All ten property types live

Underwriting your firm can defend, from the files you already have.

Ledgerline reads the rent roll your broker sent and, with your price, debt and growth assumptions, builds the full model — NOI, debt, cash flow, IRR, sensitivities. In the Excel export every subtotal is a live formula, so the number you present is one you can trace.

No card required. Every property type unlocked during the trial.

Maple Ridge Apartments

100 units · Columbus, OH · 5-year hold

Model current

Year 1 NOI

$1,046,042

Going-in cap

5.65%

Levered IRR

13.90%

Equity multiple

1.83x

Min DSCR

1.59x

Real output from the sample deal any account can load in one click.

$1 / 1bp

Validation tolerance against your own Excel model

5,700+

Automated tests, including an independent math audit across all ten property types

3 layers

Independent controls enforcing tenant isolation

Built for the parts of underwriting that actually take time

Not a calculator with a nice skin. The pieces below are the ones that make a model slow to build and risky to trust.

Excel in, model out

Drop in the rent roll your broker sent. Columns are detected automatically, then you confirm every mapping before a single number reaches the engine.

A real underwriting engine

Rent roll to NOI to levered IRR, with monthly amortization, interest-only periods, DSCR and debt yield tests, and a sensitivity grid where every cell is a full model run.

Validated against your own model

Paste the numbers from the spreadsheet you already trust. Every line you paste is compared with the model's own figure, and any difference above $1, or one basis point on a rate, is flagged.

Scenarios and version history

Save a base case, run a downside, compare them side by side, and restore any earlier version without losing the history in between.

An audit trail the app cannot rewrite

Who changed which assumption, from what to what, and when. The application's database account has no permission to change or delete an entry.

Isolation you can verify

Every deal belongs to one firm. Enforced in the query layer, again by PostgreSQL row-level security, and checked by a test suite that tries to break it.

Every asset class, each with its own logic

A hotel is not an apartment building with different labels. Each property type gets the revenue build its asset class actually uses. All ten are available now.

Multifamily

Unit mix, loss to lease, concessions

Available now

Office

Recoveries and weighted rollover

Available now

Retail

Percentage rent and co-tenancy

Available now

Industrial & Flex

Triple net, light TI

Available now

Hospitality

ADR, RevPAR, FF&E reserve

Available now

Self Storage

Economic occupancy and ECRI

Available now

Senior Housing

Care levels and acuity fees

Available now

Medical Office

Long terms, heavy build-outs

Available now

Mixed Use

Components priced separately

Available now

Land & Development

Draws and capitalized interest

Available now

Pricing

Every plan starts with a 14-day free trial. No card up front.