Enter Property, Debt, and Cash Data
Use the form below to estimate gross and adjusted real estate net worth, leverage, liquidity, and income efficiency.
Example Data Table
| Scenario | Physical Market Value | Ownership % | REIT Value | Cash Reserves | Total Liabilities | Adjusted Net Worth |
|---|---|---|---|---|---|---|
| Diversified Investor | $1,450,000 | 100% | $85,000 | $60,000 | $920,000 | $588,000 |
| Joint Ownership Portfolio | $2,200,000 | 50% | $40,000 | $35,000 | $610,000 | $469,000 |
These are sample figures only. Your actual results depend on the values entered and the selling cost assumption.
Formula Used
| Metric | Formula |
|---|---|
| Owned Physical Value | (Primary + Rental + Commercial + Land) × Ownership Share |
| Gross Asset Base | Owned Physical Value + REIT Holdings + Cash Reserves |
| Selling Cost Amount | Owned Physical Value × Selling Cost Adjustment |
| Adjusted Asset Value | Owned Physical Value − Selling Cost Amount + REIT Holdings + Cash Reserves |
| Total Liabilities | Mortgages + Secured Debt + Taxes Due + Fees Due |
| Gross Net Worth | Gross Asset Base − Total Liabilities |
| Adjusted Net Worth | Adjusted Asset Value − Total Liabilities |
| NOI | Annual Rental Income − Annual Operating Expenses |
| Cap Rate | NOI ÷ Owned Income Property Value × 100 |
| Reserve Coverage | Cash Reserves ÷ Monthly Carrying Costs |
How to Use This Calculator
- Enter current market values for each property category and REIT holdings.
- Add the share you actually own if the assets are jointly held.
- Include cash reserves kept for the portfolio.
- Enter all mortgages, HELOC balances, taxes due, and related fees.
- Use selling cost adjustment to estimate a more realistic liquidation value.
- Add rental income and expenses if you want NOI and cap rate insights.
- Submit the form to view results above the calculator.
- Download the CSV or PDF summary after the calculation appears.
Frequently Asked Questions
1. What does this calculator measure?
It estimates real estate net worth by combining owned property value, REIT holdings, reserves, and liabilities. It also shows adjusted net worth after estimated selling costs, plus leverage and liquidity metrics.
2. Why is adjusted net worth lower than gross net worth?
Adjusted net worth subtracts estimated selling costs from owned physical property value. This creates a more conservative view that can better reflect what might remain after a sale.
3. Should I include jointly owned property?
Yes. Enter the full market values, then use the ownership share field to apply your actual percentage. That helps keep the result aligned with the portion you truly own.
4. Are REIT holdings treated the same as physical property?
No. In this model, REIT holdings are added directly as owned assets, while selling cost adjustments are applied only to owned physical real estate values.
5. What is loan-to-value in this report?
Loan-to-value compares secured debt against owned physical property value. A lower percentage usually indicates stronger equity protection and a less leveraged position.
6. How is reserve coverage calculated?
Reserve coverage divides portfolio cash reserves by monthly carrying costs. The result shows how many months the reserve could support the portfolio without new cash inflows.
7. Why does the calculator ask for rental income and expenses?
Those figures are optional but useful. They allow the calculator to estimate NOI and cap rate, which help connect balance sheet strength with income performance.
8. Can I use this for portfolio planning?
Yes. It is useful for comparing leverage, tracking equity growth, stress testing selling costs, and reviewing future net worth trends using an appreciation assumption.