Automated Multifamily Underwriting

Underwrite Properties
in Minutes, Not Hours

Upload your T-12 operating statements and rent rolls. PropLens reads, categorizes, and analyzes every line item — delivering a clean underwriting summary ready for your investment committee.

99%+ categorization accuracy14+ property management formatsResults in under 30 seconds

Two Documents. Complete Underwriting.

PropLens automates the two most time-consuming parts of multifamily underwriting.

T-12 Operating Statement

Trailing 12-month income & expense analysis

Reads every line item from any PM export format
Auto-categorizes into standard underwriting categories
Calculates NOI, EGI, expense ratios, and per-unit metrics
Generates T12/T9/T6/T3/T1 annualized comparisons
Flags low-confidence items for manual review

Rent Roll

Unit-level occupancy & rent analysis

Extracts every unit with status, tenant, and lease terms
Calculates occupancy rate and vacancy exposure
Computes loss-to-lease and avg effective rent
Visualizes lease expiration schedule by quarter
Sortable, filterable unit table with search

Three Steps to a Complete Analysis

From raw spreadsheet to underwriting-ready data in under a minute.

Step 01

Create a Deal

Name your property, set the unit count, and create a deal workspace. All data is stored securely in the cloud — accessible from any device.

Step 02

Upload & Process

Drag and drop your T-12 and rent roll files. PropLens auto-detects the format and processes both documents in parallel — usually in under 30 seconds.

Step 03

Review & Export

Get interactive dashboards with NOI waterfall, expense breakdown, unit-level detail, and lease expirations. Export to Excel whenever you're ready.

Built for Real Estate Professionals

Every feature designed around the way brokers and analysts actually underwrite deals.

Universal Format Support

Reads T-12s and rent rolls from Yardi, RealPage, Entrata, AppFolio, and custom spreadsheets. Excel, CSV, and PDF.

Multi-Layer Categorization

Four-layer engine: GL code lookup, pattern matching, keyword analysis, and subsection context for 99%+ accuracy.

NOI & Trend Analysis

Instant NOI, EGI, and expense ratios. Compare T-12, T-9, T-6, T-3, and T-1 annualized figures side by side.

Confidence Scoring

Every categorized line item includes a confidence score. Low-confidence items are flagged so nothing slips through.

30-Second Processing

Upload to full dashboard in under 30 seconds. No manual data entry, no waiting for overnight batch jobs.

Export-Ready Output

Download categorized results as formatted Excel spreadsheets. Plug directly into your existing underwriting models.

Works With Your Existing Exports

No reformatting needed. PropLens reads the files you already have.

YardiRealPageEntrataAppFolioMRI SoftwareBuildiumRent ManagerCustom Excel.xlsx.xls.csv.pdf

Ready to Streamline Your Underwriting?

Stop spending hours manually categorizing line items. Sign in and upload your first T-12 to see PropLens in action.