Re-underwrite a deal the seller just re-priced

For Acquisition & investment teams · also Family offices & private investors

Underwrite this: [address] at the new asking price of [asking price], from the attached T-12 and rent roll. What is the return against our [target IRR] target and is the entry price right now? Say what changed versus the previous ask.

You give

The address; the T-12; the rent roll; new asking price; your target IRR

You get

Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)