PHOENIX THOTTAM:   Hello.  Are you looking for a loan to finance your apartment building? Please feel free to experiment and use my below maximum loan calculator to approximate a loan amount that a multifamily building will qualify for by using the apartment loan calculator.   Please note that this information should be used striclty as an informal guideline and is not a commitment to lend.  Please call me at (310) 497-7255 if you have any questions or if you would like a free buy / sell analysis & valuation study done for your property.  I would also be happy to discuss 1031 IRS Tax Code and other strategic considerations to help you achieve your investment goals.

Maximum Apartment Loan Amount Calculator
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Calculator

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Definitions

  1. Sum of all actual income assuming 100% occupancy.
  2. Input actual vacancy and uncollectables. If input is less than 5% of Gross Potential Income, model will automatically default to greater number.
  3. Input actual expenses with necessary adjustments for taxes and Insurance. Use miscellaneous as a catch all.
  4. Input actual management expenses. If input is less than 5% of Effective Potential Income, model will automatically default to greater number.
  5. Use greater of $250/door or actual.
  6. Defaults to 1.2 times.

Note: The commercial mortgage calculators displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any calculation errors resulting from the use of these calculators.