PropForma LensFor commercial real estate professionals
From listing to underwriting in one click.
Open a property on LoopNet or Crexi. PropForma Lens reads it, shows cap rate, DSCR, cash-on-cash and IRR, and exports a complete Excel model with live formulas.
Free plan includes 3 exports per day. No account or sign-up needed.
Three steps, about ten seconds
Screening a deal should take a moment, not an hour of copying numbers into a template.
Open a listing
Browse LoopNet or Crexi as usual. PropForma reads the price, size, NOI and location shown on the page.
Review the numbers
Cap rate, DSCR, cash-on-cash and 10-year IRR update as you change leverage, rate, vacancy, expenses and exit.
Export to Excel
Download a model your team can audit, edit and send to a lender, partner or investment committee.
A real model, not a data dump
Every calculated cell is a live Excel formula driven by one Assumptions sheet. Change an input and the whole workbook recalculates.
Built to be trusted
Listings are incomplete. PropForma is honest about it.
Nothing is invented
If a listing has no price, NOI or rent roll, the workbook says so and leaves the cell for you. It never fills gaps with made-up figures.
Flags what to verify
The Summary lists assumptions that need your attention, such as an estimated NOI or a modeled expense ratio.
Private by design
Reading the listing and building the file happen in your browser. Your assumptions and deals are not uploaded anywhere.
Your assumptions, saved once
Set your standard loan terms, vacancy, expense ratio, growth and exit defaults. Every new listing starts from your numbers, and you can override them per deal.
- Loan-to-value, rate, amortization and fees
- Vacancy, expense ratio, rent and expense growth
- Closing costs, exit cap rate and selling costs
Simple pricing
Start free. Upgrade when it becomes part of your workflow.
Free
- 3 Excel exports per rolling 24 hours
- Full six-sheet workbook
- Live triage metrics in the popup
- No account needed
Pro
- Unlimited Excel exports
- Everything in Free
- Use on up to 3 of your own devices
- Cancel any time, 14-day money-back guarantee
Payments are handled securely by Lemon Squeezy, our merchant of record. Prices in USD.
Questions
How does Pro get activated? Do I need to log in?
There is no account or login. After you subscribe, Lemon Squeezy shows you a license key and emails it to you. Paste it into PropForma Lens (click the Free badge in the popup) and Pro unlocks immediately. You can find the key again any time in your Lemon Squeezy order receipt.
Which sites are supported?
LoopNet and Crexi property pages. You can also enter any deal manually from the extension popup.
Where does the data come from?
From the listing page you are viewing. Listings often omit operating expenses and rent rolls, so PropForma models expenses from a ratio you control and leaves the rent roll blank for you to complete. Always verify against the broker's offering memorandum.
Is my deal data uploaded anywhere?
No. Extraction, calculation and file creation run in your browser. The only network request is license verification for Pro users.
Can I cancel or get a refund?
Yes. Cancel any time from your Lemon Squeezy receipt or by emailing us. New subscriptions have a 14-day money-back guarantee. See the refund policy.
Is this affiliated with LoopNet, Crexi or CoStar?
No. PropForma Lens is an independent product. LoopNet and Crexi are trademarks of their respective owners.
Need help?
Email hmtechinovation@gmail.com. We reply within one to two business days.