Financial information is what lenders evaluate most closely. Accurate numbers help you get relevant quotes faster.
What You'll Enter
- Purchase price / Current value
- Net Operating Income (NOI)
- Revenue and expenses
- Capital expenditure plans
Step-by-Step Instructions
1
Go to Financials
From your deal, click the Financials tab.
2
Enter Valuation
For acquisitions: enter Purchase price and Earnest money deposit. For refinances: enter Current appraised value and Existing loan balance.
3
Enter Income
Fill in Gross Potential Rent, Other income (laundry, parking, etc.), Vacancy / Concessions, and Effective Gross Income.
4
Enter Expenses
Add Operating expenses, Property taxes, Insurance, Management fees, Utilities, and Repairs & maintenance.
5
Review NOI
Lev calculates your Net Operating Income automatically: NOI = Effective Gross Income - Operating Expenses
6
Add CapEx Budget (If Applicable)
If you're planning improvements, enter your Renovation budget, Timeline, and Expected rent increase.
7
Save & Continue
Click Save & Continue to proceed.
Tips
Use trailing 12-month actuals when available. Be realistic—lenders will verify. Include planned improvements if relevant to your loan request.