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A sale scenario models the distribution of net sale proceeds through your waterfall structure.

Key inputs

InputDescription
Sale priceGross sale price, or enter exit cap rate to calculate
Exit cap rateApplied to trailing NOI to calculate sale price
Hold periodMonths from acquisition to sale
Closing costsAs a percentage of sale price
Remaining debtOutstanding loan balance at sale (calculated from debt schedule)

How proceeds are calculated

Net sale proceeds = Sale price - Closing costs - Remaining debt balances Net proceeds then flow through the waterfall tier by tier.

Closing costs

Closing costs default to 1.5% of sale price. You can override this per scenario.