FMAA PropConnex: Real Estate Case Competition
Built four DCF models and six-plus WACC frameworks to evaluate financing options across a 60+ asset property portfolio, stress-testing rental yields, cap-rate dynamics, and exit strategies.
- Role
- Team Member
- Organisation
- FMAA × PropConnex
- Location
- Melbourne, Australia
In a tight competition window I valued 60+ property assets, building four DCF models and six-plus WACC frameworks to test how different financing structures changed the answer.
Context
The case turned on financing. The same assets looked very different depending on capital structure and the cost of capital you assumed. Doing it properly meant valuing a lot of assets quickly without letting the analysis get sloppy.
Approach
I built four DCF models and six-plus WACC frameworks to compare financing options side by side, and valued 60+ property assets. That covered demand drivers, cap-rate dynamics, and exit strategies, plus stress-testing rental yields to see which structures held up in a worse market.
Result
- A like-for-like view of financing options across a 60+ asset portfolio.
- DCF and WACC work that tied each valuation back to a defensible cost of capital.
What I took from it
Cost of capital is not a footnote. Change the WACC and you change the recommendation. Competitions are a quick, honest way to practise getting that judgement right under time pressure.