Re-run a report's income approach from the same T-12 and rent roll

For Appraisers & valuation · also Lenders & debt funds

Underwrite this: [address] at [concluded value] from the attached T-12 and rent roll. What NOI and cap rate come out of these financials, and does the value in the report under review hold up?

You give

The address; the T-12; the rent roll; the concluded value (the report's value)

You get

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