
Rent multiplier
11.4GRM · price ÷ yearly rent
Price per unit
$373,7504 units
Rent to price
0.73%monthly rent ÷ price (1% rule)
Expense ratio
41.7%expenses ÷ income (50% rule)
Break-even occupancy
85.2%of full rent needed to cover all costs

Price check

The highest price that still meets each target. Past the dashed line (your offer) means it works at your price.

Offer $1,495,000
Cap rate ≥ 4.5%$1,586,000
Cash-on-cash ≥ 2.0%$1,452,000
DSCR ≥ 1.20$1,510,000
Cash flow ≥ $0/unit$1,740,000
Works at your offerNeeds a lower price

Cash flow

Where the rent goes · Market rents

Vacancy $546/moOperating expenses $4,329/moMortgage $4,973/moCash flow $1,072/mo
LineMonthlyAnnual
Gross rent (fully rented)$10,920$131,040
Vacancy (5%)-$546-$6,552
Rent after vacancy$10,374$124,488
Operating expenses-$4,329-$51,951
Net operating income (NOI)$6,045$72,537
Mortgage (principal & interest)-$4,973-$59,678
Cash flow$1,072$12,860