Easy & Simple Process
Address + Income – Expenses = Offer
Give us your property address
Tell us about the properties Income and Expenses (read below)
Get a FREE no obligation cash offer today.
We close at a local reputable escrow/title company, cash in your hands in as little as 7 days
…. keep scrolling down to find out how we calculate your offer… 👇
HOW IS THE CASH OFFER CALCULATED?
This is what everyone wants to know… how much will we pay for their apartment building. Once you provide your address, income and expenses we begin getting your offer together. Look below to see how our offer is calculated.

Fair Cash Offer On Your Apartment Building starts with your Monthly Net Income!
You may be thinking… my property is vacant, or I don’t have all that information right now, or I don’t have any clue what my rents or expenses are/were. Don’t worry… just give us your best guess. If you truly don’t remember then we just need a little more time to calculate what the market would dictate for those figures.
If all your units are rented out in your building/property then you add all the rents received in the last 12 months and divide it by 12 to get your average Monthly Rents. If you have vacant units we will base the monthly rents on what they were previously rented out. We will assume for our example that monthly rents for all the units combined were $6,000.

Expenses are broken up into two categories. Monthly expenses that occur every year/month . First we add up all your expenses for the prior 12 months and divide it by 12 to get the average monthly expenses. Things that may be included in your monthly expenses would be repairs, maintenance, gardener, gas, electricity, water, sewer, insurance, property management fee, vacancy figures. Let’s assume the monthly expenses are $2,775.00.

We have the monthly rents at $6,000 and the monthly expenses at $2,775. The Monthly Net Income = $3,225.

When purchasing an Apartment Building we base our criteria for purchase on being able to cashflow $100 per month per $100,000 of mortgage with carrying a 30 year fixed rate mortgage at 5.5% with 20% down payment. In our example we would purchase the apartment building for $600,000 with a mortgage of $480,000. The monthly payment would be $2,725 per month. Monthly Net Income – mortgage payment = $3,225 – 2,725 = Positive Cash Flow $500 per month.

Now we know the property has some cash flows per month we need to determine what the up front cost is to handle big ticket items called Capital Expenditures. Capital Expenditures are expenses that happen less than once a year. Examples of these would be replacing the roof, windows, painting, sewer line replacement, replace galvanized plumbing, flooring, kitchen cabinets/countertops, fixtures, etc. Let’s assume that the property immediately needs a new roof ($15,000) and one units needs a new kitchen ($10,000) and paint ($3,500). Total Capital Expenditures = $28,500.

Cash offer for your Apartment Building would be…


What can you make if you sold your apartment building on the open market?
Your sale price would be reflect the amount you may get minus any request for repairs or deferred maintenance any inspections may come up with as well as any commissions paid to an agent. The property may sell for $725,000, less $43,500 in agent commissions, less closing costs $14,500, less capital expenditures $28,500, less additional repairs and termite inspection of $20,000. Net sale price would be $618,500.


Who buys apartment buildings fast in Rancho Cucamonga? We are honest and upfront apartment buyers… and we will let you know that you will almost always get MORE money listing your apartment building on the open market…. but it takes patience, months and some extra money.
If you want to get a cash offer from us… please complete the form below

Diamond Home Buyers Inc., is a dependable and safe company to work with in selling your apartment building in as few as 7 days. If you need longer, we can make that work too. We are your Professional Property Buyer, and we will buy your Apartment Building today for cash! We buy As-Is with Fast Fair Cash Offers, No Commissions, No Closing Costs, No showings to Multiple Buyers disturbing tenants, and no more Dealing with Your Bank. We can be your First and Last Buyer you will ever have to deal with… we make it EASY!