Free Real Estate Financial Model Generator (Excel)

A real estate financial model (pro forma) projects unit sales and rental income against land and construction CAPEX, development debt and operating costs, producing levered cash flows, IRR and a DCF valuation. Generate a 15-sheet linked Excel pro forma free for up to 5 years, or up to 25 years with premium.

⚡ Generate my Real Estate model — free (requires JavaScript)

Key drivers pre-loaded in this template

Units × average selling priceDevelopment sales revenue
Rental income streamRecurring income with escalation
$8M CAPEX, $6M debt defaultsDevelopment-scale financing structure
WACC ~10%, EV/EBITDA ~14xProperty-sector valuation defaults

What you get

A 15-sheet, fully formula-linked Excel workbook: Assumptions, Revenue, OPEX, CAPEX & Depreciation, Debt, Tax (with loss carryforward), Income Statement, Cash Flow, Balance Sheet, DCF Valuation, Sensitivity tables, a charted KPI Dashboard and an Integrity Check. Free 15-sheet linked Excel download for models up to 5 years (annual or quarterly, no sign-up). Models from 7 to 25 years are a one-time $29 premium download.

Frequently asked questions

How long should a real estate model run?

Development deals often model 5–10 years; income-producing or leased assets typically 10–25 years to match hold periods and loan terms — supported by the premium tier.

Does it calculate levered IRR?

Yes — equity IRR is computed on cash flows after debt service using a Newton-Raphson solver, live in Excel.

Can I model both sales and rental income?

Yes — up to three independent revenue streams, e.g. unit sales plus rental income with separate growth assumptions.

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Free tools

WACC calculator · CAPM calculator · DCF calculator · IRR calculator · Inside the 15-sheet model · Glossary