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Buy or Bye™ Property Analyzer

Enter deal details — all calculations update in real time.

Monthly Cashflow
$0
After all expenses
Cap Rate
0.0%
Goal: 6–10%
Cash-on-Cash ROI
0.0%
Goal: ≥ 10%
DSCR
0.00
Goal: ≥ 1.25

A · Investment

Purchase Price ($)
$
Down Payment (%)%
Down Payment ($)
$0
Loan Amount
$0

B · Loan Terms

Interest Rate (annual %)%
Term (Years)
# of Payments
360
Closing Costs (%)%
Closing Costs ($)
$0

C · Renovations

Property Inspection ($)
$
Up-Front Repairs ($)
$
Repairs & Inspection Total
$0

D · Property Taxes

Building Value ($)
$
Land Value ($)
$
Annual Tax Estimate ($)
$
Est. Monthly Taxes
$0

E · Neighborhood Grade

Select the neighborhood class
A
B
C
D

F · Monthly Revenue

Unit #1 Rent ($)
$
Unit #2 Rent ($)
$
Other Revenue ($)
$
Total Monthly Revenue
$0

G · Operating Expenses

Water ($)
$
Electric ($)
$
Trash ($)
$
Other Expenses ($)
$
Property Mgmt%
$0
CapEx Reserve%
$0
Vacancy Reserve%
$0
Repairs Reserve%
$0
Total Operating Expenses
$0

H · Financing

Monthly P&I Payment
$0
Escrow: Taxes
$0
Escrow: HO Insurance ($)
$
Escrow: Hazard/Flood Ins ($)
$
Payment w/o PMI
$0

I · PMI

PMI Rate (%)%
Months of PMI
PMI Expense
$0
Payment w/ PMI
$0

J · Monthly Cashflow

Monthly Revenues
$0
Operating Expenses
$0
Financing Expenses
$0
Net Monthly Cashflow
$0
Monthly Cashflow
$0
Enter your numbers above

K · 1st Year ROI

Total Upfront Investment
$0
Payback Period
ROI — 100% Cash Buy
0.0%
Cash-on-Cash Return
0.0%

L · 30-Year Totals

Principal
$0
Interest
$0
PMI Total
$0
Taxes & Insurance
$0
Operating Expenses
$0
Total Out
$0
Total In (Revenues)
$0
Net 30-Year Cashflow
$0

Key Metrics

NOI (Annual)
$0
Cap Rate
0.0%
DSCR
0.00
Estimated ARV ($)
$
70% Rule Max Offer
$0
70% Rule: 70% of ARV only — repair costs are not deducted here.

M · Buy or Bye?

MetricGoalActualDecision
Overall Verdict
metrics passing

Cap Rate

NOI ÷ Purchase Price

Income relative to price, independent of financing.

✓ Target: 6–10% depending on market

NOI — Net Operating Income

(Annual Revenue − Operating Expenses)

Annual income after operating costs but before mortgage payments.

✓ Higher NOI = stronger performance

DSCR

NOI ÷ Annual Debt Service

Shows whether property income covers mortgage. Below 1.0 means you bring money monthly.

✓ Banks typically require ≥ 1.25

Cash-on-Cash Return

(Annual Cashflow ÷ Total Cash Invested) × 100

Annual return on actual cash invested. Most relevant for leveraged purchases.

✓ Goal: 10% or higher

ARV — After Repair Value

Max Offer = (ARV × 70%) − Repair Costs

Estimated market value after renovations. Critical for distressed properties.

✓ Never pay more than 70% of ARV minus repairs

The 1% Rule

Monthly Rent ÷ Purchase Price ≥ 0.01

Quick screen: monthly rent should be ≥ 1% of purchase price.

✓ $200K property → needs ≥ $2,000/mo

CapEx Reserve

Typically 5–10% of Monthly Revenue

Set aside monthly for major repairs. Never skip this.

✓ Older properties: 10%; newer: 5%

Vacancy Reserve

Typically 5–8% of Monthly Revenue

Covers mortgage during vacancies between tenants.

✓ C/D neighborhoods: budget 8–10%

PMI

Applies when down payment < 20%

Protects the lender. Cancels once you reach 20% equity.

✓ Typical: 0.5–1.5% of loan annually

Payback Period

(12 × Monthly CF) ÷ Total Cash Invested

Years to recoup your initial cash from cashflow alone.

✓ 7–10 years is considered solid

Expense Ratio (50% Rule)

(OpEx + Tax + Ins) ÷ Gross Rents < 50%

If expenses exceed 50% of gross rent, cashflow will be thin or negative.

✓ Goal: keep below 50%

ROI (Cash Purchase)

(Annual NOI − Taxes − Ins) ÷ Purchase Price

Return if you paid all cash. Useful for comparing across markets.

✓ At minimum beat high-yield savings (~5%)
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