Price Per Unit
Purchase price divided by number of units.
Example Result
Sample DataBased on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
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Price Per Unit Formula
What This Means
A sample property priced at $385,000 with $2,850/month rent has a price per unit of $385,000. Price per unit is the go-to comparison metric for multi-family properties. If similar 10-unit buildings sell at $80K/unit and you find one at $65K/unit, you may have found a value opportunity (or there may be issues requiring investigation).
Where This Value Comes From
Price Per Unit is not entered directly — it is calculated from Purchase Price and Number of Units. See the formula breakdown above and the detailed inputs below.
Calculated From
Price Per Unit is calculated using these inputs:
Platform Distribution
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Unlock Rental Property CalculatorWhy It Matters
Price per unit is the go-to comparison metric for multi-family properties. If similar 10-unit buildings sell at $80K/unit and you find one at $65K/unit, you may have found a value opportunity (or there may be issues requiring investigation).
Detailed Explanation
Price Per Unit divides the total purchase price by the number of rental units. This is the standard comparison metric in multi-family real estate for benchmarking acquisition costs.
Example
Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.
Related Calculations
Price Per Square Foot
2Purchase price divided by total square footage.
Value Based on Cap Rate
UProperty value estimated by dividing NOI by the cap rate.
Value Based on GRM
UProperty value estimated using the gross rent multiplier.
Cost Approach Value
WEstimated value based on land value plus depreciated replacement cost.
Equity Position Current
2Current property value minus outstanding loan balance.
Equity as Percent of Value
2Current equity as a percentage of property value.
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