Underwriting methodology,
end-to-end,
on eight named floors.
Every TropicBay acquisition clears eight floors before a term sheet goes out. The floors below document the thresholds, the sources each threshold is grounded in, and the named constants on disk. Read the deck or talk to a founder to walk through the underlying model.
The four numbers that gate every acquisition.
These are the thresholds a property must clear before TropicBay will commit LP capital to it.
01 · Yield
8–12% · 8–12%
targeted annual net
02 · Leverage
0%
third-party debt
03 · IRR floor
≥ 14%
7-year per property
04 · Hold
5–7 yrs
targeted exit window
Open one, see the threshold and the source it cites.
Each floor links a concrete threshold to the constant on disk the threshold is grounded in. Numbers are illustrative targets, not guarantees.
Read the deck, or open a founder conversation about underwriting.
The deck PDF carries the full acquisition, ROI, and management slides; the founder call walks through the per-property model and the term-sheet template.