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The EASY WAY of UNDERWRITING REAL ESTATE
Learn the easiest way to underwrite real estate deals without complicated tools—just a simple “napkin” method for quick analysis. This approach covers income, expenses, and cap rate calculations to estimate property value in seconds. Follow this straightforward formula to simplify your underwriting when looking for that income producing property.
0:00 – Introduction to Napkin Underwriting
0:32 – Calculating Gross Income
1:02 – Estimating Expenses and NOI
1:41 – Determining Property Value with Cap Rate
2:22 – Napkin Underwriting Steps for Fast Analysis
3:16 – Calculating Offer Range and Unit Price
4:20 – Real-Life Examples of Underwriting
5:50 – Using Replacement Costs in Your Offer
7:37 – Final Tips for Confident Underwriting