The Underwriting Desk
Anonymized rent rolls, the way buyers actually see them.
Real deals run through RentRollIQ. Property names, tenant names, and rents are anonymized; the structure, the rollover risk, and the loss-to-lease arithmetic are not.
MultifamilyNew York, NY · 5 unitsEdgewater Crossing: 5-unit multifamily sample, New York, NY
Loss-to-lease of $968,508 annually (24.67% of market) dominates the risk profile on a 5-unit, 1893-vintage New York asset with one expired lease and two rolling within 90 days.
Built 1893
MultifamilyNew York, NY · 10 unitsBriarcliff Heights: 10-unit multifamily sample, New York, NY
6 of 10 leases are expired and 9 roll within 3 months, creating acute re-leasing execution risk against $51,504 in annual loss-to-lease.
MultifamilyJersey City, NJ · 31 unitsSterling Flats: 31-unit multifamily sample, Jersey City, NJ
All 31 units occupied but loss-to-lease of $191,268/yr (24.91% of market) is concentrated in a rent roll with zero parseable lease dates, blocking rollover timing analysis.
MultifamilySan Francisco, CA · 12 unitsEdgewater Flats: 12-unit multifamily sample, San Francisco, CA
32.8% loss-to-lease ($151,608/yr) is concentrated in long-tenured, likely rent-controlled units that present minimal near-term reversion upside.
Built 1916
MultifamilyDallas, TX · 8 unitsMarston Flats: 8-unit multifamily sample, Dallas, TX
Marston Flats is a fully new (2025) 8-unit Dallas asset, 87.5% occupied, with $177,504 scheduled rent and 4.23% loss-to-lease — lease date data is unparseable, blocking rollover an
Built 2025
MultifamilyRaleigh, NC · 12 unitsBriarcliff Crossing: 12-unit multifamily sample, Raleigh, NC
All 12 units occupied at $322,152 annualized in-place rent, but 7.85% loss-to-lease ($27,456/yr) signals rents were locked in below current market.
Built 2023
MultifamilySan Diego · 58 unitsSterling Heights: 58-unit multifamily sample, San Diego
100% occupancy masks $191K annual loss-to-lease (12.71% of market), suggesting meaningful upside but also rent-control exposure on a 1920-vintage asset.
Built 1920
MultifamilySan Francisco · 46 unitsSterling Commons: 46-unit multifamily sample, San Francisco
46-unit SF rent-controlled asset is 100% occupied but carries $245K annual loss-to-lease (23.6% below market), with nearly all leases on month-to-month or long-term tenancy.
Built 1926