Commercial Real Estate Appraisal Software
Elevate Your Commercial Real Estate Valuations with Compass
Discover Compass, a powerful and FREE real estate appraisal software also designed for commercial real estate investment analysis. Offered by Nordic Real Estate Services, a veteran-owned business, Compass empowers investors with precise property valuation tools, helping to maximize returns at every stage of a property’s lifecycle.
Commercial Real Estate Appraisal Software
Elevate Your Commercial Real Estate Valuations with Compass
Discover Compass, a powerful and free commercial real estate appraisal and investment analysis software offered by Nordic Real Estate Services, a veteran-owned business. Compass is designed to empower investors with precise property valuation tools, helping to maximize returns at every stage of a property’s lifecycle.
Unlocking Value: Key Features of Compass Real Estate Appraisal Software
Precise Property Valuation
Leverage advanced algorithms and numerous variables for accurate underwriting, minimizing risk in your property valuations.
Detailed Financial Projections
Gain deep insights with detailed monthly income statements and future earnings projections, enabling truly informed decision-making.
Capital Acquisition Support
Generate professional project valuations and comprehensive investment plans, making it easier to secure capital for your ventures.
Portfolio Management & Growth
Streamline your property management processes and gain valuable insights into refinancing options and strategies for property improvement.
On-the-Spot Analysis & Scenario Modeling
Quickly assess the impact of adjustments and adapt to the volatile real estate environment with instant analysis and scenario modeling capabilities.
Cost-Effective & User-Friendly
Access powerful appraisal tools without financial burden. Compass is intuitive and free, empowering all investors.
How Compass Works: A Step-by-Step Overview
Compass real estate appraisal software provides an intuitive interface for comprehensive property analysis. Follow these steps to unlock powerful insights for your commercial real estate investments.
Setting Up Your Property Profile
Begin by entering basic property information, including the property name, address, type (e.g., Industrial), total building square footage, purchase price, and analysis start date within the **Dashboard**.
Managing Expenses & Recoveries
Accurately input various property expenses such as property tax, building insurance, utilities, and common area maintenance (CAM), understanding options like fixed vs. variable and recoverability by tenants in the **Expenses tab**. Set up tenant accountability for these expenses in the **Recoveries section**.
Market Analysis & Leasing Assumptions
Utilize the **Market Tab** to project future market conditions by setting credit loss, cap rate, closing costs, inflation indices, and discount rates. Define market leasing assumptions for units, including vacant days, lease terms, rent, and tenant improvements.
Tenant Management & Miscellaneous Revenues
Create detailed tenant profiles for both active and vacant units, including suite number, area type, lease status, and financial terms in the **Tenants section**. Easily add other income sources like washing machines under **Miscellaneous Revenues**.
Financing & Equity Waterfall
Configure capital reserves and loan terms (amortizing vs. interest-only), acquisition amounts, down payments, interest rates, and closing costs. Than set up your equity waterfall by defining the hold period, equity contributions (your share vs. partners'), and distribution tiers based on **Internal Rate of Return (IRR) hurdles**.in the **Investments tab**.
Reviewing Your Appraisal Results with Compass Reports
Compass offers a comprehensive suite of detailed reports for thorough analysis, providing you with all the insights you need to make informed decisions. Click on each report type to learn more.
Access key summaries including acquisition costs, capital required, cash flow, annual profit and loss summaries, property value (today and future), and unleveraged/leveraged IRR.
Review specific information on each loan, including capital required, amount dispersed, amortization schedules, balances, and principal and interest payments.
Examine annual income statements, cash flow available for debt services, cap rate, estimated market value, and critical debt coverage ratios.
Get granular with detailed monthly breakdowns or an aggregated annual summary of occupancy, revenue, and expenses.
Delve into the hold period, equity contributions, net cash flow, leveraged IRR, and equity multiple for both you and your limited partners.
Why Choose Compass: Your Go-To Real Estate Appraisal Software for Commercial Needs?
Compass is a cost-effective real estate appraisal software, providing powerful tools without adding to your financial burdens. It empowers even small investors with professional-grade analysis capabilities and facilitates the quick production of essential reports like joint-venture packets and offering memorandums. For support and community engagement, you can connect through our forums.
