Note: The job is a remote job and is open to candidates in USA. Invest with Roots is a wealth-building platform focused on making financial growth accessible. They are seeking a detail-oriented Real Estate Underwriter to support their real estate team with financial modeling, deal analysis, and investment decision-making.
Responsibilities
- Build and maintain pro forma models for potential acquisitions across multiple asset types and deal structures
- Analyze deal economics, including cash-on-cash returns, IRR, equity multiples, NAV impact, yield on cost, debt service coverage, and sensitivity to key assumptions
- Stress-test assumptions around rent growth, operating expenses, cap rates, exit timing, leverage, interest rates, hold periods, and capital needs
- Partner with acquisitions, asset management, finance, and leadership to translate deal terms, business plans, and market assumptions into clear model inputs
- Evaluate potential acquisitions across asset types such as multifamily, build-to-rent, mixed-use, value-add, and other residential-focused real estate opportunities
- Support capital structuring analysis, including debt assumptions, equity requirements, refinancing scenarios, and investor return profiles
- Maintain and update models as deals move through the pipeline, from initial screening through investment committee review and closing
- Review operating statements, rent rolls, market comps, loan terms, third-party reports, and other diligence materials to support underwriting assumptions
- Identify key risks, sensitivities, and value drivers in each deal and clearly communicate them to the team
- Summarize model outputs into clear investment memos, decision-support materials, and committee-ready presentations
- Support ongoing portfolio performance analysis, including actual-to-budget reviews, valuation updates, NAV-related analysis, and scenario planning
- Help improve our underwriting process, model templates, internal reporting, and investment committee materials as the team continues to grow
Skills
- 2–5 years of experience in real estate finance, acquisitions, investment banking, private equity, asset management, or a similar analytical role
- Strong real estate financial modeling experience, including acquisition models, operating projections, debt schedules, return calculations, and sensitivity analysis
- Advanced Excel skills and comfort building, auditing, and improving complex models
- Strong understanding of commercial real estate fundamentals, including valuation methods, cap rates, NOI, debt structures, refinancing assumptions, waterfall mechanics, and investor return metrics
- Comfort working with deal materials such as rent rolls, operating statements, market comps, loan terms, appraisals, inspections, and due diligence reports
- Strong attention to detail and the ability to work efficiently under deal-cycle timelines
- Clear written and verbal communication skills, with the ability to explain model outputs and investment considerations in plain English
- Curiosity, sound judgment, and the ability to ask good questions when assumptions, inputs, or deal terms are unclear
- Experience analyzing multifamily, build-to-rent, mixed-use, value-add, or residential real estate investments is strongly preferred
- Bachelor's degree in Finance, Real Estate, Accounting, Economics, Business, or a related field preferred
Company Overview