Real Estate Valuation

Fair value = median of income (cap-rate), DCF, and area × market price/m². Plus the full deal underwriting.

Fair value (median)

1,782,349.33

IncomeDCFComparable

Overvalued

-12.2% vs price

Going-in cap

5.99%

NOI (yr 1)

119.8K SAR

Cash-on-cash

5.35%

Levered IRR

4.2%

Equity multiple

1.21×

DSCR

—

NPV

-381.1K SAR

Fair value / m²

4,456 SAR

Income
1,712,000.00

DCF
1,782,349.33

Comparable
2,000,000.00

Acquisition

Asking / purchase price

Acquisition costs

Sellable area

m²

Market price / m²

Income & Expenses

Year-1 stabilised figures.

Gross annual rent

Other income / yr

Vacancy & credit loss

Management (of EGI)

Operating expenses / yr

CapEx reserve (of EGI)

Financing

Loan-to-value

Interest rate

Amortization (0 = IO)

yrs

Growth & Exit

Rent growth / yr

Expense growth / yr

Holding period

yrs

Exit cap rate

Selling costs

Discount rate

Market cap rate (0 = exit)

Pro-forma

Year	EGI	NOI	CapEx	Cash flow
1	152.0K	119.8K	7.6K	112.2K
2	156.6K	123.4K	7.8K	115.6K
3	161.3K	127.1K	8.1K	119.1K
4	166.1K	131.0K	8.3K	122.6K
5	171.1K	134.9K	8.6K	126.3K

Estimates for screening only — not investment advice. Verify the inputs before committing.