Re-forecast a project's returns against what you promised LPs

For Developers · also Family offices & private investors, REITs & asset managers

Underwrite this: [address] at our all-in cost of [budget], from the current T-12 and rent roll, over the remaining [number]-year hold. Where do returns land against the [target IRR] we targeted?

You give

The address; the T-12; the rent roll; all-in cost; the hold period in years; 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)