Property RevPAR
$117.48
Riverton_page 1
Confidence · High
Public sample deal · bounded view
Select-service · 102 keys · Riverton Airport Market · T-12 ending June 30, 2026
IC summary verdict
Coverage on the financing proposed in the OM is using underwriting NOI; the ask is above the value the OM’s own financing and return terms support. The seller’s rooms-revenue claim exceeds the operator statement by .
Market metric · one bounded proof
Property RevPAR / Comp-Set RevPAR * 100
No index value was emitted. The property side computes, but the package carries no competitive set.
Property RevPAR
$117.48
Riverton_page 1
Confidence · High
Competitive-Set Coverage
No competitive set is included in this package.
Riverton_page 1
Confidence · High
Glass box · lineage
Division · 2 operands
Multiplication · 2 operands
Source package
Riverton_ Landing_ T12_ Operating_ Statement.xlsxRiverton_ Landing_ Offering_ Memorandum.pdfRiverton_ Landing_ Market_ Overview.pdfBroker market overview
Competitive-set coverage · absentNo competitive set is included in this package.Riverton_
Operating statement
Plain figures are intentionally non-interactive. Evidence appears only on the bounded public subset.
Variance = Underwriting − T-12 (default); Underwriting − Pro-Forma (secondary).
not computable — view not extracted
| Account | T-12 Actual | OM Pro-Forma | Underwriting | Underwriting − T-12 | Underwriting − Pro-Forma |
|---|---|---|---|---|---|
| Rooms Revenue | $5,040,000 | $4,373,655 | $0 | −$666,345 | |
Designed break · both sources Current T‑12 rooms revenue$4,800,000 seller$4,373,655 operator$426,345 overstatement Seller package Riverton_ Seller-stated current T‑12 Rooms Revenue$4,800,000 Operator statement Riverton_ Rooms Revenue$4,373,655 | |||||
| Food & Beverage Revenue | $385,000 | $404,250 | $385,000 | $0 | −$19,250 |
| Other Operated Revenue | $142,500 | $149,625 | $142,500 | $0 | −$7,125 |
| Miscellaneous Income | $96,845 | $101,687 | $96,845 | $0 | −$4,842 |
| Total Operating Revenue | $5,695,562 | $4,998,000 | $0 | −$697,562 | |
| Rooms Expense | $1,181,000 | $1,310,400 | $1,181,000 | $0 | −$129,400 |
| Food & Beverage Expense | $300,300 | $311,273 | $300,300 | $0 | −$10,973 |
| Other Operated Expense | $92,625 | $95,760 | $92,625 | $0 | −$3,135 |
| Total Departmental Profit | $3,424,075 | $3,978,129 | $3,424,075 | $0 | −$554,054 |
| Administrative & General | $419,832 | $455,645 | $419,832 | $0 | −$35,813 |
| Sales & Marketing | $612,279 | $701,089 | $612,279 | $0 | −$88,810 |
| Property Operations & Maintenance | $249,900 | $273,387 | $249,900 | $0 | −$23,487 |
| Utilities | $229,908 | $250,605 | $229,908 | $0 | −$20,697 |
| Information & Telecom Systems | $99,960 | $113,911 | $99,960 | $0 | −$13,951 |
| Total Undistributed Expenses | $1,611,879 | $1,794,637 | $1,611,879 | $0 | −$182,758 |
| Gross Operating Profit (GOP) | $1,812,196 | $2,183,492 | $1,812,196 | $0 | −$371,296 |
| Management Fees | $0 | $0 | $149,940 | $149,940 | $149,940 |
| Franchise Fees | $0 | $0 | $0 | $0 | $0 |
| Insurance | $74,970 | $78,000 | $74,970 | $0 | −$3,030 |
| Property Taxes | $149,940 | $157,000 | $60,760 | $53,700 | |
| Rent / Ground Lease | $0 | $0 | $0 | $0 | $0 |
| EBITDA | $1,587,286 | $1,948,492 | $1,376,586 | −$210,700 | −$571,906 |
| Reserve for Replacement (FF&E) | $199,920 | $227,822 | $199,920 | $0 | −$27,902 |
| Net Operating Income (NOI) | $1,387,366 | $1,720,670 | $1,176,666 | −$210,700 | −$544,004 |
Producer flags · values only
The producer emitted values for all eight flags, but no benchmark reference or severity classification. This view keeps that state explicit.
| Flag | Computed value | Severity state |
|---|---|---|
| F1FF&E Reserve % of Revenue | 4.0% | Severity not classifiedBenchmark reference unavailable |
| F2Implied Assessed Value (trailing tax / property-tax rate) | $15,300,000 | Severity not classifiedBenchmark reference unavailable |
| F3Pro-forma NOI Overstatement % | 46.23% | Severity not classifiedBenchmark reference unavailable |
| F4Pro-forma Flow-Through % | 53.2% | Severity not classifiedBenchmark reference unavailable |
| F5Management Fee % of Revenue | 3.0% | Severity not classifiedBenchmark reference unavailable |
| F6Asking-vs-Supported Spread % | 62.42% | Severity not classifiedBenchmark reference unavailable |
| F7DSCR | 1.02× | Severity not classifiedBenchmark reference unavailable |
| F8Facility Fee in Miscellaneous Income (placement signal) | $0 | Severity not classifiedBenchmark reference unavailable |
24 mapped statement lines plus the re-footed variance · 3 engine views with the prior-year absence stated honestly · 2 drilled lines · 1 withheld metric, naming the input it lacked · 4 digests.
The line sits where the manifest puts it. keytwelve-public-slice-manifest.v1 declares 3 interactions and a maximum drill depth of 2, and everything it declares is on this page at that depth — the cut is declared, not hidden. What is below it is the same machinery run against your own package, which is a different thing from a longer version of this one.
Fit criteria are stated before the form · reviewed by a person