Value Add Apartment Model with IRR Hurdle Waterfall –
Who This Is For
Investors seeking apartment deals with some renovations with retail potential.
Developers exploring mixed-use or adaptive reuse projects.
Brokers, syndicators and consultants needing a fast, credible analysis tool.
Analyze, Renovate, Refinance, and Present with Confidence
 
If you’re looking to purchase, renovate, rent out, refinance, and eventually sell a multifamily property—and especially if you plan to bring in investors—having the right financial model is essential. The EZ Pro Value Add Multifamily Model is purpose-built for exactly this type of investment strategy, allowing you to underwrite complex deals with clarity, precision, and professional presentation.
 
This all-in-one Excel-based tool is designed for real estate investors, syndicators, and developers who want to maximize value through renovations and repositioning. Whether you’re entering the multifamily space for the first time or are an experienced operator handling multiple projects, this model empowers you to confidently analyze numbers, plan capital improvements, and communicate your vision to partners, lenders, or private investors.
 
Streamlined Inputs for Fast, Accurate Analysis
You don’t need to wrestle with complicated formulas or build your own spreadsheets from scratch. Simply enter your project details—acquisition price, renovation scope, projected rent increases, operating expenses, financing terms—and the model will automatically calculate your cash flows, returns, and key metrics.
 
Capital Renovation Planning Made Easy
Renovation projects can make or break a value-add strategy. This model includes a built-in, automated three-year renovation and capital expenditure budget worksheet, enabling you to plan and manage improvement costs over time without losing sight of your overall investment performance.
 
Integration with Existing Data
Seamlessly incorporate T12 financials, rent rolls, and market data for accurate comparisons and underwriting. This ensures your assumptions are grounded in reality, giving you more reliable projections and more persuasive presentations to stakeholders.
 
Investor-Friendly IRR Hurdle Waterfall Structure
The model includes a partnership waterfall with IRR hurdles and customizable profit splits between general partners (GP) and limited partners (LP). This is ideal for investor presentations, as it clearly demonstrates how profits will be distributed under different performance scenarios.
 
Professional Deal Summaries
Included are two clean, fully automated deal summary sheets that consolidate all your key metrics in one place. These summaries are designed for professional presentation to banks, private investors, or inclusion in pitch decks. They include sensitivity tables that show how different hold periods and exit cap rates affect your returns—an invaluable tool for building investor confidence.
 
Exit & Refinance Planning
Plan your refinance or sale with precision. The model automatically projects returns based on your chosen exit year, factoring in renovation-driven value creation and your exit cap rate.
Advanced Features at a Glance:
Monthly and annual P&L breakdowns
Market comparison tool for purchase price evaluation
Exit cap and IRR sensitivity tables
Fully customizable hold period
Acquisition phase funding assumptions
 
Support Included- 30 minute strategy call is included with your purchase! We are here to support you. (additional edits to the model will be charged separately)

Every purchase comes with an instructional video and a 30-minute walkthrough call to ensure you can use the model effectively. Customization services are also available for deals that require tailored features.
With this model, you’ll have the tools, clarity, and confidence to take your multifamily investment from concept to completion—and present it like a pro.