Analyze a Multifamily Property in 5 Minutes with DealWorthIt! #multifamilyinvesting #underwriting

Analyze a Multifamily Property in 5 Minutes with DealWorthIt

In this video, I'm going to show you how to analyze a multifamily property in 5 minutes using the awesome software called DealWorthIt. I'll showcase the quick underwriting feature within the tool and show different scenarios in order to formulate the best offer and be sure we are buying the deal right.

First, I'll show you how to input the property's financial information into DealWorthIt. This includes the purchase price, NOI, expenses, and cap rate.

Once the property's information is in, I'll use the quick underwriting feature to generate a report. This report will show me the property's debt coverage ratio, cash-on-cash return, and other key metrics.

I'll then use the report and create different scenarios. For example, I might want to see what the property's debt coverage ratio would be if I raised the down payment by 10%. Or, I might want to see what the property's cash-on-cash return would be if I bought it for a lower price.

By running different scenarios, I can get a better understanding of the property's risks and rewards. This will help me to make an informed decision about whether or not to make an offer.

If you're looking for a powerful tool to help you analyze multifamily properties, I highly recommend checking out DealWorthIt. It's a great way to save time and make better investment decisions. https://dealworthit.com

Thanks for watching! I hope this video was helpful. If you have any questions, please leave a comment below.

I hope this helps!

#multifamilyinvesting #realestateinvesting #dealworthit #underwriting #quickoffer #realestatesoftware #realestate