Decide whether renovating units on turnover pays back
For Owner-operators & property managers · also Family offices & private investors
Market RentUnderwriting
What is the fair market rent for [size] SF of renovated [use] space at [address]? Then underwrite the renovation from the attached T-12 and rent roll, using that renovated rent and a budget of [budget] — what is the return on the renovation?
- You give
- The address; the T-12; the rent roll; renovation budget
- You get
- Fair market rent, $/SF/year and per month, with the leases behind it, in the assistant
- Then
- Underwriting — ask for it in the same conversation once step 1 is done
UnderwritingUse this workflow