CRE Underwriting & Financial Modeling

Financial Modeling for Commercial Real Estate

Financial models, Excel tools, and step-by-step guides to analyze commercial real estate investments.

DealDuo

Turn a messy rent roll or T12 into clean Excel in seconds.

Rent Roll

Standardize any rent roll

  • Unit type accuracy: model detects bed/bath from row label
  • Consistent sorting: Unit Type > Sq Ft > Effective Rent
  • Two-tab export: unit-level detail plus summary
T12

Standardize any T12

  • Exported section and category totals reconciled against source T12
  • Every line item kept in its original order
  • One clean Excel tab, ready for underwriting
Both Tools

One subscription, full access

  • 3 free document cleans, no credit card required
  • Excel and PDF formats supported
  • Save cleaned files by property on paid plans
Templates

CRE focused Excel templates for acquisitions and asset management.

Underwriting

Multifamily Value-Add Acquisition Model

A complete underwriting model for value-add multifamily acquisitions, with a dynamic hold period, full LP/GP waterfall, and unit-by-unit renovation tracking.

Underwriting

Multifamily Rent Comp Template

Organize and compare local rent comps by unit type and condition, no dashboards, no clutter, just the data.

Underwriting

T12 Template

Paste any raw T12, tag your line items, and get a clean, formatted version ready for underwriting.

Tools

Run the numbers in your browser. No download or login required.

LIHTC Rent Calculator

Select a county, unit mix, and AMI brackets to calculate LIHTC gross and net max rents by unit type. Export as PDF.

Max Loan Calculator

Size a CRE loan to LTV, LTC, DSCR, or Debt Yield. Enter your deal inputs and get max proceeds instantly.

Market Snapshot

Get a quick snapshot of Fair Market Rents, vacancy, income, population growth, and unemployment for any county in the U.S.

Learn

Practical articles and tutorials focused on commercial real estate analysis.

What is a T12 in Real Estate?

Learn what a T12 is, what it includes, and how to standardize any T12 into a clean format ready for underwriting.