The platform behind the analysis.
Multi-format document ingestion — rent rolls, leases, OMs, T-12 statements. Structured outputs: DSCR, debt yield, cap rate comps, and traceable rent roll data your lender, IC, and deal team can actually use.
Document ingestion that handles real-world messiness.
Rent rolls arrive as PDFs with merged cells and missing column headers. Leases are scanned TIFFs with handwritten annotations in the margins. OMs are formatted for broker marketing, not underwriting — which means the T-12 is on page 47 and the expense growth assumption is a footnote.
Tenantvein is not a document management system and not a general-purpose OCR tool. The ingestion layer is purpose-built for CRE underwriting documents: it accepts PDF, Excel/CSV, Word, and image-based scans and normalizes output into the specific data model CRE underwriting requires.
What Tenantvein models.
Every calculation an underwriter needs — automated, verified, and traceable.
Rent Roll Structuring
Extract unit mix, lease dates, current rents, and vacancy status from any source document.
Lease Term Extraction
Key dates, options, rent steps, TILR, and NNN/gross classification — standardized across every lease.
Cap Rate Benchmarking
Comparable sale comps mapped to your submarket and asset class, with current cap rate range.
DSCR Calculation
Debt service coverage modeled from live NOI, interest rate, amortization, and LTV inputs.
Debt Yield Analysis
Debt yield as a lender-side underwriting metric, calculated alongside DSCR for full coverage picture.
Vacancy & Concession Adjustments
Economic vacancy vs. physical vacancy, free rent periods, and TI/LC reserves modeled into NOI.
Outputs your team actually uses.
Export structured rent roll data to Excel with one click — column-mapped and model-ready, not a raw export that needs reformatting. Deliver clean JSON to your LOS or pro forma model. Share a deal memo view with your IC or lender without touching the formatting.
Every figure links back to the source document line. When your lender asks where the DSCR number comes from, you can show them — page and section.
Works with your existing stack.
Tenantvein sits alongside the tools your team already uses — Yardi, MRI, ARGUS, and Excel. No rip-and-replace. The output drops into your existing model.
See Tenantvein on a live deal.
Talk to our team — we'll walk through the platform on an asset class you're actively underwriting.
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