Every deal screened
Playgent reads offering memorandums the way your best analyst would. Every number is traced to its page, the math is recalculated, and you get a verdict against the criteria you send.
Offering summary
Operating statement (T-12)
Rent roll summary
Property description
Cedar Hollow is a garden-style community of four two-story buildings on a landscaped 1.9-acre site. Constructed in 1981, the property has had roofs replaced in 2019 and a partial interior renovation program since 2022.
Units offer a mix of one- and two-bedroom floor plans with in-unit laundry connections in all two-bedroom homes.
9Extracted, with sources
Calculated from the facts
A sample screen of a made-up deal. Names and numbers are fictional.
An OM is written to sell the deal. Playgent shows you what it leaves out.
Go deeper on the deals that make the cut
The OM's comps were picked by the broker. For any deal you want to pursue, Playgent researches similar properties nearby on its own and tells you where the OM's story holds up.
- Rents at similar properties. Current asking rents at nearby buildings of similar age and size, from public listings.
- Taxes after a sale. An estimate at your price using the county's current tax rates.
- How the OM's comps compare. Whether the broker's comps are in line with the rest of the submarket.
Similar properties near Cedar Hollow
| Property | Distance | Built | Units | Asking rent |
|---|---|---|---|---|
| Cedar Hollow (in-place) | 1978/81 | 32 | $1,594 | |
| Ashby Terrace | 0.4 mi | 1979 | 40 | $1,480 |
| Sage Creek Commons | 0.7 mi | 1984 | 28 | $1,425 |
| Tarrow Flats | 1.1 mi | 1976 | 36 | $1,440 |
| Harlan Court | 1.3 mi | 1982 | 24 | $1,465 |
Sample research. Properties and numbers are made up.
What it checks
Read
PDFs, scans and photos of pages are read as documents, including tables, rent rolls and T-12s.
Extract
Each fact goes onto a standard fact sheet along with the page it came from. If the OM doesn't state it, the field says "not stated" instead of guessing.
Compute
Cap rate, price per unit, expense ratio and rent against the OM's comps are calculated from the extracted numbers, with the math shown. DSCR and LTV too when the OM states the debt.
Judge
A verdict of pursue, dig further or pass against the criteria you send, with the risks and the questions to ask the broker.
Checks on Cedar Hollow (sample)
NOI. $581,400 income less $262,860 expenses equals the $318,540 on page 4.
Units. 32 on page 2 matches the rent roll on page 6.
Year built. Page 2 says 1978 and page 9 says 1981.
Taxes. Shown at the seller's assessed value, so they will reset after a sale.
Rents. In-place rents are 12% above the OM's own comps.
Existing debt. The OM gives no loan terms, so DSCR is left blank rather than guessed.
A verdict, not a summary
Send several OMs and they come back ranked side by side. Your hours go to the deals that deserve them, and the broker questions are already written.
Your slate this week
Questions for the Cedar Hollow broker
- Can you share a tax estimate at the $4.25M price?
- Page 2 says built in 1978 and page 9 says 1981. Which is correct?
- Are the comps on page 6 in-place or asking rents?
Sample deals. Names and numbers are made up.
You send the deal. The screen comes back
Email the OM
Attach the package or forward the broker's email. PDFs, scans and page photos all work. Add your buy box if you want the verdict judged against it.
Get the deal screen back
Within one business day: a page-cited fact sheet, the deal math, red flags and a verdict, with questions for the broker.
Compare your deals
Send several and they come back ranked side by side, so your hours go to the ones that deserve them.
Built for multifamily buyers, net-lease and 1031 buyers, industrial and self-storage operators, family offices, and syndicators.
Your deals stay confidential
- Used only for your deal screenYour OM is read to produce your deal screen and for nothing else.
See it on your own deal flow
Tell us a little about your firm and the deals you look at. We reply within a day.
Reach out