Commercial real estate underwriting
in minutes, not hours.
Source-linked deal analysis, AI memo drafts, and lender-ready report packages from one workflow. Deterministic engine. Every number traces to an input.
Houston Retail · NNN Single-Tenant
engine v0.2.0 · computed just now
Illustrative figures for demonstration. Your numbers will reflect your inputs.
Input address, purchase price, rent roll, expenses, and financing. Commercial NNN, gross, modified gross, and absolute net leases are handled directly.
Deterministic math computes NOI, cap rate, DSCR, IRR, cash-on-cash, and debt yield. Every output cites its formula and input.
AI memo drafts, source coverage, and a branded PDF in one of six profiles. Push to CRM, share via secure link, or hand to a lender.
Reverse-solve the highest price you can pay.
Tell us your target IRR, cap rate, DSCR, debt yield, or cash-on-cash. The engine reverse-solves the highest price you can pay and still hit your target. Closed-form solver for cap, debt yield, DSCR, and cash-on-cash. Brent solver for IRR. See which constraint binds.
Solvers
- Cap rateLive
- Debt yieldLive
- DSCRLive
- Cash-on-cashLive
- IRR targetLive
Every solver reports which constraint binds, so you know exactly what’s capping your offer.
Lender readiness across six profiles.
Every deal is scored against six published lender profiles. Pass, warn, or fail per profile, with the binding constraint named explicitly. Thresholds are public norms, not bank-specific commitments.
CMBS — Stabilized Retail
- DSCR
- >= 1.25
- Debt yield
- >= 9.0%
- LTV
- <= 70%
Life Co — Stabilized Retail
- DSCR
- >= 1.30
- Debt yield
- >= 9.0%
- LTV
- <= 65%
Bank — Stabilized Retail
- DSCR
- >= 1.25
- Debt yield
- >= 8.5%
- LTV
- <= 70%
SBA 7(a) Owner-Occupied
- DSCR
- >= 1.20
- Debt yield
- >= 8.0%
- LTV
- <= 85%
Fannie Mae Small Balance Multifamily
- DSCR
- >= 1.25
- Debt yield
- >= 7.0%
- LTV
- <= 80%
Freddie Mac SBL Multifamily
- DSCR
- >= 1.20
- Debt yield
- >= 7.0%
- LTV
- <= 80%
Scorecard reference: packages/reporting/src/readiness.ts.
Six report profiles. Five themes. Your branding.
Investor Memo, Lender Package, Committee Memo, Agency Readiness View, Lease Abstract Appendix, and Commercial OM. Pair any profile with one of five themes: Modern Institutional, Warm Premium, Bold Contemporary, Classic Conservative, or Minimal Editorial.
See an example from each profileProperty maps on every report.
Every report includes a property-location map. We use Mapbox under our enterprise plan; your deal data never touches a generic map provider.
- Provider
- Mapbox (enterprise)
- Data handling
- Never logged to third parties
- Map types
- Location + aerial
- Included in
- All six report profiles
Every deal you underwrite makes the platform smarter.
Outcome capture asks what actually happened on day 7 and day 30. Variances feed back into peer benchmarks. Opt-in; off by default.
Every number traces to an input. AI assists, the engine decides, you remain responsible for review and verification.