Test a marketed deal against your fund's return target
For Acquisition & investment teams · also Family offices & private investors, REITs & asset managers
Underwriting
Underwrite this: [address] at [asking price], from the attached offering memorandum, over a [number]-year hold. What is the return against our [target IRR] target and is the entry price right? Flag where the OM's assumptions look aggressive.
- You give
- The OM (PDF); the address; the asking price; your target IRR; the hold period in years
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
ScreeningUse this workflow