Underwrite the deal, not just the property.
every figure opens to the evidence behind it
What it is worth, what it will cost to fix, what could make that wrong, and the most you can safely pay.
The underwrite one answer per question, never one number
Value
Rehab
Risk
Offer
Report
THE UNDERWRITEsample figures
$182,500
Morning Value · $171,000 – $194,000
- Confidence
- B · 4 comps used, best Match 87
- Rehab
- $41,200 · standard finish, from the cost book
- Downside value
- $164,250 · if the market corrects 10%
- Max safe offer
- $112,000 · for your minimum profit
Every one of these opens to the comps, the rates and the assumptions behind it. Not a real property.
What is behind each one 4 of the engines
- ValuationMorning ValueComps chosen and scored by Morning Match — size, distance, recency, beds and baths, the school line, road and rail — then weighted for the rate environment they sold in. A recorded sale price is never rewritten.
- CostThe rehabPhotos in, a scope out, priced line by line against a maintained cost book. The model names the work it can see; the book sets every price.
- MarketThe riskRate breakpoint, downside value, and what rents and local incomes support — beside the market value, never inside it.
- OutputThe reportA one-page underwrite to hand a lender, carrying its own sources, confidence and model versions.
Beta. Morning shows its inputs and its confidence on every number, and says what it does not know. It is not an appraisal.
Terms and use