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How It Works

A 5-minute tour of a Realyze model.

We’ll walk you through what to type in, what comes out, and how to read the score. No spreadsheet experience required.

1

First decision

Pick the strategy that matches the deal.

Every investment style has its own pro forma. Each model is tuned for the metrics that strategy actually cares about — flips care about ARV and holding cost, rentals care about cash-on-cash and DSCR, STRs care about occupancy.

Fix & Flip

Short hold, sell

Single Family

Rent + hold

Small Multifamily

2-4 units

Short-Term Rental

Airbnb / VRBO

BRRRR

Recycle the cash

House Hack

Live in one unit

2

Step 2 — Inputs

Type in what you know. We’ve filled in the rest.

Every model comes pre-filled with a sample deal so you can see the shape of the answer immediately. Edit the numbers to match what you’re looking at — the scorecard on the right updates as you type.

Inputs

AcquisitionRenovationFinancingHoldingSale
Purchase Price$400,000
Closing Costs2.0%
Renovation Budget$50,000
Contingency10%
ARV$600,000

Defaults shown — edit any field to recalculate.

Live scorecard

78

SCORE

● GO

Net Profit

$48,210

31.2% ROI · 1.31x cash mult.

Edit an input on the left and watch this update in real time.
  • Tabs for each assumption type

    Acquisition · Renovation · Financing · Holding · Sale (or whichever applies). Skim them in order; you can always come back.

  • Sample deal pre-filled

    Defaults are sensible starting points — change them. You can’t break anything.

  • Save when you’re happy

    Sign in and the ‘Save Deal’ button adds it to your pipeline.

3

Step 3 — The Deal Score

One number from 0 to 100. Read it as a starting point, not a verdict.

The Deal Score combines the handful of metrics that matter most for the chosen strategy. Click “Why this score?” on any model to see exactly what made up the number.

79

DEAL SCORE

Why this score?
● GO · STRONG DEAL

Score breakdown (out of 100)

Cash Multiple52 / 65 pts
Margin of Safety18 / 20 pts
70% Rule9 / 15 pts

Heads up: the Deal Score is informative only. Pair it with risk checks and your local market knowledge.

  • Good depends on your market

    An 80 in San Diego may not be the same opportunity as an 80 in Indianapolis. Calibrate to your local context.

  • Color = verdict shorthand

    Green: strong deal. Amber: tight margins, worth a second look. Red: the math doesn’t work as drawn.

  • Don’t marry the score

    It’s informative, not a substitute for boots-on-the-ground judgment.

4

Step 4 — Risk Checks

What the math says when you stress-test the assumptions.

Risk Checks are the canaries in your pro forma. They’re narrower than the Deal Score — each one watches a single thing that can sink a deal — and they’re binary by design (good / caution / bad).

Risk checks

  • DSCR (post-refi)

    Stabilized NOI / debt service

    1.32x
  • Cash Returned

    % of acquisition cash recycled at refi

    78%
  • Reno % of ARV

    Higher = heavier rehab risk

    32%
  • Watch the reds

    Any single red doesn’t kill a deal, but two or more usually does. Investigate every one.

  • Markets differ

    An aggressive DSCR threshold in a stable market may be normal in a hot one. Treat checks as conversation starters.

  • They don’t cover everything

    Risks like neighborhood drift, inspection surprises, and contractor capacity sit outside the spreadsheet.

5

Step 5 — Take it with you

Print a PDF. Save your pipeline.

When the deal looks worth pursuing, download a 3-page PDF you can hand to a lender, partner, or your own future self. Sign in to save deals to your pipeline and pick up where you left off.

3-page PDF printout

79

Hero scorecard, KPI grid, cash flow chart, and the full assumptions you used. Print it, email it, or just keep a paper trail.

Your pipeline

72

112 Maple St — Flip

Analyzing
81

Oak Duplex (SFR)

Pursuing
88

Lakeview STR

Closed

Save deals to your pipeline, tag them by status, and filter by model. Free with a Realyze account.

  • Branded 3-page PDF

    Hero scorecard, KPI grid, full assumptions — formatted for printing or emailing.

  • Pipeline tracking

    Tag each deal Analyzing / Pursuing / Closed and filter by model. Comes free with a Realyze account.

  • Free during beta

    No credit card. Save unlimited deals. We’ll tell you well before that changes.

Tips before you start

Three habits new underwriters wish they’d picked up sooner

  • Always be conservative

    Better to be wrong on the upside. Trim 5% off ARV and rent assumptions; the deal should still work.

  • Compare against your market

    A 70 in a hot metro can be a great deal. The same 70 in a cash-flow market might mean a pass. Calibrate.

  • Run the same deal twice

    Once with your best-case numbers, once with realistic ones. If the realistic version still pencils, you have a deal.

Realyze — Real Estate Investment Analysis