1. Fovea starts with listing data
When you add a property, Fovea attempts to capture the visible listing facts: address, asking price, beds, baths, square footage, listing status, photos, description, and related page context. You can add listings by URL, browser extension, mobile share, or bookmarklet fallback.
2. Rent is treated as an assumption, not a fact
Fovea estimates rent from the available signals, which can include listing text, market context, rental comps, partner data when available, and optional Precision Rent Estimate data. The app reconciles inputs into a starting assumption, but users should verify rent independently.
3. Expenses and financing are editable
The proforma includes assumptions for taxes, insurance, financing, vacancy, repairs, reserves, property management, and other costs. Fovea gives you a practical first pass, then keeps the model editable so your local knowledge can override defaults.
4. Investor metrics are calculated from the assumptions
- Cash flow and net operating income help show whether the property may support itself under the chosen assumptions.
- Cap rate, cash-on-cash return, GRM, and DSCR make listings easier to compare.
- The investment score is a screening aid, not a pass/fail recommendation.
- Shareable proformas let you discuss assumptions with partners, agents, lenders, or advisors.
5. AI helps interpret messy listing context
AI is used to extract and summarize relevant listing details, identify possible risks, and produce a readable analysis. Fovea does not treat AI output as authoritative. Important numbers should always be checked against primary sources and professional advice.
6. Known limitations
Listings can be incomplete, stale, blocked, or misleading. Rent estimates vary by source. Taxes, insurance, financing, and repairs are highly local. Fovea is built to speed up screening, not to replace due diligence, inspections, appraisals, underwriting, or legal and tax advice.
Who operates Fovea?
Fovea is operated by Korinthos LLC. The product is intentionally focused on deal screening: get to a clear first pass, understand the assumptions, and decide whether a property deserves deeper review.