Cross-check the income approach against the sales comparison range

For Appraisers & valuation · also Lenders & debt funds

Find comps for [address] ([asset type], [size]): comparable sales nearby with adjustments and the resulting range. Then underwrite this: [address] at the midpoint of that comps range from the attached T-12 and rent roll — what NOI and cap rate does that value imply?

You give

The address; the T-12; the rent roll

You get

Comparable sales with adjustments and the resulting range, in the assistant

Then

Underwriting — ask for it in the same conversation once step 1 is done