How It Works
Enter Property Address
Users may enter a property street address located anywhere in the United States.
Enter Property Characteristics
The tool relies on user descriptions of physical attributes and earnings potential.
Refine Income & Expenses
Users are able to make adjustments to a proforma income and expense statement generated from data analytics.
Get Cap Rate & Valuation
The tool displays an automated cap rate and valuation as well as a value based upon the user's projections.
It takes less than four minutes and is completely free!
Markets We Cover
It should be no surprise that cap rates are lower in Lincoln Park than in Humboldt Park, but beyond that current cap rates for apartments can be hard to determine.
Apartment Property Valuation accounts for the differences among the city's many submarkets, giving investors the insight needed to value multifamily and mixed-use properties no matter the part of town.
Population Change Affects Demand for Apartment Rentals in Illinois
Population growth is typically a positive sign for apartment owners, because it can lead to an increase in demand for housing. Users can see changes in population in Illinois using the tool below to analyze real estate market trends. The data provided shows the annual change for each city since 2010 (as reported by the US Census Bureau).
Education + Analytics
Dataspot Analytics LLC is a New York-based data science company that focuses on investment real estate. It offers insights to investors and industry participants looking to be on the pulse of local market conditions throughout the United States. Its valuation tools and educational materials provide users with real-time access to the vital information needed to make educated real estate decisions.
