Assumptions
📋 Deal Info
▾
Project Name
Entity
Deal Type
Location
🏔️ Land
▾
Land Value
$
Land Area
ac
Land Contribution
🏗️ Development Budget
▾
Unit Count
units
Hard Cost / Unit
$
Soft Cost % of Hard
%
Pre-Dev / Other Costs
$
Contingency %
%
💵 Revenue
▾
Avg Unit SF
sf
Avg Rent / Unit / Mo
$
Annual Rent Growth
%
Vacancy %
%
OpEx % of EGI
%
🏦 Financing
▾
Construction Loan LTC
%
Construction Loan Rate
%
Construction Loan Term
mo
🚪 Exit
▾
Exit Cap — Low
%
Exit Cap — Mid
%
Exit Cap — High
%
Hold Period
mo
Selling Costs
%
💰 Fees
▾
Acquisition Fee
%
Disposition Fee
%
Asset Mgmt Fee
%
Construction Mgmt Fee
%
GP Promote
%
Preferred Return
%
👥 F&F / LP Structure
▾
F&F Equity Raise
$
F&F Promote Kicker
%
HSRE Deal Calculator
CONFIDENTIAL
Scenario:
Total Dev Cost
—
NOI (Stabilized)
—
LP IRR
—
Mid Scenario
Equity Multiple
—
Mid Scenario
Hold Period
—
Units
—
Capital Stack
| Land | — |
| Hard Costs | — |
| Soft Costs | — |
| Pre-Dev Costs | — |
| Contingency | — |
| Financing (Interest) | — |
| Acq. Fee | — |
| TOTAL | — |
Returns Comparison
| Low | Mid | High | |
|---|---|---|---|
| Cap Rate | — | — | — |
| LP IRR | — | — | — |
| Multiple | — | — | — |
| Equity In | — | — | — |
| Equity Out | — | — | — |
Development Budget Detail
| Land | — |
| Hard Costs (units × cost/unit) | — |
| Soft Costs (% of hard) | — |
| Pre-Dev / Other Costs | — |
| Contingency | — |
| Construction Loan Interest | — |
| Acquisition Fee | — |
| TOTAL DEV COST | — |
| Cost per Unit | — |
| Cost per SF | — |
Scenario:
Exit Waterfall
Gross Proceeds at Exit (Stabilized Value)
—
Less Selling Costs
—
Net Proceeds
—
Less Debt Payoff
—
Net Equity at Exit
—
Less Return of Capital (LP)
—
Less Preferred Return
—
Remaining Profit
—
GP Promote
—
LP Net Return (profit share)
—
LP IRR (CAGR)
—
LP Equity Multiple
—
Scenario Comparison
| Metric | Low | Mid | High |
|---|---|---|---|
| Cap Rate | — | — | — |
| Stabilized Value | — | — | — |
| Net Proceeds | — | — | — |
| Net Equity | — | — | — |
| LP IRR | — | — | — |
| LP Multiple | — | — | — |
💡 $100K Example Investment
Investment$100,000
Preferred Return Earned—
LP Profit Share—
—
—× return on $100K
LP IRR Sensitivity: Exit Cap Rate vs. Rent Growth
Color: Green >20% · Yellow 15–20% · Red <15%
Based on Mid scenario cap rate ± 0.50% in 0.25% steps. Uses current assumptions for all other inputs.
For internal use only. Not for distribution. This model is a simplified pro forma and does not constitute investment advice. © Highside Real Estate.