Introducing Relm Reports.

Building the model

Manual edits & assumptions

Override any cell, any assumption, any debt term — and have the model recompute live.

Relm TeamUpdated 3 min read
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The AI-generated pro-forma is a starting point, not a finished model. You'll almost always have a perspective on certain assumptions (rent growth, exit cap, debt rate) that's better than the default. Editing is meant to be fast.

How to edit a cell

  1. Click into the Financial section.
  2. Flip on Edit Mode (top-right of the workspace).
  3. Click any cell to edit it.
  4. Type the new value. The model recomputes downstream cells live.
  5. The save bar at the bottom tracks pending edits.
  6. Click Save when you're ready to commit.

See Edit mode and the save bar for the full editing semantics.

What's editable

Almost everything:

  • Income line items — GPR, Other Income, Vacancy %.
  • Operating expense lines — taxes, insurance, utilities, R&M, payroll, marketing, mgmt fee.
  • Capital items — capex, TI, LC, one-time inflows.
  • Debt terms — interest rate, LTV, IO period, amortization, multiple tranches.
  • Top-level assumptions — rent growth, expense growth, vacancy assumption, exit cap rate, hold period.

A few things are not editable directly because they're derived:

  • EGI — derived from GPR and Vacancy.
  • NOI — derived from EGI and OpEx.
  • NCF — derived from NOI, Capital Items, and Debt Service.

Edit the inputs to those, not the outputs.

Per-year vs assumption edits

There are two ways to change a value:

  • Edit a specific year's cell. Click Year 4's R&M line, type a new value. Only Year 4 changes.
  • Edit the assumption that drives the line. Edit the R&M growth rate. Every year's R&M recomputes.

The second is what you usually want. Per-year overrides are useful for known one-time events (a planned capex in Year 3, a known tax appeal landing in Year 2).

Assumption rationales

When you click an assumption cell, the side panel shows the rationale for the AI-generated default. Example:

Year-1 rent growth: 3.0% Rationale: submarket median rent growth past 24 months (3.2%), discounted slightly for incoming supply pipeline (8% increase to inventory over 18 mo).

This is the kind of context you usually want when deciding whether to override. The rationale comes from the agent's chain-of-thought and is preserved across re-generations.

Override badges

Once you've overridden a value, the cell shows an Override badge. The original AI-generated value is preserved in version history and can be reverted.

Bulk edits

For now, edits are per-cell. You can change "every year's expense growth from 3% to 2.5%" by editing the expense-growth assumption (which propagates to every year). True multi-cell selection-and-paste is on the roadmap.

If you need to do dozens of edits at once, export to Excel, edit there, and push back — the round-trip preserves your edits.

What's next

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