- Smart home/IoT
- Managed Wi-Fi
- Access control
- Self-touring
Validate the impact of your proptech investment, no pilot required
Our impact analysis reports provide an impartial look at the potential value, pricing ramifications, efficiency, and more of any proptech investment.
Page one shows the scope of the proposed project.
The report can simultaneously run up to three different technologies including:
We can list project hardware that would be installed during the project.
Page two shows the total financial overview of the project from a cash on cash prospective.
IRR
Cash on cash only
The IRR or ‘Internal Rate of Return’ calculation is presented for 3-, 5-, 7-, and 10-year timeframes, providing valuable insights into the potential value of the selected property technologies. IRR assists in helping determine the duration required to achieve a return on their technology investment, while considering the time value of money.
Project expense overview
The Proptech Expense Overview consolidates the costs of all selected technologies within the defined scope and calculates the per unit cost to facilitate analysis and evaluation.
Proptech expenses
When implementing multiple technologies, each technology often comes with different contract timeframes. This section aims to provide insight into these variations and offers a comprehensive view of the total costs associated with each technology. Specifically, it provides detailed information on the Total
CapEx and Contract Term Length OpEx prior to conducting the analysis.
Cashflow positive analysis
Cash on cash only
The Cashflow Positive Analysis takes the Total Project Expenses into account against the Monetization Strategy post implementation, and provides the Monthly Unit Premium that would be necessary to increase rent by, for the project to be cashflow positive by the end of the 3-, 5-, 7-, or 10-year timeframes.
Impact analysis
Cash on cash only
Understanding proptech’s potential impact on your community’s Valuation, Annual NOI, and what it’s ROI % Annualized is, enables the evaluation of the impact to the property’s market value, cash flow potential, and profitability as it relates to the Selected Unit Premium ONLY, without considering any additional benefits such as efficiencies, following the successful implementation of the selected proptech.
Page three shows the total financial overview of the project from an efficiency prospective.
IRR
Efficiency + Cash on cash
The IRR or ‘Internal Rate of Return’ calculation is presented for 3-, 5-, 7-, and 10-year timeframes, providing valuable insights into the potential value of the selected property technologies. This IRR Calculation considers the value of the efficiencies gained per unit, relating to prospect conversion impact, operational efficiencies gained, resident retention impact, and/or vacant unit impact, combined with the Selected Unit Premium.
Efficiency Calculation Inclusion Breakdowns
Prospect Conversion Impact influences a multifamily community by affecting the rate at which potential residents decide to lease, thereby directly impacting the community’s average occupancy and overall revenue stability.
Operational Efficiency Impact refers to the influence that the selected proptech will have on your multifamily community’s ability to optimize processes, reduce costs, and enhance service delivery, ultimately contributing to improved profitability and tenant satisfaction.
Resident Retention Impact measures the effect of strategies and practices on maintaining high occupancy rates by keeping current residents satisfied and renewing their leases in a multifamily community.
Vacant Unit Impact quantifies the effect on a multifamily community’s revenue and operational costs related to the number of unoccupied units and the speed at which they are turned and filled.
Impact analysis
Efficiency + cash on cash
Understanding proptech’s potential impact on your community’s Valuation, Annual NOI, and what it’s ROI % Annualized is, enables the evaluation of the impact to the property’s market value, cash flow potential, and profitability as it relates to the Selected Unit Premium and Efficiencies Gained Per Unit, following the successful implementation of the selected proptech.
Impact analysis
Efficiency only
Understanding the selected proptech’s potential impact on your community’s Valuation, Annual NOI, and what it’s ROI % Annualized is, enables the evaluation of the impact to the property’s market value, cash flow potential, and profitability as it relates to the Efficiencies Gained Per Unit ONLY, without considering an increase in the unit premium, following the successful implementation of the selected proptech.
The data we use
The precision of our reports is a result of the data we use, which includes sources like:
- Live & Historical Market Rent, Vacancy, & Capitalization Rate Data
- Live & Historical Catastrophic Insurance Expenditure Data
- Live & Historical Market Energy Supply, Demand, and Cost Data
- U.S. Bureau of Labor Statistics Data
- Multifamily Implementation Data
- Industry Benchmark Data
- 2020 U.S. Census Data
Click to explore our data partners
How PropTech
IQ works
1
A proptech vendor inputs data points like number of units, capital expenditure per unit, operation expenditure per unit, and zip code into PropTech IQ.
2
Using our algorithm, industry data, and historical data, PropTech IQ generates an impact analysis report in minutes.
3
Vendors can then use these PDFs for outreach and as leave behinds.
4
Multifamily owners and operators can use the analysis within each report to make confident, informed decisions.