Multifamily Deal ScreenerFor acquisitions and underwritingIs this deal worth a deep dive?
Drop the offering memorandum, or the rent roll and T12. In about a minute you know whether the deal meets your requirements, and the most you can pay.
- Pass or fail based on your deal requirements
- Get the highest price at which the deal works
- Edit deal assumptions, export to Excel
How it works
From the OM to a verdict in about a minute
- 1Drop the deal's documentsThe offering memorandum (a PDF), or the rent roll and the T12 (PDF, Excel, or CSV), or all three.
- 2The deal is underwritten for youRents from the rent roll, income and expenses from the T12, the loan, and a hold-period projection.
- 3See the verdictPass or fail against your IRR, cash-on-cash, and DSCR targets, and the highest price that still passes.
- 4Change anything, take it to ExcelEvery assumption is yours to edit, and the one-page model downloads with live formulas.
An example
Sample deal A: 363 units in Texas
The verdict is Pass, at a max price of $71.1 million ($195,881 a unit) on in-place NOI, a 6.61% going-in cap rate, a 15.0% levered IRR and a 1.31x lowest DSCR. The OM gave no asking price, so the screen priced it at the most that still passes.
Built from the property's own rent roll and T12 next to the OM. Every figure updates as you change an assumption.
What you get
A one-page underwriting model of every deal
The verdict against your targets
Your IRR, cash-on-cash, and DSCR requirements, each marked pass or fail.
The most you can pay
The highest price at which every target still passes, and the cap rate it implies.
Your actuals over the broker's
Add the property's rent roll and T12 and the screen uses them instead of the OM's figures.
The unit mix and the T12
From the rent roll extraction and the T12 extraction, checked against each document's totals.
Every assumption editable
Rents, expenses, the loan, renovation, and your targets. The verdict updates as you type.
The model in Excel
One page, every number a live formula, ready for your own underwriting.
Try it on your deal
Screen your own deal now
Drop the offering memorandum, or the rent roll and T12. You'll see the verdict, the most you can pay, and the full model in about a minute.
- Just your work email to start
- PDF, Excel, or CSV
- Your files are never sold or shared with marketers
Pricing
$99 a month, or $20 a deal
Start with your work email. With an account, your first 10 deal screens or documents are free. Screening only a few deals a month? Pay $20 a deal, with no subscription.
Or $20 a deal, with no subscription. With the Excel Add-In, $169 a month a person for both.
Create an account Or screen a deal firstQuestions & answers
The Multifamily Deal Screener, answered
What is a multifamily deal screener?
A first pass on a multifamily deal before full underwriting. QuickData's Deal Screener reads the offering memorandum, or the rent roll and the T12, builds a one-page underwriting model from them, and tells you whether the deal meets your return requirements and the most you can pay for it.
How do I quickly screen a multifamily deal?
Drop the offering memorandum, or the rent roll and T12, into the Deal Screener. In about a minute you see whether the deal hits your IRR, cash flow, and DSCR targets, and the most you can pay.
How does the Deal Screener find the most I can pay?
It prices the deal from today’s rents and the T12 at your cap rate, runs the loan and a hold-period projection, and finds the highest price at which every one of your targets still passes.
What if the offering memorandum has no asking price?
You still get the most you can pay and the cap rate it implies.
Can I change the assumptions?
Yes. Rents, expenses, the loan, renovation, and your targets are all editable, and the verdict updates as you type. You can download everything to Excel.
Which documents do I need?
The offering memorandum alone is enough, or a rent roll and a T12 without it. Add the property's actual rent roll and T12 beside the OM and the screen uses them instead of the broker's figures.
Which file types does the Deal Screener read?
The offering memorandum as a PDF; the rent roll and the T12 as PDF, Excel, or CSV.
Can I download the underwriting model to Excel?
Yes. You get a one-page Excel model of the deal with every number a live formula, including any assumptions you changed.
Does the Deal Screener replace full underwriting?
No. It tells you in a minute which deals are worth the deep dive, so your team spends its underwriting hours on the deals that can work.
Which properties does it work for?
US multifamily: apartment communities, from small buildings to large portfolios of units.
How much does the Deal Screener cost?
Try it with your work email. With an account, your first 10 deal screens or documents are free; after that it is $99 a month for each person, or $20 a deal with no subscription. A credit card is required to create the account, and nothing is charged until the first 10 are used. Together with the Excel Add-In it is $169 a month a person.
Is my deal data private?
Yes. Your documents and results are never sold or shared with marketers, and our AI providers do not train on them. Details are in our privacy policy.