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Explanations Beside the Numbers

Read a term, inspect a calculation, and see which changes need attention in the model.

Actual Model interface · Sample project

Model explanation panel beside the calculation

Model explanation panel beside the calculation

Actual Model interface · Sample project

Launch FeatureIllustrative explanation view
01 / A useful definition

Financial Definitions.

Open a financial term for its definition and context without leaving the model.

Hover, click, tap, or focus a term to read its definition. Press Escape to close it.

02 / Follow the values

Open the calculation.

See the equation and the values behind the result. Follow the logic before you rely on it.

Base case / Inspect a resultIllustrative explanation view
Annual cash after interest$112,500
Open the calculation

Annual cash after interest = net operating income − annual interest.

Net operating income$210,000
Annual interest$97,500
Annual cash after interest$112,500

Interest-only sample: $1,500,000 × 6.5% = $97,500 annual interest.

Illustrative Base case: $210,000 net operating income − $97,500 annual interest = $112,500 annual cash after interest. Net operating income (NOI) is income after operating expenses. A simplified example with interest-only debt. It leaves out fees, taxes, principal payments, and changes over time.
03 / Understand the change

See what changed.

After an edit, review the changed values in Live Returns. Open the relevant inputs, calculations, and checks to understand the effect.

Base case → Higher build costFixed illustrative edit
Starting point
Hard cost / SF
$185
Annual interest
$97,500
Annual cash after interest
$112,500
After the cost change
Hard cost / SFChanged assumption
$210
Annual interestChanged result
$107,250
Annual cash after interestChanged result
$102,750
A fixed before-and-after still using the Base case and Higher build cost frames. It illustrates a change explanation; visitors do not edit assumptions here.
FAQ

Questions about explanations.

Is an AI inventing the explanation?

Explanations use reviewed definitions and templates tied to the model's numbers.

Is this financial advice?

No. Explanations help you understand the calculation. The assumptions and decisions still need your judgment.

Related

Follow the reasoning.