Multifamily underwriting your investors can check.
Upload the T-12 and rent roll. CMylestone builds the model, shows where every figure came from, and keeps your limited partners informed once the deal closes.
Sign in to CMylestone| Gross potential rentRent roll, 96 units | $1,382,400 |
|---|---|
| Vacancy and credit loss6.0% of rent | ($82,944) |
| Other incomeT-12, trailing twelve months | $41,500 |
| Effective gross income | $1,340,956 |
| Operating expensesT-12, taxes reassessed at the purchase price | ($612,400) |
| Net operating income | $728,556 |
| Going-in cap rateOn a $11,800,000 purchase price | 6.17% |
From the offering memorandum to the last distribution
- Read the documents
- Excel, CSV and scanned PDF statements are read line by line. A review screen shows each figure next to the cell it came from and flags units, leases and totals that don’t agree.
- Build the model
- Monthly cash flow with your own underwriting conventions, a value-add renovation plan, fixed or floating debt with prepayment terms, and property tax reassessed by county. Compare scenarios side by side before you commit.
- Send the package
- An Excel workbook with live formulas, a deal report, an investment summary, an offering memorandum and a letter of intent, each stamped with the analysis run that produced it.
- Run investor relations
- Offerings, commitments, capital calls and distributions in one ledger. Investors sign in to see their positions, notices and statements.
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