UnderwriteMultifamilyDealsinMinutes,NotDays
Professional-grade proforma modeling, scenario analysis, and team collaboration — built for modern real estate investors.
Everything You Need to Close
with Confidence
Instant Proforma Generation
Build detailed 10-year proformas with NOI, cash-on-cash, cap rate, DSCR, IRR, and equity multiples — updated in real time as you adjust inputs. Toggle between simple expense ratios or granular line-item breakdowns across 11 expense categories and 8 income categories.
Model Every Outcome
Create unlimited scenarios per deal. Adjust financing, rents, expenses, and exit assumptions — then compare them side by side to find the best path forward.
Waterfall Modeling That Actually Works
Configure GP/LP splits, preferred returns (simple or compound accrual), catch-up provisions, and multi-tier promote structures with IRR or equity multiple hurdles. See exactly how distributions flow at every tier — with full LP and GP IRR, equity multiples, and promote calculations.
Upload a T-12, Get a Proforma
Drop in rent rolls and operating statements. Our AI extracts the data and auto-populates your underwriting model — no manual entry required. Powered by GPT, it handles messy spreadsheets and scanned documents alike.
Instant Deal Intelligence
Every deal gets an A–F grade based on its financial metrics. Get AI-generated insights highlighting strengths, risks, and how the deal stacks up — so you can focus your time on the opportunities that matter.
Model the Value-Add
Plan multi-phase renovations with hard/soft cost splits, contingency budgets, rent bumps, and vacancy impact during construction — all flowing into your proforma. Stagger phases over multiple years and see exactly how each renovation impacts NOI and returns.
Plan Your Refi with Precision
Model a refinance event at any year in your hold period. Set new loan terms, rates, and amortization — and see exactly how the proceeds, new debt service, and updated cash flows impact your overall returns.
Track Every Deal in Your Pipeline
Visualize your deal flow with a Kanban-style pipeline board. Drag deals between stages — Draft, Active, Under Review, Closed, Dead — and see your portfolio metrics at a glance.
Research Properties and Markets in One Place
Look up any address and pull property details, sale history, and tax data. Get rent estimates and track market trends across your target metros — all without leaving Underwritr.
Your Deal Rolodex, Built In
Keep a database of your investors, lenders, brokers, and attorneys. Track contacts, notes, and relationships — so when it’s time to close, your network is one click away.
Underwrite as a Team
Invite analysts, partners, and stakeholders with role-based permissions (Owner, Admin, Editor, Viewer). Comment on deals with @mentions, see who’s viewing in real time with presence indicators, and prevent conflicts with automatic edit locking.
Cap rate looks aggressive — can we run a 6% exit?
@sarah Good call. Created a new scenario.
Export-Ready Reports in One Click
Generate polished, multi-page PDF reports with your company logo, full proforma projections, key metrics, scenario summaries, and waterfall distributions — ready to share with investors, lenders, or your investment committee.
Simple Pricing for
Serious Investors
Free
Get started with the basics
- Up to 3 active deals
- Proforma modeling (basic)
- PDF export
- 1 team member
Pro
For serious investors
- Up to 50 deals
- Up to 10 team members
- AI document parsing
- AI deal insights & grading
- Scenario comparison (up to 10 per deal)
- Waterfall modeling
- Advanced proforma with line items
- PDF export
- Priority support
Enterprise
Scale your operations
- Everything in Pro
- Unlimited deals
- Unlimited team members
- Unlimited scenarios per deal
- Unlimited investors, markets, professionals
- API access
- Custom company branding on PDF exports
- Priority support
Frequently Asked Questions
Stop Guessing.
Start Underwriting.
Join investors who are closing better deals with better data.