Check whether a prior value still holds on the latest T-12

For Appraisers & valuation · also REITs & asset managers, Lenders & debt funds

Underwrite this: [address] at my prior value of [concluded value] from the attached latest T-12 and rent roll. Has NOI moved enough to change that value, and what cap rate does the prior value now imply?

You give

The address; the T-12 (latest); the rent roll; the concluded value (prior value)

You get

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