IRR, DSCR, cap rates, sensitivity tables — everything a lender needs. In your browser in under 5 minutes.
ChatGPT hallucinates numbers. Argus costs $500–$2,000/month. Zillow shows a monthly payment. REProforma gives you full institutional analysis — free.
AI gives inconsistent answers, uses stale data, and can't produce a formatted Excel proforma for your lender. Every number needs to be verified manually.
Institutional-quality analysis for individual investors, syndicators, and brokers. The depth of Argus, the cost of nothing. Ready in 5 minutes.
Enterprise platforms cost $500–$2,000/month, require 6–12 months to learn, and are overkill for most individual investors and smaller syndicators.
| Feature | ChatGPT | Zillow/Bankrate | REProforma ✦ | Argus Enterprise |
|---|---|---|---|---|
| Price | Free | Free | Free | $500–$2,000/mo |
| IRR & Unlevered IRR | ✕ | ✕ | ✓ | ✓ |
| DSCR & Debt Yield | ~ inconsistent | ✕ | ✓ | ✓ |
| Sensitivity Analysis | ✕ | ✕ | ✓ 4 tables | ✓ |
| Excel Export | ✕ | ✕ | ✓ formatted | ✓ |
| 2025 Benchmarks | ~ stale | ✕ | ✓ CBRE Q1 2026 | ~ extra cost |
| Learning Curve | Minutes | Minutes | Under 5 min | 6–12 months |
Professional-grade analysis for every stage of the investment lifecycle. No paywalls.
Full apartment acquisition underwriting with unit mix, NOI, IRR, DSCR, debt yield, and 25-year proforma with sensitivity analysis.
NNN, NN, and gross lease analysis with cap rate, IRR, DSCR, and 10-year cash flow modeling for retail and commercial properties.
Lot sales, phasing strategies, infrastructure costs, and equity waterfall structures for residential land development projects.
2025 lender DTI guidelines for conventional, FHA, and VA loans. Three price ranges: conservative, recommended, and stretch.
True 30-year cost comparison with 2025 tax law (SALT cap $40k), standard deduction check, selling costs at exit, and opportunity cost.
Extra payment analysis with biweekly simulator, pay-off-vs-invest comparison, and yearly amortization summary toggle.
I have been using RE Proforma for my financial projections and have found it to be an outstanding tool. The program is very user-friendly, allowing me to quickly generate accurate projections needed for banking and funding requirements. Its efficiency and ease of operation have made a significant difference in my workflow.I highly recommend RE Proforma to anyone looking for a reliable and straightforward financial modeling solution.
RE Proforma runs entirely in your browser, so your data never leaves your computer. Analyze real estate deals in seconds instead of spending hours building Excel spreadsheets, and export your results to Excel or PDF whenever you need to share or refine the model.
To be brutally honest, without even reviewing it, I was “blown away”, you took the initiative to create this and were kind enough to share it with me. In over 35 years of teaching, I have never had anything this amazing happen, so right off the bat, I am beyond impressed.
Free. No sign-up. Results in under 5 minutes.