Michael Blank SDA - Modification: year 1 one monthly
Hi. I'm using Michael Blanks SDA and my bridge lender is asking me to break down year 1 into monthly. They are ok with year 2 and beyond being annualized. Has anyone modified the SDA to have one year show monthly? Would love any advice. I guess I could create an extra tab that just has a monthly P&L that shows NOI and then refer the bridge lender to the annualized P&L for the rest of the ratios (e.g. IRR, CoC, etc). Has anyone had this request before from a bridge lender? Thanks.