Lesson 11: Multifamily Investment Project Phase 1
December 13, 2023
Review:
- Exam 2 results
- Question 10
- Score appeal process
Presentation:
Final Project Phase 1 (due in class today)
- Identify a target market (e.g., Milwaukee) and a backup – each student will be assigned a unique market
- Create a list of all multifamily investment opportunities in your target market
- Apartment buildings with 10+ units
- Create a spreadsheet with property address, number of units, asking price, price per unit, total annual rent (estimate), and Gross Rent Multiplier (GRM)
- Select 3 properties from your list for a deeper dive and ROI analysis.
- Use the ROI Analysis worksheet
- Create a separate worksheet for each property
- Estimate annualized ROI for each of the 3 selected properties
- Verify completion of your ROI worksheets (allow me to review)