Re-underwrite a portfolio hotel from its trailing twelve months

For REITs & asset managers · also Owner-operators & property managers

Underwrite this: [address] (hotel, [number] keys) at our carrying value of [asking price], from the attached T-12 over the next [number] years. What is the return and is that value right?

You give

The address; keys (the unit count); the T-12; carrying value as the asking price; the hold period in years

You get

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