When investors discuss deals inside AspiRE, the goal is not to guess what the market will do. The goal is to evaluate structure. This deal analysis spreadsheet walks through the framework we use when reviewing opportunities: Acquisition Income assumptions Operating expenses Debt service Cash flow Return metrics Using a consistent structure removes a lot of emotion from deal decisions. You can use this spreadsheet when analyzing: Duplexes Triplexes Fourplexes When underwriting a deal, which number do you check first? Purchase price Rent estimates Monthly expenses Cash flow