U-Rite Next
by U-Rite Technologies Inc.
Commercial real estate underwriting in Excel: DCF, IRR, rent rolls, cash flows, and reports.
U-Rite Next brings institutional-grade commercial real estate underwriting directly into Excel. Model property acquisitions and developments — commercial, multifamily, and mixed-use — and run full discounted cash flow analysis without leaving your workbook.
What you can do:
- Build property models with rent rolls, leases, free rent, TI/LC, expense recoveries, and percentage rent
- Run DCF, IRR, and NPV analysis with U-Rite's cloud calculation engine, with Auto-Run keeping outputs up to date as you edit
- Structure financing with multiple tranches, flexible funding and repayment schedules
- Apply reusable inflation, rent growth, and market profiles across your model
- Generate cash flow tables, summary reports, lease expiration schedules, and sensitivity analyses as native Excel sheets
- Merge U-Rite models across workbooks
Free to start, paid plans for more: U-Rite Next requires a U-Rite account. The free Lite plan includes 1 property per file, up to 5 entries per input assumptions table, 1 financing tranche, and 10 calculation runs per file. Unlimited properties, entries, and calculation runs, multiple financing tranches, background Auto-Run, model import, and Promote waterfall modeling require a paid Essentials or Pro subscription, purchased separately from U-Rite (not through the store). Create a free account at https://dashboard.u-rite.com/app/onboarding/signup; plans and pricing at https://www.u-rite.com/pricing.
Requirements: Excel on the web, Excel for Microsoft 365 (Windows version 2002 or later, Mac 16.35 or later), or Excel LTSC 2021/2024. Workbook merge and report insertion require Excel version 2102 or later on Windows (16.50 on Mac). Excel 2016/2019 perpetual and Excel for iPad are not supported.
App capabilities
- Can read and make changes to your document
- Can send data over the Internet