Built by investors,
for investors.
UpsideIQ is the underwriting platform LFO Capital built for its own deal analysis — now available to every LP, syndicator, and family office in the market.
Michael Laudino
Michael is an attorney, entrepreneur, and commercial real estate investor based in Naples, FL. He holds a JD from Seton Hall University School of Law and a Finance degree from the University of Delaware, and spent the early part of his career as a corporate attorney before transitioning to the operating side of business.
In 2008, Michael took over a family-owned plumbing, heating, and cooling distribution business. He spent the next 14 years building it into a multi-million dollar operation before a full divestiture in 2022. During those years, he developed a disciplined approach to financial modeling — every acquisition decision was stress-tested with conservative assumptions and a hard look at downside risk.
That same framework became the foundation of LFO Capital, Michael's private CRE investment platform targeting multifamily and industrial assets. UpsideIQ is the institutional underwriting tool he built for LFO's own deal analysis — and the one he wished had existed when he was evaluating his first real estate syndication.
"A broker's proforma is marketing material. Real underwriting is how you protect your capital — and it should be available to every investor, not just the institutions."
— Michael Laudino, Founder, LFO Capital
Institutional underwriting. Accessible to everyone.
For too long, rigorous CRE analysis has been locked behind proprietary models, expensive consultants, and institutional gatekeepers.
For Passive LPs
You're evaluating a GP's deal. Don't rely on their proforma — run an independent underwrite. See the cap rate, DSCR, IRR, and valuation gap before you write a check.
For Syndicators
Stop building deal models from scratch. Submit your deal numbers and get a complete 10-year DCF, scored and formatted into a PDF you can share with your LP base.
For Family Offices
Screen deals quickly before engaging your team. Upload an OM and get extraction plus full underwriting in under 2 minutes — before committing analyst hours.
How the model works
Three core pillars: rigorous modeling, transparent assumptions, and a scoring system that forces discipline.
The DCF Engine
A full 10-year discounted cash flow model. Annual NOI projections include gross potential rent, vacancy, bad debt, concessions, other income, and all operating expenses — escalated at conservative market rates. Debt service is modeled at both IO and P&I phases, with IRR calculated via Newton-Raphson iteration.
The Scoring Algorithm
Every deal receives a 0–100 score across six weighted factors: price vs. estimated value (25%), cap rate (20%), cash-on-cash (15%), DSCR (15%), LP IRR (15%), and location market tier (10%). Grades range from F through A+, with a plain-English recommendation and flag system for red-line issues.
Transparent Assumptions
Every assumption — vacancy rate, management fee, rent growth, expense escalation, millage rate, exit cap — is disclosed in your report with its source. You can see exactly what was assumed and why. Every assumption is overridable, so you can stress-test scenarios before committing capital.
Disclaimer: UpsideIQ is built by LFO Capital LLC and provides analysis for informational and educational purposes only. Nothing on this platform constitutes financial, investment, legal, or tax advice. All projections are modeled estimates based on assumptions that may not reflect actual market conditions or future performance. Always consult qualified professionals before making any investment decision.
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