Multifamily Underwriting Platform
From rent roll to IRR in minutes.
A full multifamily pro forma in the browser — no Excel. Upload a rent roll and T-12, set your assumptions, and get IRR, the LP/GP waterfall, DSCR, and investor-ready exports.
Invite-only · 2FA-secured · every change audited
IRR
18.4%
EQUITY MULT
2.1×
DSCR
1.34
Cash-on-Cash by Year
Every assumption audited · Lender export ready
The model runs the moment you upload.
Live recalculation
Returns recompute live as you change assumptions — no formulas to wire.
Full LP/GP waterfall
Preferred return and promote tiers are built in and run automatically.
Audience-aware exports
The lender package excludes sponsor economics automatically — no manual scrubbing.
How it works
Three steps to a defensible pro forma.
1 · Upload
Drop in a rent roll and T-12 (CSV/XLSX). Columns auto-detect; an OM PDF can pre-fill assumptions.
2 · Assume
Set debt, equity, exit, and growth. Pref equity and the waterfall are built in.
3 · Underwrite
Get IRR, equity multiple, DSCR, cash flow, and the full waterfall — exportable per audience.
Security
Security and auditability, by default.
Nivora is invite-only with enforced two-factor access. Every deal change is logged, and each organisation's data is isolated at the database level.
2FA enforced
Full audit trail
Org isolation
Encrypted at rest & in transit
Ready to underwrite smarter?
Nivora is invite-only. Request access and we'll be in touch.
Request access