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Using the add-in

Pro-forma in Excel

Working with the imported pro-forma in Excel — formulas, named ranges, and what to watch for when you re-import or push back.

Relm TeamUpdated 2 min read
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Once you've imported a property's data into your Excel workbook, the pro-forma is yours to model. This page covers a few less-obvious features.

Where the reasoning lives

The imported sheet carries the numbers and formulas, not the AI's reasoning. A Sources & Citations block at the bottom of the Pro Forma sheet lists the sources behind the line items. To see why a line has its value, open it on the Financial Pro-Forma page in Relm — the line's detail view shows its Methodology & AI Reasoning and Sources & Citations.

Named ranges for the model

The imported pro-forma uses named ranges for its cap rate and financing inputs:

  • purchase_price, down_pmt_pct, interest_rate, amort_years, closing_costs_pct, eff_tax_rate
  • suggested_cap_rate, use_suggested_cap, custom_cap_rate, exit_cap_rate
  • loan_amount, annual_ds, total_equity (calculated)

You can reference named ranges in formulas elsewhere in the workbook. The names are stable across re-imports.

Names apply to the whole workbook, so keep one property's pro-forma per workbook: importing a second property's pro-forma repoints these names — and the first property's formulas that use them — to the newest import.

Common operations

  • Switch to base case. Re-import discards your worksheet edits and pulls the cloud version. (Push back first if you want to preserve.)
  • Sandbox a what-if scenario. Duplicate the Pro Forma sheet, edit the duplicate. The original stays as imported; your duplicate is your scratch.
  • Plug into a master template. Reference the named ranges from your firm's standard template.

What changes mid-model

A re-generated pro-forma in the web app can change the structure of the model in rare cases — adding a new line item, renaming one. The add-in doesn't warn you about structural changes up front; you'll see them when you push back:

  • If the pro-forma changed in Relm since your import, push-back asks before overwriting it.
  • Rows whose label no longer matches are skipped, and the success message tells you how many.

Re-import to pick up the new structure.

What's next

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