Northgate Plaza - Underwriting Model.xlsx

Underwriting Model · filed May 27, 2020 · deal: Northgate Plaza
Tab: Summary
Summary
Going-in cap rate (T-3 NOI / purchase price)6.92%Purchase CAP Rate
Tab: Returns
Returns
Exit, year 6: sale at a 7.17% cap rate$7,530,000Expected Sale Proceeds
Cash-on-cash by year: Y1 5.6%, Y2 5.9%, Y3 6.1%, Y4 6.4%, Y5 6.6%, Y6 6.7%Projected Returns - Yearly (1-10?)
Levered IRR12.5%Expected IRR - Hold
Equity multiple1.88xExpected Equity Multiple - Hold
Hold period6 years (exit 2026)Expected Hold
Tab: Debt
Debt
Rate typeFixedLoan #1 - Floating or Fixed
Interest rate6.55% fixedLoan #1 - Rate
AmortizationAmortizing (30-year schedule)Loan #1 - I/O or Amortizing
Term7 yearsLoan #1 - Term
MaturityJune 14, 2027Loan #1 - Maturity Date
Tab: Capex
Capex
Capital budget: Roof $106,400; total $106,400Budgeted Capex (by category)
On file

Nothing is read from this document for the fields below: having it on file is the answer.

Answers: UW

A static rendering for this demo: the passages each deal-sheet value was read from, highlighted where they sit. In the application this link opens the filed document itself. Every name and figure on it is invented.

Static demo · synthetic data · read-only  ↩