AI Underwriting Checks: Instant Red/Yellow/Green Flags on Any Proforma

Every syndicator has looked at a broker's proforma and thought: "These numbers feel aggressive, but which ones?" Rent growth projections? Exit cap rate? Operating expense ratios? LTV? It takes experience to spot the red flags — and even experienced operators miss things when they're reviewing dozens of deals.

deeltrack's AI Underwriting Check analyzes a deal's financial assumptions and returns an instant color-coded assessment: red flags, yellow caution items, and green confirmations — with specific notes on why each assumption matters.

How It Works

1. Enter your deal data — or let AI parse it from a broker OM (that's another tool)
2. Click "Run Underwriting Check"
3. Get results in ~20 seconds — a full analysis across 10+ financial dimensions

The AI doesn't just compare numbers to static thresholds. It considers the property type, market, deal size, and how the assumptions relate to each other. A 3% rent growth might be fine in a DFW multifamily but aggressive in a rural secondary market.

What Gets Flagged

Here's what a typical underwriting check looks like:

The Overall Assessment

Beyond individual flags, the AI provides an overall red/yellow/green rating for the deal with a summary note. This isn't a recommendation to invest or pass — it's a CPA's first-pass sanity check, automated.

What It Checks

The underwriting check evaluates these dimensions (among others):

• Entry vs. exit cap rate — compression vs. expansion assumptions
• Rent growth trajectory — compared to market averages and historical trends
• Operating expense ratio — are costs realistically loaded?
• Debt service coverage (DSCR) — cushion above lender minimums
• Loan-to-value (LTV) — leverage level and risk
• Equity raise sufficiency — does the raise cover acquisition + costs + reserves?
• Price per unit/sq ft — compared to market comps
• Vacancy assumptions — are they realistic for the submarket?
• Capital expenditure budget — is the value-add scope properly budgeted?
• Reversion/exit assumptions — is the projected sale price supported?

The Full AI Suite

Underwriting checks are one of 10 AI tools built into deeltrack — all powered by Gemini 2.5 Flash, all included at no extra cost:

Why We Built This

We watched sponsors spend hours reviewing proformas that had obvious red flags buried in optimistic assumptions. A CPA who works with syndicators sees these patterns immediately — but most sponsors aren't CPAs, and most CPAs charge $300+/hour for this analysis.

The AI underwriting check gives every sponsor access to that first-pass CPA analysis — instantly, on every deal, at no additional cost. It won't replace deep due diligence, but it'll save you from wasting time on deals that don't pencil before you even start.