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Watch any deal saved to your account. A scheduled run re-checks SOFR, from the New York Fed, and the 10-year Treasury, from the Treasury yield curve. The deal is sent through the same engine again only when a linked input moves: floating debt, or a refinance rate or exit cap that references one of those prints. Verdict, levered IRR, min DSCR and NOI are kept as a dated history. You are told when the verdict flips, or when min DSCR crosses a level you set.

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Worked example

Cayuga Commons is not a live watch. The sample history below shows the shape of a watch without an account. The published plate is still PURSUE, levered IRR 15.34%, 2.4351x, min DSCR 1.46x, NOI $594,066.40. The sample DSCR level is 1.40x.

Cayuga Commons (Illustrative Case)

Read only

Sample history. One row prices the exit cap off the 10-year Treasury, and one row prices a floating senior rate. Neither is saved on the worked example.

Latest, 2026-10-05: PURSUE, 4 readings.

DSCR alert level 1.40x

Fits

  • Levered IRR is 15.34%, at or above the 12.00% target.
  • Minimum DSCR is 1.46x, at or above the 1.25x floor.
  • LTV is 65%, at or under the 75% cap.
  • Price is $8,500,000, at or under the $25,000,000 cap.
  • Property type is not limited.
  • Markets are not limited.
  • Hold is 7 years, inside 5 to 10 years.
Proposed update2 inputs from the 2026-10-16 prints. Not applied.

Proposed on 2026-10-19 because a linked print moved. The saved deal is unchanged until this is applied. Applying records each change in the deal's edit history, and is refused if the saved deal has changed since.

  1. Interest rate6.25% to 6.50%

    SOFR printed 4.56% for 2026-10-16 (New York Fed), plus the locked 194 bps spread.

  2. Exit cap rate6.50% to 6.75%

    The 10-year Treasury printed 4.75% for 2026-10-16 (Treasury yield curve), plus the locked 200 bps spread.

The engine plate on the saved deal and with the proposed update
ReadingSaved dealWith update
VerdictPURSUEPASS
Levered IRR15.34%14.09%
Multiple2.4351x2.2768x
Min DSCR1.46x1.42x
NOI$594,066.40$594,066.40

Worked example. The prints are illustrative, so nothing here can be applied.

Levered IRR
Min DSCR
NOI
  • 2026-08-17. Verdict flipped from PURSUE to PASS.
  • 2026-09-14. Min DSCR crossed below 1.40x, from 1.46x to 1.17x.
  • 2026-10-05. Verdict flipped from PASS to PURSUE.
  • 2026-10-05. Min DSCR crossed above 1.40x, from 1.17x to 1.46x.
  1. 2026-07-06

    PURSUE, 15.34% levered IRR, min DSCR 1.46x, NOI $594,066.40

    Fixture. Published assumptions. No benchmark was applied.

  2. 2026-08-17

    PASS, 13.51% levered IRR, min DSCR 1.46x, NOI $594,066.40

    Fixture. The exit cap was read 50 bps wider, as if it referenced a higher 10-year Treasury.

  3. 2026-09-14

    PASS, 12.46% levered IRR, min DSCR 1.17x, NOI $594,066.40

    Fixture. The senior rate was read higher, as if a floating loan had followed SOFR up.

  4. 2026-10-05

    PURSUE, 15.34% levered IRR, min DSCR 1.46x, NOI $594,066.40

    Fixture. Back to the published worked example. This row is not a live watch.

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