Commercial Real Estate & Finance

Financial Modeling for Real Estate & Finance

Financial models, Excel tools, and step-by-step guides to analyze real estate and financial decisions.

Templates

Financial models built for real deal analysis.

Download-ready Excel templates for acquisitions, development, and asset management. Free and ready to use.

Free

T12 Template

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

Free

Max Loan Calculator

Size a CRE loan across four constraints: DSCR, LTV, LTC, and Debt Yield. Download the free Excel version or use the online calculator.

Tools

Free interactive calculators for real deal analysis.

Run the numbers right 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.

Cap Rate Calculator

Calculate cap rate, property value, or NOI instantly. Enter any two values to solve for the third.

Learn

Learn the fundamentals behind every deal.

Short, practical reads on commercial real estate, finance, and the modeling techniques behind real investment decisions.

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.