Underwrite Your Next Units.
Model your program economics by unit type, rent, and operating assumptions, then compare against a conventional build using standard DCF methodology. See exactly what speed is worth.
Modular Speed Premium
Equivalent To 15.9% Of Total Program Cost, Credited Against Your Basis.
Identical rents, costs, and exit assumptions: an unlevered monthly DCF over your hold period. The only difference is time: when rent starts, and how long carry and construction interest run.
How The Underwriter Works.
Yield on cost is stabilized net operating income divided by total development cost. The Underwriter computes it on an all-in basis: unit price, site preparation, and construction-period carry and interest, not hard costs alone, so the number holds up in a real investment committee.
Time-adjusted yield on cost is Abodu's signature metric. Because a factory-built unit reaches first rent months sooner than site-built construction, the tool credits the speed premium (income acceleration plus carry and construction interest saved) against your basis and restates the yield. The full arithmetic is disclosed in the tool, and every IRR shown, unlevered or levered, runs through one monthly discounted cash flow model.
Built for SB 1211. Since January 2025, California law allows up to eight detached ADUs on a multifamily lot, capped at the number of existing units. The Underwriter models programs from 2 to 500 units with commitment tiers, permanent financing, DSCR, breakeven occupancy, and payback. When you are ready to go deeper, the full multifamily program page covers product, process, and delivery.