A budget that rebuilds itself
Cayda turns the parcel record into a working development model — linked schedules, your house conventions, and returns that move the moment an assumption does.
Linked schedules, not a static export
What you get is a real workbook. Change a cost per square foot and the basis, the yield on cost, the debt sizing and the partnership returns all move together, because they were linked when the model was written rather than pasted afterwards.
01
Program from the envelope
Unit count and buildable area arrive from the zoning read, so the budget starts from what the site can actually hold.
02
House conventions
Blue inputs, black formulas, negatives in parentheses, units on every schedule — your standards, applied on the first pass.
03
Live recalculation
Every dependent figure updates as inputs move, and each one shows a loading state so you can see the model thinking.
How it works
From envelope to returns
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01
Set the program
Unit mix, average size and delivery phasing come pre-filled from the entitlement read, and stay editable in the sheet like anything else.
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02
Cost it from the record
Land basis from the deed, fees from the schedule, hard and soft costs from your own historicals or a cost index you point at.
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03
Watch the returns move
Yield on cost, development spread, and partnership returns recalculate as you work, with the governing constraint always visible.
Sized against every test at once
Debt comes off the same model. Cayda runs loan to cost, coverage and debt yield together and reports which test is actually governing rather than the one you happened to check.
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