Example SiteKillSwitch Underwriting Memo™
See how SiteKillSwitch evaluates a real small development opportunity and produces a structured underwriting memo with financial analysis, risk signals, and required diligence.
What the SiteKillSwitch memo shows
SiteKillSwitch converts early deal inputs into a structured underwriting memo designed to help developers evaluate opportunities quickly and consistently.
Instead of relying on scattered notes or rough feasibility estimates, the memo organizes the most important information into a single document. It summarizes the deal snapshot, financial assumptions, return metrics, scenario outcomes, and the diligence items that still need to be confirmed before moving forward.
The example below shows how the system evaluates a small multifamily development opportunity in Victoria, BC.
Instant Deal Verdict
The memo begins with a clear snapshot of the opportunity. This includes the project location, revenue and cost assumptions, and the system’s underwriting stance.
Instead of digging through multiple spreadsheets or notes, the developer immediately sees whether the deal appears viable and what the current margin looks like.
Example Project
54 Crease Ave
Victoria, BC
4 Units
Estimated Revenue: $3.99M
Estimated Cost: $2.84M
Margin: 29%
Scenario Analysis
Strong deals should not rely on a single optimistic outcome.
SiteKillSwitch compares downside, base, and optimized scenarios to show how the development economics change as assumptions shift. This helps identify whether the project has enough buffer to withstand lower sales prices, cost increases, or timeline delays.
Financial Model Output
The underwriting memo consolidates the core development economics into a clean set of metrics.
This includes the total project cost, break-even values, expected revenue, profit, margin, and return metrics such as profit-on-cost and equity multiple.
This allows a developer to understand whether the opportunity meets their target return thresholds before committing additional time or money.
Diligence and Risk Checklist
The memo also highlights the assumptions that still need to be validated.
Instead of treating underwriting as a purely financial exercise, SiteKillSwitch generates a structured diligence checklist that identifies the key items that could materially affect the project outcome.
These typically include zoning confirmation, achievable unit yield, servicing requirements, contractor budget validation, comparable sales evidence, and financing assumptions.
View the Full Memo
The screenshots above show selected sections of the underwriting memo. The full document includes additional details such as the capital stack, margin sensitivity, development budget breakdown, and a full evidence register.
Screen deals faster
SiteKillSwitch helps developers decide earlier whether a deal deserves deeper work.
Instead of spending weeks analyzing opportunities that ultimately fail basic economics, the platform allows you to test assumptions quickly and produce a structured underwriting memo within minutes.