Penaki

Set the return you need. Get the highest price you can pay.

Enter your target levered IRR and Penaki solves for the maximum purchase price that clears it, resizing the loan by LTV and DSCR at every step.

Target IRR15%

Highest price that still hits it

$25.0M

Loan resized to match

Price per unit$104,200
Going-in cap rate5.8%
Loan amount$15.1M
Equity required$10.6M

One target IRR in, your maximum offer price out.

Penaki runs the full monthly cash flow and debt model across candidate prices and lands on the highest price that hits your hurdle.

  • Solves on monthly levered XIRR from close to exit
  • Re-solves automatically when rents, expenses or exit cap change
  • Updates price per unit, price per SF and cap rate
  • Flags unreachable targets with the deal's ceiling IRR

Levered IRR by purchase price

Maple Ridge Apartments

Highest price that clears 15%$25.0M

Dynamic debt sizing and sensitivity tables.

Loans resize as the price moves. Open the sensitivity table to see how ±2.5%, ±5% and ±10% shifts in rent, price and exit cap affect returns.

  • Loan resized to the lower of LTV and DSCR at every price
  • Handles shifts between LTV-bound and DSCR-bound debt
  • Sensitivity tables for rent, purchase price and exit cap
  • Shows levered IRR, unlevered IRR, equity multiple and profit

Solving for price

Target 15.0%

TryPriceLoan sizedIRR
1$20.0M$13.0M21.4%
2$30.0M$16.3M11.6%
3$25.0M$15.1M15.0%
Loan resized to LTV and DSCR at every try

Switch between Target IRR and Manual price anytime.

Solve for the maximum purchase price from your target return, or type a price manually to check the resulting IRR.

  • Target IRR mode solves and locks to your hurdle
  • Manual mode calculates returns from any price
  • Whisper price tracked beside your solved price
  • Summary badge shows whether the deal clears your target
Manual priceTarget IRR

You enter

Target IRR

15.0%

Penaki solves

Purchase price

$25.0M

Switch modes at any time. The price and the return stay linked either way.

Included with every deal

  1. Fast offer pricing

    Respond to brokers with a defensible price the day a deal arrives.

  2. Sensitivity tables

    Test ±2.5%, ±5% and ±10% variations in rent, price and exit cap.

  3. Monthly precision

    Solved from the full monthly cash flow and debt schedule.

  4. Live Excel export

    Download the priced model to Excel (.xlsx) with working formulas.