Are you confident in the numbers behind your investment?
DEAL ANALYSIS & UNDERWRITING
Our proprietary equity analysis model will combine all of your assumptions (purchase price, interest rates, cash flows) in an easy-to-use interface, allowing you to forecast the potential profits and to answer the question – “is this really a good deal?”
Are you confident in the numbers behind your investment?
DEAL ANALYSIS & UNDERWRITING
Our proprietary equity analysis model will combine all of your assumptions (purchase price, interest rates, cash flows) in an easy-to-use interface, allowing you to forecast the potential profits and to answer the question – “is this really a good deal?”
Get a clear picture of the revenue that your deal will generate, starting with the current rent roll, and including your pro-forma rents after increases and improvements. Revenue also includes any future refinances, and eventual sale of the property.
Residential monthly cash flow analysis with turnover andrent growth assumptions;
Rent Roll by unit layout analysis;
Market rent study by condition, price per square foot and price per unit for comparable rented transactions;
Reversion analysis determined by going out cap rate;
Revenue Projections
Get a clear picture of the revenue that your deal will generate, starting with the current rent roll, and including your pro-forma rents after increases and improvements. Revenue also includes any future refinances, and eventual sale of the property.
Residential monthly cash flow analysis with turnover andrent growth assumptions;
Rent Roll by unit layout analysis;
Market rent study by condition, price per square foot and price per unit for comparable rented transactions;
Reversion analysis determined by going out cap rate;
Expense Projections
Learn what your expenses are likely to be, based on the property’s historical performance and expense comps in the market.
Historical income and expense study;
Property tax comparable study;
Property expenses study;
Expense Projections
Learn what your expenses are likely to be, based on the property’s historical performance and expense comps in the market.
Historical income and expense study;
Property tax comparable study;
Property expenses study;
Regulatory Requirements
What ramifications will there be from any rent regulations or tax abatements affecting the investment? This often-overlooked category may be the difference between a profitable investment and a huge mistake.
Tax abatement net present value of future tax savings analysis;
DHCR rent regulation study;
Regulatory Requirements
What ramifications will there be from any rent regulations or tax abatements affecting the investment? This often-overlooked category may be the difference between a profitable investment and a huge mistake.
Tax abatement net present value of future tax savings analysis;
DHCR rent regulation study;
Sources & Uses
How much will it cost you to do the deal, and how much should you budget for capital improvements?
Sources and uses model:
Closing cost analysis;
Price per door and price per square foot cost analysis
Equity to debt analysis:
Capital reserve budgets:
Exterior and deferred maintenance reserves;
Interior renovation reserves;
Tenant buyout reserves;
Tenant improvement and leasing commission reserves;
Lender Interest reserves:
Sources & Uses
How much will it cost you to do the deal, and how much should you budget for capital improvements?
Sources and uses model:
Closing cost analysis;
Price per door and price per square foot cost analysis
Equity to debt analysis:
Capital reserve budgets:
Exterior and deferred maintenance reserves;
Interior renovation reserves;
Tenant buyout reserves;
Tenant improvement and leasing commission reserves;
Lender Interest reserves:
How Much Will
They Lend?
The biggest question investors face is how much debt will the property support? Our debt model will estimate your acquisition and refinance debt.
Acquisition and refinance debt analysis with loan amortization schedules;
Debt service coverage, debt yield and mortgage constant analysis;
How Much Will They lend?
The biggest question investors face is how much debt will the property support? Our debt model will estimate your acquisition and refinance debt.
Acquisition and refinance debt analysis with loan amortization schedules;
Debt service coverage, debt yield and mortgage constant analysis;
Your Projected Returns
Get a handle on the appreciation and annual returns that be earned from the investment, and have the key metrics ready to show investors.
Levered vs. unlevered IRR analysis;
Equity multiple analysis;
Cash on cash return analysis;
Sensitivity analysis for appreciation;
IRR scenario analyses based on going-out cap rate:
Your Projected Returns
Get a handle on the appreciation and annual returns that be earned from the investment, and have the key metrics ready to show investors.
Levered vs. unlevered IRR analysis;
Equity multiple analysis;
Cash on cash return analysis;
Sensitivity analysis for appreciation;
IRR scenario analyses based on going-out cap rate:
Structuring the Deal with Your Investors
& Partners
See how to split the profit above a predetermined preferred return.
Four-tier waterfall model – GP LP equity contributions, preferred return hurdle, subsequent hurdle thresholds;
Structuring the Deal with Your Investors
& Partners
See how to split the profit above a predetermined preferred return.
Four-tier waterfall model – GP LP equity contributions, preferred return hurdle, subsequent hurdle thresholds;