A few inputs in. A full underwrite out — cap rate, cash-on-cash, DSCR, true ROE, taxes, and an offer you can send. No more fragile spreadsheets.
Most investors run deals through a spreadsheet they half-trust, then make a six-figure decision on a gut feel. Pencilwrite replaces the whole ritual.
One dragged formula and your cap rate is off by 2 points — and nothing tells you. Stale tabs, copied errors, no audit trail.
Five tabs, five layouts, five definitions of "ROI." Lining up a rental against a flip means rebuilding the math every time.
You know the return you want, but not the price that hits it. So you anchor high, lowball, or walk from a deal that actually worked.
Cap rate, cash-on-cash, DSCR, GRM, the 1% test — and a true ROE that counts cash flow, principal paydown, and appreciation together. Not a guess. The whole picture.
Set the return you need — a target cap, cash-on-cash, DSCR, or monthly cash flow — and Pencilwrite solves for the maximum price that hits it. Walk into the negotiation knowing your ceiling.
Depreciation, cost-segregation bonus, REPS vs. passive treatment, after-tax cash-on-cash, and a 1031-deferral estimate — the lens that actually changes which deals you take.
Generate a letter of intent — cash, seller-finance, or creative — plus a clean one-page offer sheet, ready to print or PDF. The deal goes out while it's still hot.
Every property that crosses your desk has potential and a number where it works. The job is finding the fit, then running the math. Drop any deal in — Pencilwrite tells you the price that pencils.
Underwrite long-term cash flow, DSCR for the lender, and true ROE over a 30-year hold.
Model the rehab, the refinance, and exactly how much cash you pull back out.
70% MAO, holding costs, and net profit — know your number before you bid.
Find the spread, set the assignment fee, and hand a buyer a deal that pencils.
Type the address, the price, and the rent. Have a full underwrite — and an offer — before the listing agent calls you back.
Start underwriting