Pro Forma 6-Cap vs Reality: My DSCR Anxiety Speedrun
Broker: Pro forma 6-cap, stabilized in 30 days Lender: T-12, current rent roll, estoppels, SNDA, Phase I... and a vibe check Me: Excel with 47 tabs, DSCR swings from 1.27 to 0.98 if I sneeze š§Æ Seller: NNN = roof/HVAC on you; also CAM 'true-ups' never happened šµāš«
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