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Updated over 4 years ago,

User Stats

35
Posts
21
Votes
Carnet Williams
  • Rental Property Investor
  • Sausalito, CA
21
Votes |
35
Posts

Michael Blank SDA - Modification: year 1 one monthly

Carnet Williams
  • Rental Property Investor
  • Sausalito, CA
Posted

Hi. I'm using Michael Blanks SDA and my bridge lender is asking me to break down year 1 into monthly. They are ok with year 2 and beyond being annualized. Has anyone modified the SDA to have one year show monthly? Would love any advice. I guess I could create an extra tab that just has a monthly P&L that shows NOI and then refer the bridge lender to the annualized P&L for the rest of the ratios (e.g. IRR, CoC, etc). Has anyone had this request before from a bridge lender? Thanks.