Clear property values.

Turnand deal financials into a shareable underwriting report.

CRE underwriting

For investors evaluating a deal and brokers explaining buyer returns. Review assumptions, cash flow, and projected IRR.

Valuation

For owners, buyers, and brokers exploring property value. Understand the income, market evidence, and assumptions behind a price.

Explore property valuation →Example

In Partnership with:

The whole deal. In one report.

From the big picture to the numbers behind it.

Explore the full report (opens in a new tab)

Cactus report with a property summary, financial assumptions, and a detailed income table.

It starts with your documents.

Drop in your rent roll, T-12, and offering memorandum. Cactus reads the files, extracts the financials, and reconciles the numbers across documents.

PDFs and spreadsheets, in one upload
Rents, income, and expenses pulled into the analysis
Source references stay with the numbers

Try with your own docs

The actual Cactus document setup: choose Screen or Deep Dive and drop your deal documents into the upload area.

See the market behind the numbers.

Rental comparables, local developments, and location signals, connected to your deal. See the evidence behind each assumption.

Compare rents by floor plan, unit size, and price per square foot
See which comparables support the analysis
Bring nearby developments and local signals into view

Start your journey on CactusAI

Actual Cactus rental comparables table showing property names, floor plans, unit sizes, monthly rents, rent per square foot, and whether each comparable supports the analysis or provides context.

Every number. Every formula. Yours to inspect.

Open your model in Excel and follow the math. Editable assumptions, working formulas, and connected tabs let your team trace the results back to their inputs.

Inspect the formulas behind cash flows and returns
Change an assumption and see its effect
Keep working in a model your team can audit

Build your own model

Example Excel model with editable inputs, a returns summary, and the XIRR formula visible in the formula bar. — Example Excel model

Built for the work behind the number.

Specialist AI, professional financial models, and integrated market data. One place to understand a deal.

No AI in the calculations.
Property values, cash flows, and returns are computed with fixed financial formulas. AI prepares and explains the inputs; the model does the math.
A crew of specialist AI agents.
Tuned by AI engineers for the work behind a deal: extracting documents, reconciling figures, researching the market, and reviewing the analysis.
Market data built in.
Rental comparables, operating benchmarks, demographics, and development activity feed the analysis, with market evidence beside your assumptions.
Where you already work.
Send documents by email or start an analysis inside ChatGPT. Your Cactus report is just a link away. Claude support is coming soon.
Models built by investors.
Financial models made by professional investors and analysts. Inspect the assumptions, follow the formulas, and keep working in Excel.
Evidence behind the numbers.
Trace figures to source documents, inspect the market evidence, and see which assumptions need your review. The reasoning stays with the report.

ASSET TYPES

Built for your next deal.

Explore commercial and multifamily today. We’re building support for more asset types. Talk with us to join the beta list and help shape what comes next.