tidecre
The multifamily investment copilot

Underwrite any multifamily deal
in under 60 seconds.

Drop in the offering memo. We extract the numbers, normalize the assumptions, and hand you an investment-grade view — every value sourced and editable.

Try the sample deal →
tidecre.com · Bayside 24-unit
Overview
Assumptions
Rent Roll
Expense DD
IRR
Offer Price
Sensitivity
Bayside Apartments
Tacoma, WA · 24-unit · Built 1987
$6.25M
asking price
Levered IRR
18.4%
Cash-on-Cash
7.2%
DSCR
1.32×
Eq. Multiple
2.04×
Target Offer
$6.10M
Rent Gap
+14.2%
How it works

From a stack of PDFs to a defensible offer — in four steps.

01 · Ingest

Drop the OM. Skip the typing.

Drag in offering memos, rent rolls, and tax bills. We extract the numbers that matter and tag every value with its source — so you can audit later.

  • PDF, JPG, PNG · up to 10 files
  • Primary / supplementary tagging
  • Manual fallback if extraction misses
02 · Normalize

Three NOIs. One honest view.

Seller, normalized, and conservative side-by-side — with expense lines benchmarked against IREM, NAA, and Yardi for the property's region.

  • Auto region detection
  • Flagged anomalies
  • Hover any number for its source
03 · Project

IRR you can defend.

Levered and unlevered IRR, equity multiple, and DSCR — all tied to assumptions you can edit. Sensitivity matrix shows how exit cap and rent growth move the number.

  • Levered / unlevered IRR + NPV
  • Color-coded sensitivity
  • Cash-on-cash by year
04 · Price

Walk in with a number.

First offer, target, walk-away. Each backed by the assumption stack — so when the broker pushes back, you've got the receipts.

  • First / target / walk-away tiers
  • Negotiation framing
  • Investment-grade PDF export
Drop files to analyze
OM.pdf · rent-roll.pdf · taxes.pdf
📄 Bayside_OM.pdf
📄 RentRoll_2025.pdf
📄 TaxBill.pdf
Net operating income
Seller
Normalized
Conservative
Gross Rental Income
$842,000
$842,000
$820,000
Vacancy & Loss
−$25,260
−$58,940
−$74,000
Operating Expenses
−$298,000
−$342,000
−$361,000
Net Operating Income
$518,740
$441,060
$385,000
Levered IRR sensitivity
base 18.4%
5.00
5.25
5.50
5.75
6.00
4.0%
22.0
20.6
19.2
17.8
16.4
3.5%
20.2
18.8
17.4
16.0
14.6
3.0%
18.4
17.0
15.8
14.2
12.8
2.5%
16.6
15.2
13.8
12.4
11.0
2.0%
14.8
13.4
12.0
10.6
9.2
↓ rent growth→ exit cap
Offer guidance
Asking · $6.25M
First offer
$5.85M
−6.4% vs ask
Target
$6.10M
−2.4% vs ask
Walk-away
$6.35M
+1.6% vs ask
💬"At $6.10M your levered IRR clears 18% with a 1.32× DSCR — defensible at any review."
Try it on a real deal

Bayside · 24-unit · Tacoma, WA

Sample deal · no signup required
Open the sample →
tidecre.com/deal/bayside-24
Levered IRR
18.4%
base case
Cash-on-Cash
7.2%
yr 1
DSCR
1.32×
yr 1
Equity Multiple
2.04×
5-yr hold
Target Offer
$6.10M
−2.4% vs ask
Rent roll · in-place vs market
1BR · ×8
$1240
$1495
2BR · ×12
$1580
$1850
3BR · ×4
$2100
$2350
+14.2% rent gap to market
5-year cash flow
Y1Y2Y3Y4Y5Exit