napkn Reviews & Product Details

napkn is Quebec-built software for analyzing multifamily buildings of 5 units and more ("multilogement"). Investors paste the link of a listing, and napkn takes them from the listing to the capital the building can give back, before they make an offer. What napkn does - Data extraction: pulls the building's data from the listing and computes the normalized net operating income (revenu net normalisé, RNN), the figure lenders use, along with the current market rent for the area. - Renovation cost estimator: more than a hundred renovation and construction items priced by a construction estimator, with building recognition from photos, satellite imagery and LiDAR. - Lender comparison: compares financing from the most active banks in Quebec on debt coverage ratio, amortization and qualifying rate. - Refinancing: models CMHC insured refinancing, including MLI Select at the 50, 70 and 100-point tiers, with qualifying rates based on Canada Mortgage Bonds, updated every six hours. - Capital recovery and fundraising: shows how much of the down payment the investor can recover to buy the next building, and produces a personalized pitch deck to present the project to partners. Who it is for Real estate investors buying or optimizing rental buildings of 5 units and more in Quebec, from a first multiplex to a growing portfolio. napkn is built around Quebec's lenders, costs and financing rules. It is not designed for buildings outside Quebec, or for duplexes and triplexes kept as they are. How it works The interface is in French. A 30-minute quick-start guide gets new users analyzing their first listing the same evening, and the subscription includes the e-book "Les lunettes de l'investisseur". Pricing CA$800 per year, taxes included, unlimited analyses, with a full refund within 7 days. Payment in four interest-free installments through Klarna is available. napkn is analysis software, not financial advice: results depend on the assumptions entered by the user.