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Ground-Up Development

Underwrite a build from land to lease-up

Decide whether to build — before you spend a dollar on plans.

Model construction and permanent financing, unit mix, lease-up, and an exit — and see the development spread, IRR, and equity multiple that tell you whether to build at all.

Development Spread
+173 bps
Healthy Spread
Levered IRR
20.0%
Equity Multiple
3.76x
Yield on Cost
6.73%
Uses of Funds
LandHard CostsSoftOther
Calculates:Development spreadLevered & unlevered IRREquity multipleYield on costStabilized NOIDSCRGP/LP returns
Watch it in action

This is Roof Rise, live

Splitting a deal with partners
< 2 min
to underwrite a deal
Zero
broken formulas to debug
1 click
to a branded one-pager

Stop wrestling spreadsheets

Same answer, a fraction of the time — and the math is always right.
Build it yourself
Hours building a multi-tab development pro-forma with construction-to-perm financing, an interest reserve, and a GP/LP waterfall from a blank sheet
One wrong formula and every number downstream is off
Re-do the whole thing every time an assumption changes
No charts, and nothing clean to hand a lender or partner
Use Roof Rise
Open the calculator and type in your numbers
Audited formulas — the math is always right
Change any input and everything recalculates instantly
Charts built in, plus a one-page PDF to send anyone

How it works

Three steps, start to investor-ready.
1
Enter your numbers
Purchase price, financing, income and costs — in plain fields, no formulas.
2
See your returns
Development spread, Levered & unlevered IRR, Equity multiple and more, recalculated the instant you type.
3
Save, compare & export
Snapshot scenarios, compare them side-by-side, and download a branded one-pager.

What you get

Everything you need to make the call with confidence.
Development spread
See your untrended yield-on-cost against the market cap rate — the 150–200 bps that justify building instead of buying.
Two-loan financing
Size the construction loan and the permanent takeout, with the interest reserve solved for automatically.
GP/LP waterfall
Model a partnership with preferred return and promote, and see each side's IRR, multiple, and profit.
Sensitivity + one-pager
Stress-test exit cap and rents in a grid, then export a branded investor summary in a click.
Ground-Up DevelopmentMulti-Family

Common questions

Straight answers about the Ground-Up Multifamily Development calculator.

What does the Ground-Up Multifamily Development calculator do?

Model construction and permanent financing, unit mix, lease-up, and an exit — and see the development spread, IRR, and equity multiple that tell you whether to build at all.

What does the Ground-Up Multifamily Development calculator compute?

It calculates Development spread, Levered & unlevered IRR, Equity multiple, Yield on cost, Stabilized NOI, DSCR, GP/LP returns — recalculated instantly as you change any input.

Is the Ground-Up Multifamily Development calculator free?

The Ground-Up Multifamily Development calculator is part of Roof Rise Pro ($19/month, or $14/month billed annually). Every paid plan starts with a 14-day free trial, and three calculators (Mortgage, 70% Rule, and Quick Metrics) are free forever.

What spreadsheet does it replace?

It replaces a multi-tab development pro-forma with construction-to-perm financing, an interest reserve, and a GP/LP waterfall — with audited formulas, built-in charts, saved scenarios, and a one-click branded PDF report.

One subscription. Every strategy.

Twenty-two calculators, a 14-day free trial, and your money back in your pocket — not in a spreadsheet.

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