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Value-Add Analysis

Compare current vs stabilized operations to see whether NOI growth justifies the renovation budget.

Plan inputs

Unit count

Current average rent per unit

$

Stabilized average rent per unit

$

Stabilized occupancy

%

Renovation budget

$

Exit cap rate

%
Advanced options

Current occupancy

%

Current other income (annual)

$

Stabilized other income (annual)

$

Current operating expenses (annual)

$

Stabilized operating expenses (annual)

$

Budget vs value created

Renovation budget
Estimated value created

Net value created

$662,733

Results

Stabilized upside

Net value created

$662,733

Annual NOI gain

$59,264

Payback period

5.5 years

Return on renovation cost

203.9%