Resources

Free multifamily templates for owners who run the numbers.

The same structures we use to budget, survey comps and plan value-add, as free multifamily templates. Free to download, formulas built in.

Templates

Pick a tool and download it

7 templates

Multifamily Operating Budget

A 12-month budget built from your unit mix, with NOI, expense ratio, a five-year projection and budget versus actual.

Dashboard with NOI, DSCR and break-even
12-month budget from your unit mix
Five-year projection
Monthly budget versus actual

See inside

Rent Comp Analysis Worksheet

Line your property up against nearby comps on rent, size, concessions and all-in rent, unit type by unit type.

Your property against up to 7 comps
Rent survey with fees and concessions
Adjustment grid for size and amenities
Rent position summary and photo board

See inside

Rent Roll Template

One row per unit with status, lease dates, rents and balances, plus occupancy, loss to lease and renewal pricing.

Room for 200 units
Occupancy, leased %, exposure
Renewal pricing with caps and floors
One-page owner summary

See inside

Capex and Value-Add Plan

Plan upgrades, estimate the rent lift and see return on cost and value created at your market cap rate.

Projects with cost and rent lift
Return on cost and value created
24-month spend schedule
Bid comparison and unit tracker

See inside

Due Diligence Checklist

Every document and inspection from contract to close, with a deadline dashboard, issues log and seller letter.

25 core items, room for more
Countdown to deadline and closing
Issues log with credits requested
Ready-to-send seller request letter

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Lease-Up Tracker

Weekly leads, tours and leases against your target pace, with conversion rates and projected stabilization.

Weekly activity against target pace
Projected stabilization date
Absorption by unit type
Cost per lease by lead source

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Multifamily Chart of Accounts

A clean, numbered chart of accounts for apartments, flagged for NOI, with an owner operating statement built in.

200+ numbered accounts by group
Which accounts count toward NOI
Mapping to your accounting software
One-page operating statement

See inside

Rather have us run the numbers?

Send us your property and we will build the budget, comp survey and value-add plan with you.

Talk to us (775) 502-8287

Questions

Template questions

Are these free multifamily templates really free?

Yes. Enter your email and the download starts right away, with a copy of the link sent to your inbox. Use them, change them and share them with your team.

What format are the templates in?

Each one is an Excel workbook (XLSX) that also opens in Google Sheets and Apple Numbers. Formulas are built in.

Do the templates include sample numbers?

Yes. Each one opens with a sample property filled in, so you can see how every tab works. A Start Here tab shows what to replace, and the formulas recalculate as you enter your own figures.

Which template should I start with?

Start with the operating budget and the rent roll. Together they show your income, expenses, NOI and occupancy, which is the base for every other decision.

Can Next Level fill these out for my property?

Yes. We build budgets, comp surveys and value-add plans for owners every day. Tell us about your property and we will show you what the numbers say.