New users often open the U-Rite platform unsure of how to begin building a model or where the setup process starts. Creating a model is the foundation of every underwriting workflow in U-Rite, and understanding the initial steps ensures your file is structured correctly from the beginning.
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To create a new model in U-Rite, follow these steps:
- Log into the U-Rite Excel Add-In
Open Excel, ensure the U-Rite Add-In is active, and sign in if required. - Navigate to the Property Inputs Ribbon
Go to the Property Inputs ribbon.
Each new model automatically includes all required input sheets, templates, and calculation tabs needed - Once the foundational inputs are complete, proceed to configure the main components of your model:
- Rent Roll – Add tenants, leases, and space details.
- Operating Expenses – Define recoverable and non-recoverable expenses.
- Revenues & Recoveries – Enter rent steps, reimbursements, and miscellaneous income.
- Debt – Add loan terms, interest-only periods, and amortization details.
After entering the necessary data, review the automatically generated cash flow outputs to confirm that your assumptions are flowing through correctly. U-Rite’s built-in validation checks will highlight missing or inconsistent inputs, helping you ensure your model is complete.
If you encounter issues during setup or have questions about which inputs are required, reach out to support@u-rite.com for guidance or additional training.
