Re-test DSCR on a watchlist loan from its latest T-12

For Lenders & debt funds · also REITs & asset managers

Underwrite this loan request: [address], [loan amount] outstanding, from the attached latest T-12. What are NOI, DSCR and debt yield today, is DSCR above our [ratio] covenant, and what vacancy or rate move would breach it?

You give

The address; latest T-12; the loan amount outstanding; covenant DSCR

You get

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