Multifamily Apartment Developer Financial Projection Template

Effortlessly create financial projections for your multifamily apartment development project. Our easy-to-use template generates pro forma statements tailored to your specific income and expenses, perfect for your business plan, loan application, or investment pitch deck.

How it works?

Template price: $


  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

Developed by our experienced CPA projections expert for multifamily apartment projects

Craft investor- and lender-ready projections in just a few hours or less

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

Designed specifically for Multifamily Apartment Development Projects - With over 50,000 businesses assisted, ProjectionHub is a trusted resource for creating financial projections for business plans, loan applications, and pitch decks. Our multifamily apartment developer financial projection template is designed to help you succeed.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get the Multifamily Apartment Developer template now for $399

The template price: $



100% money-back guarantee for 30 days!

Multifamily Apartment Developer Template Details

The multifamily apartment developer forecast financial model enables you to input detailed information about the project's various assumptions and projected performance:

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

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Step 2: Enter your assumptions on the input tabs

Revenue Forecast for Multifamily Apartments

  • Using our model, you can accurately forecast your revenue by considering your particular unit mix and a rate per square foot. Additionally, you can factor in revenue sources like parking fees, storage, and other fees. To provide a complete picture, assumptions for the number of months required for the property to reach stabilization and occupancy rates should be included. Vacancy rates and credit losses should also be taken into account. This data will allow you to forecast both Gross Potential Income (GPI) and Effective Gross Income (EGI) for the property.

Operating Expenses for Multifamily Apartments

  • Our model allows you to enter operating expense assumptions based on per unit, per square foot, or per property. You can also include expenses as a percentage of revenue and as monthly, annual, or one-time costs.

Development Financing for Multifamily Apartments

  • By entering your key equity and debt financing assumptions, along with your target debt service coverage ratio (DSCR), you can determine the amount of debt service you can afford based on your expected net operating income. Our model includes the ability to refinance the construction debt with permanent financing after the project is complete and stabilized.

Construction Budget for Multifamily Apartments

  • Based on financing assumptions, our model will help you estimate the total construction budget amount and how you expect to spend the construction budget. Additionally, the model will outline expected construction loan draws as well as equity infusions.

Step 3: The model is automatically updated based on your assumptions

Investor Return Modeling for Multifamily Apartments

  • Assumptions related to the sale of the property, including timing and cap rate, can be included to forecast investor IRR and cash on cash returns.

Multifamily Apartment Developer Financial Pro Formas

  • There are six different Multifamily Apartment Development Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically.

Investor & Lender Friendly

  • This template and the financial statements make it easy to present to lenders or potential investors. You can also provide a copy of your template to them, allowing them to view your unique assumptions and modify them to see the outcomes.
 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

Profit and loss at a glance table

Use of start-up funds graph

Key ratios table ​​

Cash generated from operating activities graph

10 years of monthly and annual income statement, cash flow and balance sheet reports

  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If the model doesn’t work for you, we’re happy to provide a refund.

Questions? Get in touch.
Contact Us

What ProjectionHub Customers Think

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The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get the Multifamily Apartment Developer template now for $399

The template price: $



100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
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Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections


We'll answer your questions about how the template works


We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

What are the typical operating expenses for a multifamily apartment development?

Operating expenses for multifamily apartment developments typically range between 35% and 50% of the gross potential income. Expenses include property taxes, insurance, maintenance, utilities, property management fees, and other costs.

How much profit can a multifamily apartment development generate?

The profitability of a multifamily apartment development depends on various factors such as location, property size, and management. On average, a well-managed multifamily apartment development can generate an annual net operating income (NOI) between 4% and 12% of the property's value.

What is the average development timeline for a multifamily apartment project?

The development timeline for a multifamily apartment project can vary depending on factors such as project size, location, and complexity. On average, the development process, from land acquisition to completion, can take between 18 and 36 months.