Does 3Y factor in property characteristics like age, condition, year built, size, or lot size?

Not directly. 3Y does not use property age, condition, year built, building size, lot size, finishes, or similar characteristics as separate automatic price-adjustment fields. Instead, those characteristics are reflected through the deal numbers they influence — especially achievable rent, repairs, make-ready, reserves, insurance, maintenance, and management. Number of units is a direct input because it changes rent and unit-level math.

Where those characteristics show up

Property characteristics still matter. They just show up through the financial profile of the deal, not as separate automatic price adjustments.

A renovated unit may support higher achievable rent, especially if the current rent is below market and the property can realistically be brought to market or above-market rent. An older building or a property with deferred maintenance may require higher repairs, make-ready, or management costs. A property in poor condition may also carry higher insurance costs.

What 3Y uses

3Y uses the property address to connect the analysis to local data. It then uses the rent, expenses, financing, vacancy, repairs, insurance, maintenance, management, and other deal assumptions to solve for the price your selected goal can support.

Where units fit

Number of units is a direct input because it changes rent and unit-level math. Lot size, building size, year built, finishes, and condition are not separate automatic price-adjustment fields.

How to account for property characteristics

Reflect property-specific facts in the underwriting numbers. Use achievable rent when the property can realistically support more or less rent than the current rent. Adjust repairs, make-ready, insurance, maintenance, or management costs when age, condition, finishes, deferred maintenance, or operating complexity changes the economics of the deal.

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