T12 Template
A free Excel template to standardize any T12 into a clean, consistent format ready for underwriting. Paste in any T12 you receive, tag each line item to a standardized category, and get a clean condensed output ready to use.
What's Included
- Tag-based system to standardize any T12 format
- Built-in error checking to confirm your output matches the source
- Snapshot comparing T12, T6, and T3 performance
- Vacancy and bad debt trend chart
- Cap rate and per-unit metrics calculated automatically
A note on how we build.
Every tool and template on Model The Deal is intentionally simple. Unnecessary complexity gets in the way of understanding. Every formula is visible and nothing is hidden behind a black box.
We actively encourage you to open the model, follow the logic, and rebuild it yourself. While our goal is to give you a working template that is ready to go, it is also to build your understanding of how these calculations actually work.
This template is provided as-is. For general questions or feedback, please contact us.