Introduction

Hey everyone, Anton here with IntellCRE. Welcome to this quick tutorial where we’re going to show how you can use the Intel CR platform to create a new property with an analysis and how simple it is to do so.

Starting From the Pipeline

We are starting at the pipeline page here with all our deals.

In order to create a new property with an analysis, we’re going to navigate to an analysis. We’re going to start by typing in the property address and choosing the address from the drop-down list.

After we have the address, we’re going to click analysis.

Uploading Property Documents

In the very first prompt, we’re going to be able to upload any documents, such as an offering memorandum or financial documents like a rent roll or T12 profit and loss statement, or even an entire Excel model if we’re on the enterprise integration.

We also have the property type up here. In this case, we’re working with a multifamily property, and we’re going to upload the rent roll and upload the T12 in this step.

Once we have the documents uploaded, we’re going to click continue.

Property Section

There are four sections in the analysis form.

The first one is the property section where we can upload photos and customize things like additional photos of the property and property details.

We can provide our property description, highlights, area description, and area highlights, or we can have these AI generated.

Similarly, for the area photos and investment highlights, we also have the ability to upload attachments such as anything that we would like to have in a virtual deal room, and we can set different viewing privileges for these attachments.

Income Section

The second section is the income section.

As you can see, all the important data such as unit mix, current rents, and lease expirations have been automatically populated from the uploaded rent roll document.

Below the rent roll, we can edit all these numbers as needed.

Below the rent roll, we also have rent growth and vacancy assumptions that we can edit or work with on a more granular level if we enable the advanced options for income.

We then have the ability to provide other income adjustments.

We can search for rent comps, use the map view to cherry-pick rent comps, create our own rent comps, or even import our rent comp library.

Expenses Section

We then proceed to the third section, which is expenses.

As you can see, all these expenses have been populated automatically from the T12 document that we uploaded.

There are current and proforma expenses, and we can work with these or use our own assumptions for proforma expenses using any of the available bases here.

After we’ve set up our expenses, and for simplicity assuming there are no renovation or capex projects to factor in, we move on to the final section.

Value and Financing Section

The final section is value and financing.

Here we search for sales comps, and we can also use the map view with filters that help us narrow down our search and cherry-pick the right sales comps for this deal.

After we’re done cherry-picking our sales comps, we can save and close.

Assumptions and Financing Scenarios

We have acquisition and sale assumptions that we can configure, such as hold term, working capital, and more.

We can enable advanced options if we want to drill deeper into some of these assumptions.

Below the assumptions, we see the property value estimate, and we can easily change the value or the purchase price for the property.

We can factor in financing scenarios such as acquisition financing with a certain LTV, loan amount, down payment, interest rate, and other terms.

We can also factor in refinance scenarios, existing loans, and additional loans.

Advanced Analysis Options

Finally, we have advanced options such as sensitivity analysis for crucial assumptions, an equity waterfall, and the ability to include deal comments.

Creating the Analysis

Once we have reviewed the analysis form, we can click create analysis.

The system then creates the new property at this address, and we already have our first analysis for this property located in the analysis tab down here.

Conclusion

There you have it.

This is how you can create a new property with an analysis.

As you can see, it’s a matter of typing in the address, uploading documents such as financials for rents and expenses, reviewing rent comps and sales comps, and then creating the property and the analysis.

Thank you very much for watching this short tutorial, and see you in the next one.