Check that a bridge loan can be taken out by permanent debt

For Acquisition & investment teams · also Lenders & debt funds, Owner-operators & property managers

Underwrite this: [address] at [asking price] with a bridge loan of [loan amount], from the attached T-12 and rent roll. What is the return and is the entry price right? Show whether the stabilized NOI in year [number] supports a permanent loan that repays the bridge, and at what DSCR.

You give

The address; the T-12; the rent roll; the asking price; bridge loan amount; the years to stabilize

You get

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