Looking to Sell Mult-Family
Realton Properties also buys multi-family units. You can submit your Pro Forma to us with a description of the property you are selling along with your contact information. If you do not have one you can complete our pro forma template and fax it to us at 257-0997. A representative will contact you.
Below is a sample Pro Forma template with a definition of the terms
DownloadRealton Properties Pro Forma Template
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Many of the individual items on a Pro Forma are self-explanatory a few are defined more thoroughly below. (These terms are solely for the purpose of filling out the attached Pro Forma template)
Cap Rate – Capitalization Rate:
The Capitalization Rate or Cap Rate is a ratio used to estimate the value of income producing properties. Put simply, the cap rate is the net operating income divided by the sales price or value of a property expressed as a percentage.
Operating Expenses:
Operating Expenses are costs associated with the operation and maintenance of an income producing property. Operating expenses do not include:
- Capital expenditures such as new roofs, additions, new windows, etc
- Mortgage payments
Gross Rental Income:
The total of all income from all units whether actually rented or not
Total Operating Income:
Total Operating Income includes rental income and all other income such as parking, and laundry less your vacancy rate
Net Operating Income (NOI):
The total operating income less operating expenses