Looking to step up your investment game with more detailed underwriting? With this triple net (nnn) real estate underwriting template, you’ll quickly be able to determine whether or not a deal makes sense as an investment. Simply input the Net on Investment (NOI) of the asset, purchase price and closing costs, anticipated rent increases, your anticipated mortgage costs, and any other operating expenses (if any) to calculate the potential investment’s cash on cash and internal rate of return. This spreadsheet is designed to work on any triple net investments.

About This Model:

• Excel file that will be emailed directly to you upon purchase

• Input project assumptions in the blue boxes

• Use for single tenant net lease investments (could also be used for multi-tenant net lease deals but the Commercial Spreadsheet may be better for that)

• Input project numbers, determine investor returns, and see what a cost segregation study could do for this project (these are only assumptions and you will need to consult a cost seg specialist)

• Simple format, easy to use and understand quickly
  

Watch us underwrite a triple net investment live with this spreadsheet: