Tabellab
Advanced

Real Estate Development & Equity Waterfalls

Take a 120-unit apartment project from land bid and budget through construction loan, lease-up and sale to the investor waterfall, every formula checked live. Educational only, not investment advice.

8 lessons 8 labs 2.1 h Certificate

The first lesson is free — no account needed.

Lessons

  1. The development budgetLab14 minFree
  2. Residual land valueLab14 min Pro
  3. Yield on cost vs market cap rateLab13 min Pro
  4. Construction loan & interest reserveLab18 min Pro
  5. Lease-up & stabilised NOILab16 min Pro
  6. Sale value & profit on costLab14 min Pro
  7. Levered IRR & equity multipleLab16 min Pro
  8. Equity waterfall: pref & promoteLab20 min Pro