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Multifamily

Multifamily underwriting, automated.

Rent rolls, unit mix, concessions, and value-add modeling — extracted from any document format and ready for your IC deck.

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Modern mid-rise multifamily residential building exterior in an urban setting, clean architectural photography
The Challenge

Multifamily data is locked in poorly formatted rent rolls.

Sellers deliver rent rolls in dozens of different formats — some Excel with merged cells, some PDF scans, some printed and re-scanned. Manually re-keying unit-level data, cleaning concession fields, and mapping in-place rents against LRO market rents takes hours and introduces errors at the worst possible moment in the diligence timeline.

We are not a full underwriting model or a pro forma builder. Tenantvein handles the extraction — clean unit-level data, ready to drop into your existing model.

Time Saved

~40 hrs

per deal cycle

Accuracy

Traceable

Every figure links to source

What Tenantvein Does

How Tenantvein helps with multifamily deals.

Unit-Level Rent Roll Extraction

Structured unit-level data — unit number, type, sq ft, current rent, lease expiration — extracted from any PDF or Excel source.

In-Place vs. Market Rent Analysis

LRO market rent vs. in-place rent delta per unit type, concession burn schedule, and stabilized NOI upside at projected unit turnover. OpEx ratios benchmarked to asset class norms (30–40% for multifamily).

DSCR, Debt Yield & Cap Rate

Debt service coverage ratio and debt yield calculated from live NOI and loan assumptions. Cap rate comps sourced from recent multifamily trades in your submarket, with price-per-unit normalization across unit-mix class.

Sample Rent Roll Output

A representative extract of Tenantvein's structured output. Every row is traceable to its source document.

UnitTypeSq FtCurrent RentMarket RentLease Exp.Status
1011BR/1BA720$2,450$2,6002025-09-30Occupied
1021BR/1BA720$2,200$2,6002025-06-30Below Market
2012BR/2BA1,050$3,800$3,9002026-01-31Occupied
2022BR/2BA1,050$3,900Vacant
3013BR/2BA1,340$5,100$5,2002025-12-31Occupied

See it on your next multifamily deal.

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