You know the moment. The memo reads clean, the story holds, and then you hit the capital stack and start jumping between sections to confirm the basics. LTV and LTC show up, but DSCR is buried, debt yield has to be inferred, and the maturity schedule sits in a paragraph that needs a calculator. This is where time goes. You piece together rate structure, hedge terms, and recourse from different pages while trying to size refinancing risk against current rates. It should be simple work. It rarely is. Underwriting ~10 min to run Assess Capital Stack and Leverage Vic prompt Use Vic to assess the leverage and capital stack on this 200-unit multifamily acquisition for me. Purpose An LP sees the full debt risk profile before committing capital. The same analysis that takes a human analyst 90 minutes completes in about 10 minutes. Inputs Deal Financing Required Market Optional Outputs A sourced leverage and capital-stack risk read that flags how much leverage risk sits beneath the LP's equity position. Time saved Turns about 90 minutes of manual work into roughly 10 minutes. How it works Run a single command: "Use Vic to assess the leverage and capital stack on this 200-unit multifamily acquisition for me." Provide the financing materials, and add market context if you want a tighter read on rates. Vic reads the stack like a credit-focused LP and returns a concise, sourced assessment. The output focuses on the debt metrics that matter to equity risk. You get LTV and LTC, DSCR, and debt yield, each tied to its source so you can trace every number. This is not a summary that asks for trust. Every figure is anchored, which matters when you are sizing first-loss exposure. It also pulls forward details that tend to get lost. Maturity and refinancing exposure are set against the current rate environment so you can judge how tight the exit looks if conditions hold or shift. Rate structure is spelled out, along with any hedge, so floating risk is clear. Recourse is called out directly, without digging through legal sections. The goal is not to restate the memo. It is to read through it and surface the debt risk under your equity. If DSCR is thin at today’s rates, you see it. If debt yield looks strong but maturity is close and the hedge is light, that tension is obvious. If the stack is conservative, that shows up too. For LPs and investment committees, this turns a familiar 90 minute review into about 10 minutes. The time savings matters, but consistency matters more. Every deal gets the same treatment, the same metrics, and the same sourcing standard, which makes comparisons cleaner across a pipeline. There is a quiet benefit. When the read is consistent and sourced, the discussion improves. Less time goes to agreeing on the numbers. More time goes to whether the risk is priced right. That is where decisions belong. Use it for new acquisitions or for existing assets where financing has drifted out of date. Either way, you get a clear answer to a simple question: how much risk sits under your equity, and how exposed is it to the rate environment right now.