Prepare a BOV one-pager for one asset
BOV at Scale
The address; optional: the rent roll, the T-12 → Value range with comps and reasoning, in the assistant
Use this workflow →Workflows
337 workflows for the work you do
Each one is a prompt you can read: what you give, which products run in what order, and what comes back — a deck, a model, a memo, the records.Each one is a prompt you can read — what you give, what runs, what comes back.
By who you are
Build an owner call list for off-market multifamily in your territory
Scout
The area (city, county or drawn area); the asset type; size / budget band → Ranked shortlist against the mandate, with owners, in the assistant
Use this workflow →Underwrite a deal for a buyer client
Underwriting
The address; the T-12; the rent roll; the asking price → Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant
Use this workflow →WHAT ONE ACTUALLY RETURNS
Three workflows from the library, each on a real run. Watch it happen, then use the same prompt on your own deal.
Feasibility · 0:28
Price a land listing by what can be built on it
Feasibility
- You give
- The address or parcel
- You get
- What may be built, how much fits, and whether it pencils — residual land value, in the assistant
Underwriting · 0:32
Underwrite a deal for a buyer client
Underwriting
- You give
- The address; the T-12; the rent roll; the asking price
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant — often also memo (PDF)
Build your own
- 1Say the goal and who it's for
- 2Name what you'll give — an address, documents, an area
- 3Pick the products in order
- 4Save it for your team
Workflows that run Underwriting · 85 of 337 · All workflows
For
Stage
Asset
Underwrite a deal for a buyer client
For Brokers · also Acquisition & investment teams
Underwriting
Underwrite this: [address] at [asking price], from the attached T-12 and rent roll. What is the return and is the entry price right?
- You give
- The address; the T-12; the rent roll; the asking price
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →
Show a buyer the return at the asking price and at your counter
For Brokers · also Acquisition & investment teams
Underwriting
Underwrite this: [address] from the attached T-12 and rent roll. What is the return at the asking price of [asking price] and at [counter price], and is either entry price right?
- You give
- The address; the T-12; the rent roll; the asking price; counter price
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →
Test a marketed deal against your fund's return target
For Acquisition & investment teams · also Family offices & private investors, REITs & asset managers
Underwriting
Underwrite this: [address] at [asking price], from the attached offering memorandum, over a [number]-year hold. What is the return against our [target IRR] target and is the entry price right? Flag where the OM's assumptions look aggressive.
- You give
- The OM (PDF); the address; the asking price; your target IRR; 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)
ScreeningUse this workflow →
Find the highest price you can bid and still hit your target
For Acquisition & investment teams · also Family offices & private investors
Underwriting
Underwrite this: [address] ([asset type], [number] units) from the attached T-12 and rent roll, asking [asking price]. What is the return and is the entry price right? Run the sensitivity on price, exit cap and rent growth, and tell me the highest price that still clears [target IRR] over [number] years.
- You give
- The address; the T-12; the rent roll; the asking price; your target IRR; 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)
UnderwritingUse this workflow →
Re-underwrite a deal the seller just re-priced
For Acquisition & investment teams · also Family offices & private investors
Underwriting
Underwrite this: [address] at the new asking price of [asking price], from the attached T-12 and rent roll. What is the return against our [target IRR] target and is the entry price right now? Say what changed versus the previous ask.
- You give
- The address; the T-12; the rent roll; new asking price; your target IRR
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →
Underwrite a value-add business plan with its renovation budget
For Acquisition & investment teams · also Owner-operators & property managers, Lenders & debt funds
Underwriting
Underwrite this: [address] ([number] units) at [asking price], from the attached T-12 and rent roll, with a renovation budget of [budget] over the first two years and a [number]-year hold. What is the return and is the entry price right once the capex is in?
- You give
- The address; the T-12; the rent roll; the asking price; renovation budget; 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)
UnderwritingUse this workflow →
Produce the IC memo for a deal from the seller's financials
For Acquisition & investment teams · also Family offices & private investors, REITs & asset managers
Underwriting
Underwrite this for our investment committee: [address] at [asking price] over [number] years, from the attached T-12 and rent roll. What is the return against [target IRR] and is the entry price right? Include NOI, cap rate, DSCR, the sensitivity and a clear recommendation.
- You give
- The address; the T-12; the rent roll; the asking price; your target IRR; 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)
Investment committeeUse this workflow →
Test how much debt a deal can carry before you talk to lenders
For Acquisition & investment teams · also Lenders & debt funds, Owner-operators & property managers
Underwriting
Underwrite this: [address] at [asking price] with a loan of [loan amount], from the attached T-12 and rent roll. What is the return and is the entry price right? Show DSCR and debt yield at that loan amount and the largest loan the NOI supports.
- You give
- The address; the T-12; the rent roll; the asking price; the loan amount
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
FinancingUse this workflow →
Check that a bridge loan can be taken out by permanent debt
For Acquisition & investment teams · also Lenders & debt funds, Owner-operators & property managers
Underwriting
Underwrite this: [address] at [asking price] with a bridge loan of [loan amount], from the attached T-12 and rent roll. What is the return and is the entry price right? Show whether the stabilized NOI in year [number] supports a permanent loan that repays the bridge, and at what DSCR.
- You give
- The address; the T-12; the rent roll; the asking price; bridge loan amount; the years to stabilize
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
FinancingUse this workflow →
Re-underwrite an asset a year after closing for your investors
For Acquisition & investment teams · also Family offices & private investors, REITs & asset managers
Underwriting
Underwrite this: [address], bought for [asking price], from the attached trailing T-12 and current rent roll over the remaining [number] years. What is the return now against our [target IRR] target, and was the entry price right?
- You give
- The address; trailing T-12; current rent roll; purchase price as the asking price; your target IRR; 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)
ReportingUse this workflow →
Size a loan request at your LTV and DSCR limits
For Lenders & debt funds · also Acquisition & investment teams
Underwriting
Underwrite this loan request: [address], borrower asks [loan amount]. Size the debt at [percent] LTV and [ratio] DSCR from the attached T-12 and rent roll, show the debt yield, and say which constraint binds.
- You give
- The address; the T-12; the rent roll; the loan amount requested; the LTV and the DSCR limits
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →
Underwrite a bridge loan on a value-add business plan
For Lenders & debt funds · also Acquisition & investment teams
Underwriting
Underwrite this loan request: [address], a [loan amount] bridge loan over [number] years on the attached business plan, T-12 and rent roll. Show as-is and stabilized NOI, DSCR and debt yield, and whether the stabilized asset supports a takeout at [percent] LTV.
- You give
- The address; the T-12; the rent roll; the OM (PDF) or business plan; the loan amount; 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)
UnderwritingUse this workflow →
Stress-test DSCR and debt yield against rate and vacancy shocks
For Lenders & debt funds · also REITs & asset managers
Underwriting
Underwrite this loan request: [address], [loan amount] from the attached T-12 and rent roll. Run sensitivity on rate, vacancy and expenses and show where DSCR falls below [ratio] and where debt yield breaks.
- You give
- The address; the T-12; the rent roll; the loan amount
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →
Produce the credit memo and committee deck for a loan
For Lenders & debt funds
Underwriting
Underwrite this loan request for our credit committee: [address], [loan amount], size the debt at [percent] LTV and [ratio] DSCR from the attached T-12 and rent roll. Show NOI, DSCR, debt yield, LTV, sensitivity and a verdict.
- You give
- The address; the T-12; the rent roll; the loan amount; the LTV; the DSCR
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
Investment committeeUse this workflow →
Test whether a loan can refinance at maturity
For Lenders & debt funds · also Owner-operators & property managers, REITs & asset managers
Underwriting
Underwrite this loan request: [address], a [loan amount] balance maturing in [number] years, from the attached T-12. At today's rates, does the asset size a refinance of that balance at [percent] LTV and [ratio] DSCR, and how big is the gap if not?
- You give
- The address; the T-12; the loan amount outstanding; the years to maturity
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
FinancingUse this workflow →
Check that a permanent loan will take out your construction loan
For Lenders & debt funds · also Developers
Underwriting
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)
FinancingUse this workflow →
Re-test DSCR on a watchlist loan from its latest T-12
For Lenders & debt funds · also REITs & asset managers
Underwriting
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)
Asset managementUse this workflow →
Underwrite a value-add redevelopment with the renovation budget
For Developers · also Acquisition & investment teams, Family offices & private investors
Underwriting
Underwrite this: [address] at [asking price], from the attached T-12 and rent roll, with a [budget] renovation and a [number]-year hold. What does it return against [target IRR], and is the entry price right?
- You give
- The address; the asking price; the T-12; the rent roll; renovation budget; 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)
UnderwritingUse this workflow →
Underwrite a redevelopment on the bridge loan you want
For Developers · also Lenders & debt funds, Acquisition & investment teams
Underwriting
Underwrite this: [address] at [asking price] with a [budget] renovation, funded by a [loan amount] bridge loan, from the attached T-12 and rent roll. Does the deal carry that debt through the renovation, and what are the levered returns?
- You give
- The address; the asking price; the T-12; the rent roll; the budget; the loan amount
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
FinancingUse this workflow →
Size the permanent takeout on a stabilised project
For Developers · also Lenders & debt funds, Owner-operators & property managers
Underwriting
Underwrite this: refinance of [address], newly built and stabilised, from the attached T-12 and rent roll, with a [loan amount] permanent loan and a [number]-year hold. Does the income cover that debt, and what are the returns after the refinance?
- You give
- The address; the T-12; the rent roll; the loan amount; 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)
FinancingUse this workflow →
Re-forecast a project's returns against what you promised LPs
For Developers · also Family offices & private investors, REITs & asset managers
Underwriting
Underwrite this: [address] at our all-in cost of [budget], from the current T-12 and rent roll, over the remaining [number]-year hold. Where do returns land against the [target IRR] we targeted?
- You give
- The address; the T-12; the rent roll; all-in cost; the hold period in years; your target IRR
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
ReportingUse this workflow →
Re-underwrite a held asset at budget time against its carrying value
For REITs & asset managers · also Owner-operators & property managers, Family offices & private investors
Underwriting
Underwrite this: [address] at our carrying value of [asking price], from the attached trailing T-12 and current rent roll over the next [number] years. What is the return and is that carrying value right?
- You give
- The address; trailing T-12; current rent roll; 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)
UnderwritingUse this workflow →
Re-underwrite a portfolio hotel from its trailing twelve months
For REITs & asset managers · also Owner-operators & property managers
Underwriting
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)
UnderwritingUse this workflow →
Get a second opinion on a sponsor's deal before you invest as an LP
For Family offices & private investors
Underwriting
Underwrite this: [address] at [asking price] from the attached T-12 and rent roll, over the sponsor's [number]-year hold. What is the return and is the entry price right? Flag where the sponsor's pro forma looks optimistic.
- You give
- The address; the asking price (purchase price); the T-12; the rent roll; sponsor's pitch deck (optional)
- You get
- Returns, NOI, cap rate, DSCR, sensitivity and a verdict on the entry price, in the assistant Often also: memo (PDF)
UnderwritingUse this workflow →