01
Build NOI from their numbers
No fantasy expenses.
Made for Property Managers
Walk a New Investor Through Cap Rate Without Letting Them Buy a Feel-Good Number
Also useful for: Realtors, people in Real Estate
35 min
Intermediate
Real Estate
Property Manager
Career outcome:
Avoid Professional Risk
Cap rate isn't a vibe. Walk them through NOI like adults.
We'll use them to write your prompt.
Completed ✓
Make Your Play
Give us the situation. We’ll build the prompt.
Investors buy on gross rent fantasies.
Your answers save as you type.
What you'll do
This is the plan inside your prompt. Add your details first. Then follow these steps with ChatGPT or Claude.
02
Cap rate and cash-on-cash
Two lenses.
03
Stress test
What breaks the deal.
04
Investor conversation script
They decide.
Make Your Play
Walk a New Investor Through Cap Rate Without Letting Them Buy a Feel-Good Number
Tell us what the prompt needs to know
Start with the questions below. Each answer personalizes the playbook and builds the prompt you’ll use at the end.
Your situation
Price, units, rent roll, condition, financing if known.
0/10000
Taxes, insurance, HOA, utilities, management, maintenance.
0/10000
Vacancy, capex reserve, target return, experience.
This playbook was updated. Review your inputs before copying.
What you'll do
Check a step when you finish it.
01
Build NOI from their numbers
No fantasy expenses.
02
Cap rate and cash-on-cash
Two lenses.
03
Stress test
What breaks the deal.
04
Investor conversation script
They decide.
Fill in the fields above to generate your prompt preview.
Assembled prompt
Beginner instructions
Fill the fields with this week’s real details. Incomplete notes beat invented polish.
Run the assembled prompt, answer follow-ups with specifics, then copy the deliverable into your own doc and verify names and numbers.
Advanced instructions
Add constraints the model can’t see: politics, licensing, cash timing, union rules, or family bandwidth.
After the first pass, ask it to attack the weakest assumption in the draft.
Use this when
An investor client asks if 8% cap is good, or they want to compare two rentals on different assumptions.
You'll need
- Property and purchase terms
- Operating expenses provided
- Investor assumptions and goals
You'll get
- A a cap rate walkthrough, expense reality check, and a go/no-go conversation script you can use without rewriting it from scratch.
By the end of this playbook
You will have:
- A a cap rate walkthrough, expense reality check, and a go/no-go conversation script you can use without rewriting it from scratch.
Examples
Progress 1 of 4