Check that a permanent loan will take out your construction loan

For Lenders & debt funds · also Developers

Underwrite this loan request: [address] at stabilization, [number] units, from the attached projected rent roll. Size the permanent debt at [percent] LTV and [ratio] DSCR and say whether it repays a [loan amount] construction balance.

You give

The address; projected rent roll at stabilization; the construction balance

You get

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