Finally, Project Management software made for serious real estate investors and Investments teams.
Every real estate deal runs through the same four phases: Acquisition, Fund, Hold, Exit. PaperWorking manages all four phases of an investment in one place and turns the work you're already doing into the 33 numbers that show whether your investments are actually working. NOI, cap rate, DSCR, cash-on-cash, IRR — calculated from your own project data, per deal and across your portfolio.
Free 14-day trial.
Analyze deals with professional precision.
Before deciding to make a major acquisition, spending thousands, even millions of dollars on an investment, use the PaperWorking integrated “Deal Calculator” to calculate the critical numbers real estate investors need to make critical decisions on a new investment.
PaperWorking subscribers run real deals through the same four phases you do. The marketplaces connect them: Projects that need capital and Projects that need real estate professionals when they need them.
Deal Marketplace
Put your Project in front of investors who are looking.
Vendor Marketplace
Find the right professional when the deal needs them.
PORTFOLIO EXECUTION & AUTOMATED METRICS
How PaperWorking Works: The Work You Do Becomes the Numbers You Need
Generic tools log isolated tasks. PaperWorking turns daily operational deal activity into real-time portfolio KPIs and tax-ready reporting. Every document saved, contingency cleared, and expense logged automatically feeds your financial metrics—eliminating static spreadsheets and prepping your books for CPA exports as you work.
Global Portfolio Dashboard
Real-time consolidated asset metrics
Total Equity
$1.12M
Avg Cap Rate
6.8%
Portfolio DSCR
1.45
Net Cash Flow
$14,250/mo
Active Deal Pipeline
Oakridge Duplex
Alpine Apartments
124 Pine St Fourplex
Maple Street Triplex
Summit Single Family
The 4-Phase Operational Engine
PaperWorking structures the chaotic real estate lifecycle into four distinct operational phases. Each phase maps raw day-to-day actions to automated, auditable financial metrics.
Underwrite deals with live property data, model IRR, and gauge investor interest via the Deal Marketplace.
Baseline KPIs
Projected Cap Rate, Cash-on-Cash, Pro Forma Baseline.
Lock down earnest money dates, track inspection contingency windows, and store contracts in a secure vault.
Risk Audits
Active Contingency Countdowns, Earnest Money Exposure, Legal Vault.
Execute rehabs, log contractor draws line-by-line, source pros via the Vendor Marketplace, and auto-collect rents.
Live Dashboards
Real-Time Cost Basis, Budget-vs-Actual, Daily Holding Burn, Live NOI.
Liquidate or hold as a long-term rental with verified operational history for buyers, appraisers, and CPAs.
Tax & Investor Reporting
Lender-Grade DSCR/Equity Multiple Packages, CPA P&L Exports.
Underwrite deals with live property data, model IRR, and gauge investor interest via the Deal Marketplace.
Baseline KPIs
Projected Cap Rate, Cash-on-Cash, Pro Forma Baseline.
Analyze Potential Deals with Live Data & Modeler
Decide if the deal works before you commit. The Deal Calculator pulls live property data, tax records, and estimated values automatically.
- Adjust purchase price, rehab projections, and expected rent dynamically.
- Instantly calculate key pro-forma metrics including IRR, Cap Rate, and Cash-on-Cash.
- Check investor appetite by listing details directly on the Deal Marketplace to track pledges.
Deal Calculator
Address: 1042 Oakridge Ln
Model Parameters
Calculated Metrics
Projected Cap Rate
7.2%
Cash-on-Cash
8.9%
Internal Rate of Return (IRR)
14.8%
Contingency & Documents Dashboard
Project: 124 Pine St Fourplex
Critical Dates
Window closes on Aug 29. Alert sent to partner.
Amount: $10,000. Wiring instructions verified.
Secure Document Vault
Lock Down Financing & Contingency Deadlines
Track financing steps, loan covenants, and contingency deadlines in a secure environment. Never let an critical milestone go hard by mistake.
- Enable active countdown gauges for inspection windows and earnest money commitments.
- Maintain strict document control with a dedicated secure vault for title commitments and agreements.
- Assign permissions and collaborate seamlessly with equity partners and escrow agents.
Manage Renovations, Cashflow, and Draw Invoices
Own and operate with confidence. Connect rehab milestone completion dates to your budget line-items and ensure every invoice is accounted for.
- Track budget-versus-actual variance in real time to avoid cost overruns.
- Log contractor draws line-by-line and monitor daily holding burn.
- Instantly connect with verified professionals near you on the Vendor Marketplace.
Rehab Budget & Expenses
Project: Maple Street Triplex
Variance Analysis
-$200 (Under Budget)
Daily Holding Burn
$115/day
| Item | Est. Cost | Act. Cost | Status |
|---|---|---|---|
| Roof Replacement | $12,000 | $12,500 | PAID |
| Kitchen Cabinetry | $8,500 | $7,800 | APPROVED |
| HVAC Upgrade | $6,500 | $0 | PENDING DRAW |
Performance Package & Reports
Project: Summit Single Family
Performance record
Download Center
Compile CPA Exports & Lender-Grade Performance Packages
Generate professional performance dossiers with a single click. Keep verified records that buyers, CPA partners, and appraisers can trust.
- Compile lender-ready financial data sheets, DSCR packages, and equity valuations automatically.
- Instantly export P&L statements and tax Schedule E summaries ready for your CPA.
- Maintain a complete, immutable audit trail of the deal’s transactional history.
Every deadline tracked. Every dollar logged. Every metric live.
Built on the Real Estate Investment Life Cycle
Acquisition, Fund, Hold, Exit. Four phases. One system.
Acquisition
Acquisition: Decide if the deal works before you buy. The Deal Calculator pulls live property data, an automated valuation, and projected cap rate, IRR, and cash-on-cash.
Fund
Fund: Get the money and paperwork lined up. Track contingency deadlines and earnest money, keep contracts in one vault, get alerted before dates go hard.
Hold
Hold: Own it and improve it. Link milestones to your budget, log expenses as they happen, watch holding costs and budget-vs-actual in real time.
Exit
Exit: Sell it or keep it as a rental, and prove what it made. Generate the performance record your buyer, lender, or appraiser expects.
The metrics
One project record. Thirty-three investor KPIs.
NOI. Cap rate. Cash-on-cash. DSCR. IRR. Equity multiple. Occupancy. The full list, with formulas, is public in the Playbook.
These aren't estimates you type in; they're calculated automatically from the work you're already doing: purchase price, rehab costs, rent received. Stock investors get dashboards. Real estate investors deserve the same.
Explore the Playbook: all 33 metricsarrow_forward