Market Comparables and T12 Review
Rent roll and trailing twelve analysis validating Phoenix replacement valuations.
Overview
We combine market comps with rent roll normalization to confirm that purchase pricing matches realistic operating performance.
Highlights
- Rent roll cleanup addressing concessions, delinquencies, and vacancies.
- Expense benchmarking against Phoenix submarket averages.
- Capital expenditure recommendations covering reserves and near-term projects.
Deliverables
- T12 variance report comparing actuals to pro forma assumptions.
- Comparable property set with cap rate and price-per-square-foot data.
- Capital plan aligning improvements with investor hold period goals.
Educational content only. Not tax or legal advice.
Consult a Qualified Intermediary and tax advisor before acting.
Frequently Asked Questions
Why is T12 analysis important?
It exposes true operating performance and prevents overpaying for replacement assets.
Do you adjust for seasonal income?
Yes. Revenues and expenses are normalized for Phoenix seasonal trends before recommendations are issued.
Can lenders use the report?
We prepare lender-ready summaries when investors authorize distribution.
Related Services
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