# \#underwriting **URL:** https://kb.cremodels.com/tag/underwriting/6.md [Latest](https://kb.cremodels.com/latest.md) · [Categories](https://kb.cremodels.com/categories.md) · [Tags](https://kb.cremodels.com/tags.md) --- ## [Waterfall Tutorial](https://kb.cremodels.com/t/waterfall-tutorial/662)
**Author:** [@AdamKelly](https://kb.cremodels.com/u/AdamKelly)\ **Replies:** 0\ **Last updated:** [February 14, 2025, 6:44pm UTC](https://kb.cremodels.com/t/waterfall-tutorial/662 "2025-02-14T18:44:36Z")
Purpose The purpose of this post is to explain the key features of the Waterfall Assumptions which is found standard in the majority of CREModels Excel-based underwriting templates. This guide will explain how to set up… --- ## [Multi-Family Acquisition: Acquisition Loan](https://kb.cremodels.com/t/multi-family-acquisition-acquisition-loan/642)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 2:53pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-acquisition-loan/642 "2023-07-14T14:53:01Z")
Purpose The purpose of this post is to outline the key functions of the Acquisition Loan in CREModels Multi-Family Acquisition model. These features should be universal across all acquisition models unless noted otherwi… --- ## [Multi-Family Acquisition: Income Growth](https://kb.cremodels.com/t/multi-family-acquisition-income-growth/643)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 3:18pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-income-growth/643 "2023-07-14T15:18:40Z")
Purpose The purpose of this post is to outline the key functions of the Income Growth Assumptions in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless note… --- ## [Multi-Family Acquisition: Unit Mix](https://kb.cremodels.com/t/multi-family-acquisition-unit-mix/644)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 3:30pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-unit-mix/644 "2023-07-14T15:30:28Z")
Purpose The purpose of this post is to outline the key functions of the Unit Mix in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted otherwise. Ove… --- ## [Multi-Family Acquisition: Pro Forma](https://kb.cremodels.com/t/multi-family-acquisition-pro-forma/645)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 3:42pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-pro-forma/645 "2023-07-14T15:42:50Z")
Purpose The purpose of this post is to outline the key functions of the Pro Forma feature in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted otherw… --- ## [Multi-Family Acquisition: Purchase Price & Acquisition Costs](https://kb.cremodels.com/t/multi-family-acquisition-purchase-price-acquisition-costs/646)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 3:46pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-purchase-price-acquisition-costs/646 "2023-07-14T15:46:13Z")
Purpose The purpose of this post is to explain how to use the Purchase Price and Acquisition Costs in CREModels’ Multifamily Acquisition Model. This post will address how to properly input the Purchase Price and Closing… --- ## [Multi-Family Acquisition: Renovation Costs](https://kb.cremodels.com/t/multi-family-acquisition-renovation-costs/647)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [July 14, 2023, 3:53pm UTC](https://kb.cremodels.com/t/multi-family-acquisition-renovation-costs/647 "2023-07-14T15:53:30Z")
Purpose The purpose of this post is to outline the key functions of the Renovation Costs feature in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted… --- ## [Hotel Acquisition: Pro Forma Assumptions](https://kb.cremodels.com/t/hotel-acquisition-pro-forma-assumptions/651)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [July 31, 2023, 3:54pm UTC](https://kb.cremodels.com/t/hotel-acquisition-pro-forma-assumptions/651 "2023-07-31T15:54:10Z")
The Pro Forma Assumptions section is where the user can input all income and expenses assumptions for the analysis. These values will be displayed on the Pro Forma report. The first section of blue inputs in the Pro For… --- ## [Hotel Acquisition: Occupancy & Revenue](https://kb.cremodels.com/t/hotel-acquisition-occupancy-revenue/650)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [July 31, 2023, 3:45pm UTC](https://kb.cremodels.com/t/hotel-acquisition-occupancy-revenue/650 "2023-07-31T15:45:48Z")
The Occupancy & Revenue Assumptions section will be used to project monthly occupancy and Rooms Revenue. To use general assumptions: select “Use Averages” in the dropdown at the top of the first table. The Hotel Open Mo… --- ## [Hotel Acquisition: Operating Reserve](https://kb.cremodels.com/t/hotel-acquisition-operating-reserve/649)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [July 31, 2023, 3:38pm UTC](https://kb.cremodels.com/t/hotel-acquisition-operating-reserve/649 "2023-07-31T15:38:27Z")
The Operating Reserve is intended to prevent capital calls by “reserving” the required funds during profitable months to cover upcoming months of negative levered cash flows. The operating reserve does not begin function… --- ## [Commercial Acquisition: Other Income](https://kb.cremodels.com/t/commercial-acquisition-other-income/604)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 4:21pm UTC](https://kb.cremodels.com/t/commercial-acquisition-other-income/604 "2022-06-27T16:21:37Z")
Purpose The purpose of this post is to outline the key functions of the Other Income in the CREModels Commercial Acquisition model. The tutorial will walk through the user inputs and how the outputs are calculated. Ove… --- ## [Manual Import Module: Setting up Argus Reports and Pasting into Module](https://kb.cremodels.com/t/manual-import-module-setting-up-argus-reports-and-pasting-into-module/648)
**Author:** [@LoganCebrzynski](https://kb.cremodels.com/u/LoganCebrzynski)\ **Replies:** 0\ **Last updated:** [July 20, 2023, 9:06pm UTC](https://kb.cremodels.com/t/manual-import-module-setting-up-argus-reports-and-pasting-into-module/648 "2023-07-20T21:06:50Z")
The Manual Import Module allows for Argus model cashflows to be imported into a template that is CRE Suite compatible. This tutorial will detail how to create the necessary report package within Argus and how to paste th… --- ## [\[Legacy\] - Multi-Family Acquisition: Acquisition Loan](https://kb.cremodels.com/t/legacy-multi-family-acquisition-acquisition-loan/586)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 3:21pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-acquisition-loan/586 "2022-04-25T15:21:28Z")
Purpose The purpose of this post is to outline the key functions of the Acquisition Loan in CREModels Multi-Family Acquisition model. These features should be universal across all acquisition models unless noted otherwi… --- ## [\[Legacy\] - Multi-Family Acquisition: Income Growth Assumptions](https://kb.cremodels.com/t/legacy-multi-family-acquisition-income-growth-assumptions/588)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 3:30pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-income-growth-assumptions/588 "2022-04-25T15:30:17Z")
Purpose The purpose of this post is to outline the key functions of the Income Growth Assumptions in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless note… --- ## [\[Legacy\] - Multi-Family Acquisition: Renovation Costs](https://kb.cremodels.com/t/legacy-multi-family-acquisition-renovation-costs/593)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 5:22pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-renovation-costs/593 "2022-04-25T17:22:20Z")
Purpose The purpose of this post is to outline the key functions of the Renovation Costs feature in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted… --- ## [\[Legacy\] - Multi-Family Acquisition: Purchase Price & Acquisition Costs](https://kb.cremodels.com/t/legacy-multi-family-acquisition-purchase-price-acquisition-costs/592)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 5:17pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-purchase-price-acquisition-costs/592 "2022-04-25T17:17:15Z")
Purpose The purpose of this post is to explain how to use the Purchase Price and Acquisition Costs in CREModels’ Multifamily Acquisition Model. This post will address how to properly input the Purchase Price and Closing… --- ## [\[Legacy\] - Multi-Family Acquisition: Pro Forma Assumptions](https://kb.cremodels.com/t/legacy-multi-family-acquisition-pro-forma-assumptions/591)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 4:04pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-pro-forma-assumptions/591 "2022-04-25T16:04:25Z")
Purpose The purpose of this post is to outline the key functions of the Pro Forma feature in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted otherw… --- ## [\[Legacy\] - Multi-Family Acquisition: Unit Mix](https://kb.cremodels.com/t/legacy-multi-family-acquisition-unit-mix/589)
**Author:** [@BrandieDusek](https://kb.cremodels.com/u/BrandieDusek)\ **Replies:** 0\ **Last updated:** [April 25, 2022, 3:35pm UTC](https://kb.cremodels.com/t/legacy-multi-family-acquisition-unit-mix/589 "2022-04-25T15:35:40Z")
Purpose The purpose of this post is to outline the key functions of the Unit Mix in CREModels multifamily acquisition models. These features should be universal across all acquisition models unless noted otherwise. Man… --- ## [Multifamily Development: Unit Mix](https://kb.cremodels.com/t/multifamily-development-unit-mix/617)
**Author:** [@LoganCebrzynski](https://kb.cremodels.com/u/LoganCebrzynski)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 6:32pm UTC](https://kb.cremodels.com/t/multifamily-development-unit-mix/617 "2022-07-11T18:32:26Z")
Purpose The purpose of this post is to outline the key functions of the Unit Mix feature in the MF Dev model. These features should be universal across all development models unless noted otherwise. Unit Mix Similar t… --- ## [Commercial Acquisition: Reimbursable & Non-Reimbursable Expenses](https://kb.cremodels.com/t/commercial-acquisition-reimbursable-non-reimbursable-expenses/607)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 4:38pm UTC](https://kb.cremodels.com/t/commercial-acquisition-reimbursable-non-reimbursable-expenses/607 "2022-06-27T16:38:32Z")
Purpose The purpose of this post is to outline the key functions of the Reimbursable and Non-Reimbursable Expenses in CREModels Commercial Acquisition models. The tutorial will go through what to input into the model an… --- ## [Commercial Development: Capital Expenditures](https://kb.cremodels.com/t/commercial-development-capital-expenditures/635)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [January 18, 2023, 8:49pm UTC](https://kb.cremodels.com/t/commercial-development-capital-expenditures/635 "2023-01-18T20:49:17Z")
Purpose The purpose of this post is to outline the key functions of the Capital Expenditures section in CREModels Commercial Development models. The tutorial will go through what to input into this section of the model … --- ## [Multifamily Development: Other Income](https://kb.cremodels.com/t/multifamily-development-other-income/616)
**Author:** [@LoganCebrzynski](https://kb.cremodels.com/u/LoganCebrzynski)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 6:20pm UTC](https://kb.cremodels.com/t/multifamily-development-other-income/616 "2022-07-11T18:20:06Z")
Purpose The purpose of this post is to outline the key functions of the Other Income features in the MF Dev model. These features should be universal across all development models unless noted otherwise. Other Income A… --- ## [Commercial Development: Rent Roll](https://kb.cremodels.com/t/commercial-development-rent-roll/615)
**Author:** [@anon30228292](https://kb.cremodels.com/u/anon30228292)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 2:29pm UTC](https://kb.cremodels.com/t/commercial-development-rent-roll/615 "2022-07-11T14:29:05Z")
Purpose The purpose of this post is to outline the key functions of the Rent Roll in CREModels commercial development models. These features should be universal across all commercial development models unless noted othe… --- ## [Commercial Development: Permanent Loan](https://kb.cremodels.com/t/commercial-development-permanent-loan/614)
**Author:** [@anon30228292](https://kb.cremodels.com/u/anon30228292)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 2:15pm UTC](https://kb.cremodels.com/t/commercial-development-permanent-loan/614 "2022-07-11T14:15:11Z")
Purpose The purpose of this post is to outline the key functions of the Permanent Loan in CREModels development models. These features should be universal across all development models unless noted otherwise. We also co… --- ## [Commercial Development: Operating Expenses](https://kb.cremodels.com/t/commercial-development-operating-expenses/612)
**Author:** [@anon30228292](https://kb.cremodels.com/u/anon30228292)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 1:53pm UTC](https://kb.cremodels.com/t/commercial-development-operating-expenses/612 "2022-07-11T13:53:23Z")
PURPOSE The purpose of this post is to outline the key functions of the Operating Expenses in CREModels commercial development models. These features should be universal across all commercial development models unless n… --- ## [Commercial Development: Outparcel Sales](https://kb.cremodels.com/t/commercial-development-outparcel-sales/613)
**Author:** [@anon30228292](https://kb.cremodels.com/u/anon30228292)\ **Replies:** 0\ **Last updated:** [July 11, 2022, 2:05pm UTC](https://kb.cremodels.com/t/commercial-development-outparcel-sales/613 "2022-07-11T14:05:38Z")
Purpose The purpose of this post is to outline the key functions of the Outparcel in CREModels development models. These features should be universal across all development models unless noted otherwise. Outparcel Sale… --- ## [Commercial Acquisition: Exit Assumptions](https://kb.cremodels.com/t/commercial-acquisition-exit-assumptions/600)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 3:51pm UTC](https://kb.cremodels.com/t/commercial-acquisition-exit-assumptions/600 "2022-06-27T15:51:09Z")
Purpose The purpose of this post is to outline the key functions of the Exit Assumptions in CREModels Commercial Acquisition models, as well as cover where to input values and how output values within the Exit Assumptio… --- ## [Commercial Acquisition: Purchase Price & Acquisition Costs](https://kb.cremodels.com/t/commercial-acquisition-purchase-price-acquisition-costs/606)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 4:30pm UTC](https://kb.cremodels.com/t/commercial-acquisition-purchase-price-acquisition-costs/606 "2022-06-27T16:30:50Z")
Purpose The purpose of this post is to explain how to use the Purchase Price and Acquisition Costs (Closing Costs & Capital Costs), or, “Acquisition Assumptions”, in CREModels’ Commercial Acquisition Model. This post wi… --- ## [Commercial Acquisition: Acquisition Loan](https://kb.cremodels.com/t/commercial-acquisition-acquisition-loan/599)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 3:40pm UTC](https://kb.cremodels.com/t/commercial-acquisition-acquisition-loan/599 "2022-06-27T15:40:01Z")
Purpose The purpose of this post is to outline the key functions of the Acquisition Loan in the CREModels Commercial Acquisition model. This outline will also cover how the metrics and values within the Acquisition Loan… --- ## [Commercial Acquisition: New Lease Assumptions](https://kb.cremodels.com/t/commercial-acquisition-new-lease-assumptions/601)
**Author:** [@MaddieMiller](https://kb.cremodels.com/u/MaddieMiller)\ **Replies:** 0\ **Last updated:** [June 27, 2022, 4:04pm UTC](https://kb.cremodels.com/t/commercial-acquisition-new-lease-assumptions/601 "2022-06-27T16:04:57Z")
Purpose The purpose of this post is to outline the key functions of the New Lease Assumptions in CREModels Commercial Acquisition models. The New Lease Assumptions can be found in the TURNOVER ASSUMPTIONS section of the… [Next page](https://kb.cremodels.com/tag/underwriting/6.md?match_all_tags=true&page=1&tags%5B%5D=underwriting)