After several months of development, Real Property Metrics, Inc. is proud to introduce the latest version of our Microsoft Excel-based commercial real estate investment models. Below are some of the updates that we have been working hard on:
Operating Reserve Accounts
We have added Operating Reserve Accounts to each of our models in the ‘Cash Flow’ worksheets. Through these accounts you can now keep track of the reserve funds from your operating expenses and net them against Cap Ex or Leasing/Tenant Improvement Costs when they occur.
In the Commercial and Mixed-Use models, we have even built in the ability to auto-calculate the annual reserves, including caps on the reserve balances.
Cash on Cash Equity Investor Returns
Another significant change is the addition of Cash-on-Cash hurdles to the Equity Investor Returns waterfalls. While the previous versions have been based on IRR scenarios, each hurdle is now user-selectable between IRR and Cash-on-Cash returns.
In addition to these great new features, we have included several bug fixes and formatting improvements. We hope you enjoy using our models. As always, if you have a current subscription or would like to try them free for 7-days, please download the new models here: http://realpropmetrics.com/freetrial/download/.