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WaterfallIQ is a real estate capital modeling platform built for operators, asset managers, and CFOs who are tired of rebuilding waterfall models in Excel every time the deal structure changes. It connects your actual operating data to live waterfall calculations, scenario analysis, and investor reports — all in one place.

Who it’s for

  • Operators and asset managers who manage student housing, multifamily, or mixed-use portfolios
  • CFOs and finance leads who need to model sale and refi scenarios quickly
  • Sponsors who need to show investors clean, professional return breakdowns

What you can do

  • Model waterfall distributions across any tier structure — preferred return, catch-up, promote, equity multiple hurdles
  • Run sale and refinance scenarios with live IRR and equity multiple calculations
  • Build operating budgets and forecasts tied directly to your waterfall model
  • Generate printable investor reports with per-investor return breakdowns
  • Export full models to Excel for lenders and investors

How it works

  1. Add a property and configure investors and debt
  2. Set up your waterfall tier structure
  3. Enter or import your operating data
  4. Run scenarios and see distributions instantly

Start here

Get your first waterfall running in under 5 minutes