Features

Calculations and tools for reviewing a business.

Review operating earnings, loan payments, buyer cash flow and price comparisons. Save analyses, test assumptions and compare opportunities.

Analyze an opportunity free View a sample report

Free account. No credit card required. Use your own business-acquisition numbers.

KPIs and calculated results

See each result, its full name, and why it matters.

Indevest KPI and calculated result reference
Area	KPI or result	Full name	How it helps you evaluate the purchase
Business performance	Gross income	Monthly and annual gross income	Shows the revenue base used to evaluate operating performance and debt capacity.
	Operating earnings	Monthly and annual operating earnings	Shows what remains after operating expenses and before acquisition financing and estimated tax. Business results identify the financial-data source behind estimated EBITDA; property results use net operating income (NOI).
	Operating margin	Operating earnings margin	Shows how much of each revenue dollar remains after operating expenses.
	Operating expense ratio	Operating expenses as a percentage of gross income	Shows how much revenue is consumed by the operating cost structure.
	Break-even revenue	Break-even gross income / revenue	Shows the revenue needed to cover operating expenses and proposed debt payments.
	Revenue cushion	Income / revenue cushion above break-even	Shows how much room current revenue has above the calculated break-even level.
Financing and buyer cash	Buyer cash contribution	Entered buyer cash contribution	Shows the cash applied to the purchase price and used in the financing and Cash on Cash calculations.
	Loan amount	Calculated acquisition loan principal	Shows how much of the asking price remains to be financed after the buyer contribution.
	Debt service	Monthly and annual debt service	Shows the calculated loan-payment burden under the entered rate and amortization term.
	Actual DSCR	Actual Debt Service Coverage Ratio	Shows whether operating earnings cover the proposed annual loan payments.
	Before-tax buyer cash flow	Before-estimated-tax cash flow	Shows the estimated cash remaining after operating expenses and proposed debt payments.
	Estimated tax	Estimated monthly and annual tax	Shows the tax amount produced by the entered average tax-rate assumption.
	NIAT	Net Income After Tax	Shows the estimated buyer cash remaining after financing and the entered tax assumption.
	Cash on Cash	Cash on Cash	Shows annual before-estimated-tax buyer cash flow relative to the entered buyer contribution.
	After-tax Cash on Cash	After-tax Cash on Cash	Shows annual after-estimated-tax buyer cash flow relative to the entered buyer contribution.
	LTV	Loan-to-Value Ratio	Shows the share of the asking price financed by the calculated loan amount.
	Payback period	Before- and after-estimated-tax payback periods	Estimates how long modeled buyer cash flow would take to recover the entered contribution.
Price and return context	Operating earnings yield / CAP Rate	Operating Earnings Yield / Capitalization Rate	Shows annual operating earnings relative to the asking price, before buyer financing.
	Price-to-revenue / GIM	Price-to-Revenue Multiple / Gross Income Multiplier	Shows how many times annual revenue is represented by the asking price.
	Price-to-operating-earnings	Price-to-Operating-Earnings Multiple / Price-to-NOI	Shows how many times annual operating earnings are represented by the asking price.
	Monthly income-to-price	Monthly Income-to-Price Ratio / 1% Rule	Shows monthly gross income as a percentage of the asking price.
Asking-price benchmarks	Indicative Valuation	Selected-method valuation estimate	Shows a point estimate or low, base and high range from one method and compares the asking price with the base estimate; it is not an appraisal.
	Equivalent Capital	Equivalent Capital At Comparison Yield	Shows the capital amount associated with the selected operating result at your entered comparison yield.
	NIAT-preserving benchmark	NIAT-Preserving Purchase Benchmark	Shows the purchase benchmark that preserves your required after-estimated-tax cash flow under the entered financing assumptions.
	Future Value	Future Value Scenario	Illustrates a possible future case from your assumptions; it is not a forecast or an IRR calculation.

Business performance

Gross incomeMonthly and annual gross income

Shows the revenue base used to evaluate operating performance and debt capacity.

Operating earningsMonthly and annual operating earnings

Shows what remains after operating expenses and before acquisition financing and estimated tax. Business results identify the financial-data source behind estimated EBITDA; property results use net operating income (NOI).

Operating marginOperating earnings margin

Shows how much of each revenue dollar remains after operating expenses.

Operating expense ratioOperating expenses as a percentage of gross income

Shows how much revenue is consumed by the operating cost structure.

Break-even revenueBreak-even gross income / revenue

Shows the revenue needed to cover operating expenses and proposed debt payments.

Revenue cushionIncome / revenue cushion above break-even

Shows how much room current revenue has above the calculated break-even level.

Financing and buyer cash

Buyer cash contributionEntered buyer cash contribution

Shows the cash applied to the purchase price and used in the financing and Cash on Cash calculations.

Loan amountCalculated acquisition loan principal

Shows how much of the asking price remains to be financed after the buyer contribution.

Debt serviceMonthly and annual debt service

Shows the calculated loan-payment burden under the entered rate and amortization term.

Actual DSCRActual Debt Service Coverage Ratio

Shows whether operating earnings cover the proposed annual loan payments.

Before-tax buyer cash flowBefore-estimated-tax cash flow

Shows the estimated cash remaining after operating expenses and proposed debt payments.

Estimated taxEstimated monthly and annual tax

Shows the tax amount produced by the entered average tax-rate assumption.

NIATNet Income After Tax

Shows the estimated buyer cash remaining after financing and the entered tax assumption.

Cash on CashCash on Cash

Shows annual before-estimated-tax buyer cash flow relative to the entered buyer contribution.

After-tax Cash on CashAfter-tax Cash on Cash

Shows annual after-estimated-tax buyer cash flow relative to the entered buyer contribution.

LTVLoan-to-Value Ratio

Shows the share of the asking price financed by the calculated loan amount.

Payback periodBefore- and after-estimated-tax payback periods

Estimates how long modeled buyer cash flow would take to recover the entered contribution.

Price and return context

Operating earnings yield / CAP RateOperating Earnings Yield / Capitalization Rate

Shows annual operating earnings relative to the asking price, before buyer financing.

Price-to-revenue / GIMPrice-to-Revenue Multiple / Gross Income Multiplier

Shows how many times annual revenue is represented by the asking price.

Price-to-operating-earningsPrice-to-Operating-Earnings Multiple / Price-to-NOI

Shows how many times annual operating earnings are represented by the asking price.

Monthly income-to-priceMonthly Income-to-Price Ratio / 1% Rule

Shows monthly gross income as a percentage of the asking price.

Asking-price benchmarks

Indicative ValuationSelected-method valuation estimate

Shows a point estimate or low, base and high range from one method and compares the asking price with the base estimate; it is not an appraisal.

Equivalent CapitalEquivalent Capital At Comparison Yield

Shows the capital amount associated with the selected operating result at your entered comparison yield.

NIAT-preserving benchmarkNIAT-Preserving Purchase Benchmark

Shows the purchase benchmark that preserves your required after-estimated-tax cash flow under the entered financing assumptions.

Future ValueFuture Value Scenario

Illustrates a possible future case from your assumptions; it is not a forecast or an IRR calculation.

Indevest uses business terms for a business purchase and real-estate terms for an income property.

Use the result

Test, compare, save, and explain the analysis.

Test different assumptions

Change price, financing, or operating assumptions and see how the result responds.

Save alternative scenarios

Preserve named alternatives without replacing the saved baseline.

Compare opportunities

Review compatible saved analyses side by side without an automatic winner.

Keep the decision trail

Save sources, notes, revisions, missing information, and manual workflow status.

Create usable output

Import structured inputs and create reports and permitted exports tied to saved work.

Get a clearer explanation

Use AI to explain the saved calculation without changing its numbers or choosing for you.

See plans and pricing

See the result

See the KPIs in a finished business review.

View the sample report

Review your own opportunity

See what the numbers support.

Free account. No credit card required.

Analyze an opportunity free View the sample report