Get a second opinion on a sponsor's deal before you invest as an LP

For Family offices & private investors

Underwrite this: [address] at [asking price] from the attached T-12 and rent roll, over the sponsor's [number]-year hold. What is the return and is the entry price right? Flag where the sponsor's pro forma looks optimistic.

You give

The address; the asking price (purchase price); the T-12; the rent roll; sponsor's pitch deck (optional)

You get

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