Underwriting & Valuation

Crevanta turns a rent roll, T-12s and comps into a valuation you can defend and a BOV you can send — every figure traced to the document it came from.

  • Every figure cited to its source
  • Math on a deterministic engine
  • BOV plus a live Excel model

Start with the rent roll. Drop it in — Excel or PDF. Crevanta reads every unit and creates the property from it.

Illustrative walkthrough — Sundance Ridge Apartments and its figures are fictional.

What it does

  • The property, from its rent roll

    Units, floorplans, occupancy and loss to lease — measured from the rent roll’s own as-of date.

  • Financials, reconciled

    Every T-12 merged into one spread and coded to underwriting lines. Where documents disagree, you choose.

  • Comps with sources

    Rent and sale comps around the property, each one cited — or import your CoStar file.

  • A valuation you control

    Cap rates, growth by line and year, financing. Change one and it re-runs — same inputs, same answer.

  • Your buy box, tested

    IRR, DSCR, equity multiple and price per unit, checked against your own thresholds — pass or miss.

  • BOV and Excel model

    A branded Broker Opinion of Value and the model behind it, with live formulas — ready to send.

In detail

The property, read from its rent roll.

One upload creates the property — every unit, its rent and its lease dates — and the analytics follow.

  • Excel, CSV or PDF rent rolls — residential units or a commercial tenant roster
  • Unit mix by floorplan and by bedroom, occupancy, rents and loss to lease
  • Expirations and WALT measured from the rent roll’s own as-of date
  • A pro forma rent per floorplan sets gross potential rent
  • Upload a newer rent roll and the valuation re-runs on your saved assumptions
The Units tab: unit mix, occupancy and rents for a property

In and out

You bring

  • A rent roll — Excel, CSV or PDF
  • T-12s and operating statements
  • Comp files, such as a CoStar export (optional)
  • Your buy criteria, set once

You get

  • A property workspace: units, financials, location, market
  • A valuation with value-add and refinance scenarios
  • A pass or miss against your criteria
  • A branded BOV (PDF) and the Excel model

Questions

A rent roll. Statements, leases and comps can be added any time, and each one updates the property.

See it on one of your own deals — from the rent roll to the BOV.

Built for commercial real estate teams that want analysts analyzing — not reconstructing the deal.