Congratulations—you’re preparing to sell your multifamily property! One of the most important (and sometimes overlooked) steps is deciding what to do next with your funds. Use this worksheet to organize your goals and create a plan you feel confident about.
Step 1: Clarify Your Goals
☐ Do I need immediate cash for living expenses or debt payoff?
☐ Do I want to generate steady income from investments?
☐ Am I planning to retire soon and need security?
☐ Do I want to reinvest into another property (1031 exchange)?
☐ Other goals: ___________________________________________
Step 2: Estimate Your Net Proceeds
Expected Sale Price: $__________________
Less Taxes & Closing Costs: $__________________
Remaining Mortgage Balance (if any): $__________________
Your Estimated Net Proceeds: $__________________
Step 3: Prioritize Your Options
Rank the following in order of importance (1 = most important):
- ☐ Pay down debt
- ☐ Build a savings/emergency fund
- ☐ Reinvest into another property
- ☐ Move into passive investments (REITs, funds, stocks)
- ☐ Secure retirement income (annuities, retirement accounts, etc.)
- ☐ Other: ___________________________________________
Step 4: Run the Numbers (Example Scenario)
- Option A: Cash Out
- Proceeds: $1,000,000 (one-time)
- Pros: Immediate liquidity, simplicity
- Cons: No future income stream, potential higher taxes
- Option B: Seller Financing at 6% for 20 Years
- Down Payment: $200,000
- Monthly Income: $5,733
- Total Over 20 Years: $1,575,920
- Pros: Long-term income, tax benefits, higher total proceeds
- Cons: Payments spread over time, buyer performance risk
Use the space below to sketch your own scenario:
- If I sell for: $__________________
- And reinvest into: ____________________________________
- My expected monthly/yearly return is: $__________________
Step 5: Next Steps
☐ Speak with a financial advisor about tax planning.
☐ Decide if seller financing or a 1031 exchange fits your goals.
☐ Set aside a portion for immediate needs.
☐ Create a long-term plan for security and income.
Final Note
This worksheet is meant to help you organize your thoughts. Always consult with your financial advisor or CPA before making major financial decisions.
👉 At The Multifamily Cash Buyer, we don’t just purchase properties—we help sellers feel confident about what comes next. If you’d like us to walk you through real examples tailored to your property, we’re here to help.