What is a Commercial Lending "Stabilization Report"

[Levi T.]

The bank dropped a new excel in my lap after our last round of deals. The excel is labeled as "Stabilization Report". They asked us to submit it each time we do another round of lending.

It is nothing really fancy. You list all your properties, current rents, rejected rents for vacant units, loan cost, HOA, property tax, and repair cost to rent vacant units. It all sums up per column at the bottom.

If I was guessing, one takes the gross rents and subtract all the monthly cost, plus rehab cost to see if the portfolio has postive cashflow each month after monthly cost and rehab cost.

Just wanted to see if anyone knows about it, and is my assumption correct, or is there some other formula used to product results, like debt to service ratios resulting number, and creates a threshold they are looking for?

 Typed up on my iPhone