How to Analyze Multifamily Properties
EK
Edward R. Kelly
Professional Investor • Oct 2025 • 5 min read
Multifamily analysis relies on the 'Income Approach'. You are buying an income stream, not just a building.
Key Metrics
Focus on NOI, Cap Rate, and Cash-on-Cash return. Ignore appreciation in your initial underwriting to remain conservative.
Frequently Asked Questions
Why is this metric important?
It helps investors standardize the evaluation of property performance.
Where can I find a calculator for this?
Check our Calculators section for free tools.