Guided underwriting workspace

Property

Step 1 of 7 · Changes calculate instantly.

01 · Property

Start with the acquisition.

Enter the property and the cash required to put it into service. Every assumption can be revised later.

Property & acquisition Property address Purchase price$ Closing costs% Furnishing & setup$ Annual appreciation% Selling costs%

02 · Revenue

Build the top line.

Use a supportable ADR and booked-night assumption. The stress test will show what happens when either one changes.

Revenue assumptions

Live market data

Pull the current ADR and occupancy for the address in step 1, from comparable listings around it.

BedroomsBathsGuests

Average daily rate$ Booked nights / month Other monthly revenue$ Annual revenue growth%

03 · Expenses

Account for the cost to operate.

Separate revenue-based expenses from fixed costs so the model responds correctly when income changes.

Operating expenses Management% Platform fees% Maintenance reserve% Annual property taxes$ Annual STR insurance$ Monthly utilities$ Monthly HOA$ Other monthly costs$ Annual expense growth%

04 · Financing

Model the capital stack.

VaultSTR uses a fully amortizing mortgage payment with principal and interest.

Loan assumptions Down payment% Interest rate% Loan termYears

05 · Results

Read the base case.

Review the verdict, return metrics and year-one operating model before testing the downside.

VaultSTR Pro Forma

123 Maple Lane, Asheville, NC

Deal verdictDoes not pencil

The base case does not currently support the investment. Rework price, financing, or operating assumptions.

24/ 100

Cash-on-cash-0.3%

Cap rate6.3%

Year 1 cash flow-$397

5-year IRR2.7%

DSCR0.99x

Break-even occupancy63.0%

Year-one model

Gross revenue: $62,700
Operating expenses: $34,356
Net operating income: $28,344
Annual debt service: $28,741
Cash invested: $138,500

06 · Stress test

See what happens when the forecast moves.

Compare the five-year model and 25 ADR/occupancy combinations before relying on the base case.

Five-year cash flow

Revenue and expenses grow using your assumptions.

$6,777

Year	Revenue	Expenses	Cash flow
Year 1	$62,700	$34,356	-$397
Year 2	$64,581	$35,387	$453
Year 3	$66,518	$36,448	$1,329
Year 4	$68,514	$37,542	$2,231
Year 5	$70,569	$38,668	$3,160

DSCR sensitivity

ADR down/up the left; occupancy down/up across the top.

ADR ↓ / Occ. →	-20%	-10%	Base	+10%	+20%
-20%	0.42x	0.55x	0.67x	0.80x	0.92x
-10%	0.55x	0.69x	0.83x	0.97x	1.11x
Base	0.67x	0.83x	0.99x	1.14x	1.30x
+10%	0.80x	0.97x	1.14x	1.32x	1.49x
+20%	0.92x	1.11x	1.30x	1.49x	1.68x

07 · Finish

Turn the work into a client conversation.

Your assumptions and calculations are ready. Save the editable version on this device or create a branded PDF report.

Analysis complete

Your VaultSTR Pro Forma is ready.

Print/PDF includes the property assumptions, verdict, key metrics, five-year cash flow, sensitivity analysis and disclosure.

Planning model only. Verify revenue, expenses, financing, taxes, insurance, regulations and property facts with qualified local professionals before relying on this analysis.

Step 1 of 7