Find the highest price you can bid and still hit your target
For Acquisition & investment teams · also Family offices & private investors
Underwriting
Underwrite this: [address] ([asset type], [number] units) from the attached T-12 and rent roll, asking [asking price]. What is the return and is the entry price right? Run the sensitivity on price, exit cap and rent growth, and tell me the highest price that still clears [target IRR] over [number] years.
- You give
- The address; the T-12; the rent roll; 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)
UnderwritingUse this workflow