Finally, project management software made for serious real estate investors.
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.
Interactive in-browser showcase of the PaperWorking investment platform. Use arrow keys to switch views.
Deal Calculator
512 Oak Ridge Ave, Austin, TX 78704 · Acquisition UnderwritingPortfolio Insights
Apex Equity Fund I · 4 Properties (15 Units)Oakridge Quadplex
Phase 02: Fund · Target Closing Nov 14Track appraisal contingency deadline
Due in 3 days · Nov 4Confirm earnest money deposit received
Cleared Oct 28 · Escrow receipt in vaultUpload executed contract to vault
Due Nov 8 · Counter-signed copyComplete lender document checklist
Due Nov 12 · 7 of 8 items verifiedAnalyze 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.

Illustrative demo data — not a real deal or performance history.
PaperWorking is not only the most comprehensive real estate investment data visualization SaaS product on the market, we are building a validated community of real estate investors, like you. Post Deals. Each investment gets a Project: one workspace for tasks, deadlines, documents, budgets, and expenses. PaperWorking calculates your investor metrics from the work you do.
Deal Marketplace
Post deals, track investor interest, and partner with validated real estate investors in your network and the PaperWorking community. No transaction fees.

Vendor Directory
Find and hire verified appraisers, contractors, lawyers, and bankers. Get recommendations at the exact phase your project needs them.

How the Real Estate Investment Lifecycle Works.
Acquisition
- Source and track deal leads
- Pull live property data and an automated valuation
- Underwrite with the Deal Calculator (cap rate, IRR, cash-on-cash)
- Make offers and track negotiations
- Optionally crowdfund a deal with serious investors
Fund
- Line up the money and the paperwork
- Track contingency deadlines and earnest money
- Keep contracts in one vault
- Get alerted before dates go hard
Hold
- Link milestones to your budget
- Log expenses as they happen
- Watch holding costs and budget-vs-actual in real time
Exit
- Sell outright or keep as rental / lease / Airbnb / pop-up / commercial
- Generate the performance record your buyer, lender, or appraiser expects
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
Cap Rate on Cost
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 Directory.
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.
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 metrics