Outpost DCF — Institutional-grade CRE valuation, without the institutional price tag

For the Years Ending	Dec-2026	Dec-2027	Dec-2028
Rental Revenue
Potential Base Rent	$4,435,530	$4,531,274	$4,575,631
Fixed Steps	$0	$65,553	$130,887
Absorption & Turnover Vacancy	($188,811)	$0	($65,391)
Free Rent	($45,212)	$0	($8,402)
Scheduled Base Rent	$4,201,507	$4,596,827	$4,632,724
CPI Increases	$11,840	$15,699	$19,674
Total Rental Revenue	$4,213,347	$4,612,526	$4,652,399
Other Tenant Revenue
Total Expense Recoveries	$917,377	$1,001,325	$1,097,605
Percentage Rent	$85,390	$98,354	$98,852
Total Other Tenant Revenue	$1,002,767	$1,099,679	$1,196,457
Other & Multifamily
Other & Multifamily Revenue	$724,542	$814,971	$838,883
Potential Gross Revenue	$5,940,656	$6,527,176	$6,687,739

The platform

Three things, done properly

A serious valuation engine, an AI intake that respects your judgment, and cloud models your whole team can trust — with the expense side handled as carefully as the revenue side.

The Engine

Built for institutional models and proud to stand beside the incumbents. The mechanics underwriters actually fight over are all here:

Expense-group recovery structures — pools, gross-ups, caps, admin fees
Market-leasing rollover: renew/vacate blends, downtime, TI/LC
Percentage rent with natural, artificial & zero breakpoints
CPI escalations, free rent, lease chains & options
Resale, hold-period logic, debt, and full PV/IRR analytics

AI Intake, your key

Drop in an offering memorandum or rent roll and get a draft model in minutes — extraction runs under your own API key, which is held in memory only and never stored.

OM / rent-roll → structured draft rent roll
Every extracted number is flagged for human review
Strict contract: the AI proposes, you verify
Your documents are never used to train anything

Cloud models

Valuations live in your workspace, not on someone's C: drive. Save, version, and reopen models from anywhere.

Owner-scoped storage — your models are yours alone
Save / Save-As with value & GLA at a glance
Import industry-standard report packages (.xlsx)
Local file export for offline archives

Cash Flow — continued

Operating expenses — every line inflated, timed, and allocated on its own basis

For the Years Ending	Dec-2026	Dec-2027	Dec-2028
Operating Expenses
Insurance	$48,000	$52,800	$58,080
Payroll	$52,000	$53,560	$55,167
R&M	$376,533	$409,130	$421,069
Utilities	$27,791	$30,780	$31,535
Real Estate Taxes	$495,000	$509,850	$585,000
NonRecoverable	$198,000	$203,940	$210,058
Waste	$36,000	$37,080	$38,192
Fire	$2,000	$2,060	$2,122
Security	$124,355	$128,086	$131,928
Admin	$71,653	$79,938	$85,187
Marketing	$0	$0	$0
Management Fee	$130,717	$144,636	$149,832
Total Operating Expenses	($1,562,049)	($1,651,860)	($1,768,170)

Below the line

Leasing costs, without the hand-waving

Tenant improvements, leasing commissions, unit turnover costs, and capital plans are modeled per-lease and per-event — new versus renewal packages, free-rent incentives, amortized recoverable capital — then timed to when the cash actually leaves. Cash Flow Before Debt Service reflects the deal you'd actually sign, not a smoothed allowance.

New vs. renewal TI/LC packages by market-leasing profile
Free rent and incentives, in-place or at rollover
One-time and recurring capital, with amortized recovery
Multifamily unit turnover costs, down to the unit type

Cash Flow — continued

Net Operating Income → Leasing & Capital Costs → Cash Flow Before Debt Service

For the Years Ending	Dec-2026	Dec-2027	Dec-2028
Net Operating Income	$4,170,163	$4,556,942	$4,655,591
Change	—	+9.3%	+2.2%
Leasing & Capital Costs
Tenant Improvements	($342,400)	($91,000)	($112,774)
Leasing Commissions	($337,325)	($80,359)	($65,110)
Unit Improvements	($28,600)	($26,375)	($27,832)
Unit Leasing Costs	($19,000)	($17,715)	($18,691)
Capital Expenditures	($56,525)	($418,220)	($359,967)
Total Leasing & Capital Costs	($783,850)	($633,669)	($584,374)
Cash Flow Before Debt Service	$3,386,313	$3,923,273	$4,071,217
Change	—	+15.9%	+3.8%

Workflow

Rent roll to valuation in an afternoon

Bring your data

Import an industry-standard report package (.xlsx), upload an OM for AI intake, or key the rent roll directly. Your existing work transfers — you don't start over.

Model with real mechanics

Recovery structures, rollover profiles, escalations, capital plans, debt. The same levers you're used to — organized so you can actually find them.

Value and defend it

Ten-year cash flows, PV/IRR, sensitivity matrices, and line-level audit trails you can walk an investment committee through.

Accuracy is the product

Numbers you can put your name on

Every release runs a locked regression suite — calculation primitives, headline metrics, and a full year-by-year snapshot of a reference model that trips on any unexplained movement in any line. Recoveries, rollover, and percentage rent are computed per-tenant, per-pool, and fully auditable. When we say institutional-grade, that's a test result, not a slogan.

Read the validation story

$ npm test

✓ calc primitives — NPV · IRR · loan schedule

✓ headline anchors — PV · IRR · occupancy

✓ full 10-yr cash-flow snapshot (tripwire)

✓ recovery structures — pools · caps · admin

✓ rollover chains — options · renewals · MTM

✓ multifamily — units · absorption · loss-to-lease

214 passing · 0 failing

Institutional-grade
real estate valuation.
Without the institutional
price tag.

Oakridge Commons Shopping Center

Three things, done properly

The Engine

AI Intake, your key

Cloud models

Cash Flow — continued

Leasing costs, without the hand-waving

Cash Flow — continued

Rent roll to valuation in an afternoon

Bring your data

Model with real mechanics

Value and defend it

Numbers you can put your name on

Run your next deal on Outpost