United States · 180 single-family rental homes

Build-to-Rent Development Pro Forma Template

A build-to-rent development pro forma models a purpose-built rental housing community through development, operation and eventual portfolio sale. Purpose-built rental community held for five years, then sold as a stabilized portfolio at a 5.5% cap rate, with operating income and finance.

Single-family rental homes
180
Rental community
Purpose-built
Hold period
5 years
Exit cap rate
5.5%

What this template models

Rental housing development

Explore a purpose-built community of 180 single-family rental homes.

Operating income

Review an operating income forecast for the rental community.

Project financing

Review the financing assumptions alongside development and operating inputs.

Portfolio exit

Follow a five-year hold and sale as a stabilized portfolio at an assumed 5.5% cap rate.

About this template

Can I view this build-to-rent template without an Aprao account?

Yes. View the template opens the public example in the Aprao app. Anyone with its public link can view it.

Does the example sell homes individually?

This build-to-rent example holds the homes as a rental community and sells the stabilized portfolio after five years. Its assumed exit cap rate is 5.5%.

How do I use this template for my own project?

Aprao customers can select Use this template to create their own copy and customize the assumptions. New users can start a free trial to use the template.