Underwrite the building next door that its owner offered to sell you

For Owner-operators & property managers · also Acquisition & investment teams

Underwrite this: [address] at [asking price] from the attached T-12 and rent roll. What is the return and is the entry price right? I own the building next door, so assume shared on-site management.

You give

The address; the asking price; the T-12; the rent roll

You get

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