Motel Loans MCP

{
  "type": "object",
  "required": [
    "rooms",
    "adr",
    "occupancy_pct",
    "price"
  ],
  "properties": {
    "adr": {
      "type": "number",
      "maximum": 10000,
      "minimum": 1,
      "description": "Average daily rate in dollars, e.g. 89."
    },
    "loan": {
      "type": "number",
      "maximum": 10000000000,
      "minimum": 0,
      "description": "Loan requested in dollars. Default: price times the maximum loan-to-price."
    },
    "brand": {
      "type": "string",
      "maxLength": 80,
      "description": "Franchise brand name or slug (e.g. \"Super 8\", \"comfort-inn\") to fill franchise fees from its FDD. Omit for an independent with no franchise fees."
    },
    "price": {
      "type": "number",
      "maximum": 10000000000,
      "minimum": 1,
      "description": "Purchase price or value in dollars, e.g. 3200000."
    },
    "rooms": {
      "type": "integer",
      "maximum": 5000,
      "minimum": 1,
      "description": "Rooms (keys), e.g. 64."
    },
    "program": {
      "enum": [
        "sba_7a",
        "sba_504",
        "conventional"
      ],
      "type": "string",
      "default": "sba_7a",
      "description": "Fills rate, amortization and maximum loan-to-price the way the calculator's program buttons do. Default sba_7a."
    },
    "opex_pct": {
      "type": "number",
      "maximum": 100,
      "minimum": 0,
      "description": "Operating costs as a percent of total revenue, excluding franchise fees, management, taxes, insurance and reserve. Default 56 (the calculator example; use the trailing-12 P&L)."
    },
    "rate_pct": {
      "type": "number",
      "maximum": 30,
      "minimum": 0,
      "description": "Interest rate, percent. Overrides the program rate."
    },
    "insurance": {
      "type": "number",
      "maximum": 1000000000,
      "minimum": 0,
      "description": "Insurance, dollars a year. Default 0: pass the real figure or NOI is overstated."
    },
    "dscr_target": {
      "type": "number",
      "maximum": 5,
      "minimum": 0.5,
      "description": "Lender's minimum debt service coverage, e.g. 1.25. Default 1.25 (SBA 7(a) hotel acquisition)."
    },
    "max_ltv_pct": {
      "type": "number",
      "maximum": 100,
      "minimum": 1,
      "description": "Lender's maximum loan to price or value, percent. Overrides the program."
    },
    "reserve_pct": {
      "type": "number",
      "maximum": 50,
      "minimum": 0,
      "description": "FF&E reserve as a percent of total revenue. Default 4."
    },
    "occupancy_pct": {
      "type": "number",
      "maximum": 100,
      "minimum": 0.1,
      "description": "Occupancy, percent, e.g. 62."
    },
    "management_pct": {
      "type": "number",
      "maximum": 50,
      "minimum": 0,
      "description": "Management fee as a percent of total revenue. Default 0 (owner-operated)."
    },
    "property_taxes": {
      "type": "number",
      "maximum": 1000000000,
      "minimum": 0,
      "description": "Property taxes, dollars a year. Default 0: pass the real figure or NOI is overstated."
    },
    "franchise_fee_pct": {
      "type": "number",
      "maximum": 50,
      "minimum": 0,
      "description": "Franchise fees as a percent of rooms revenue. Overrides the brand."
    },
    "other_revenue_pct": {
      "type": "number",
      "maximum": 200,
      "minimum": 0,
      "description": "Other revenue as a percent of rooms revenue (vending, pet fees, meeting room). Default 2."
    },
    "amortization_years": {
      "type": "integer",
      "maximum": 40,
      "minimum": 1,
      "description": "Amortization in years. Overrides the program term."
    },
    "franchise_fee_per_room_month": {
      "type": "number",
      "maximum": 1000,
      "minimum": 0,
      "description": "Franchise fees per room per month in dollars. Overrides the brand."
    }
  },
  "additionalProperties": false
}

{
  "title": "Size a hotel or motel loan",
  "readOnlyHint": true,
  "openWorldHint": false,
  "idempotentHint": true,
  "destructiveHint": false
}

{
  "type": "object",
  "required": [
    "brand"
  ],
  "properties": {
    "brand": {
      "type": "string",
      "maxLength": 80,
      "description": "Brand name or slug, e.g. \"Super 8\", \"Days Inn\", \"comfort-inn\"."
    },
    "rooms": {
      "type": "integer",
      "maximum": 5000,
      "minimum": 1,
      "description": "Rooms, for the yearly fee estimate. Default 60."
    },
    "rooms_revenue": {
      "type": "number",
      "maximum": 10000000000,
      "minimum": 0,
      "description": "Yearly rooms revenue in dollars, for the yearly fee estimate. Default 1500000."
    }
  },
  "additionalProperties": false
}

{
  "title": "Franchise fees for a hotel brand",
  "readOnlyHint": true,
  "openWorldHint": false,
  "idempotentHint": true,
  "destructiveHint": false
}

{
  "type": "object",
  "properties": {
    "sort": {
      "enum": [
        "pct_fees",
        "initial_fee",
        "item7_low",
        "name"
      ],
      "type": "string",
      "default": "pct_fees",
      "description": "Sort order, lowest first. Default pct_fees."
    },
    "limit": {
      "type": "integer",
      "default": 10,
      "maximum": 50,
      "minimum": 1,
      "description": "Rows to return, default 10."
    },
    "brands": {
      "type": "array",
      "items": {
        "type": "string",
        "maxLength": 80
      },
      "maxItems": 10,
      "minItems": 2,
      "description": "Brand names or slugs to compare, e.g. [\"Super 8\",\"Motel 6\",\"Red Roof Inn\"]. Omit to list all."
    },
    "offset": {
      "type": "integer",
      "default": 0,
      "maximum": 100,
      "minimum": 0,
      "description": "Rows to skip, for paging."
    },
    "parent": {
      "enum": [
        "Best Western",
        "Choice Hotels",
        "G6 Hospitality",
        "Hilton",
        "Hyatt",
        "Marriott",
        "Red Roof",
        "Sonesta",
        "Wyndham Hotels & Resorts"
      ],
      "type": "string",
      "description": "Only brands of this parent company."
    }
  },
  "additionalProperties": false
}

{
  "title": "Compare hotel franchise costs",
  "readOnlyHint": true,
  "openWorldHint": false,
  "idempotentHint": true,
  "destructiveHint": false
}

{
  "type": "object",
  "properties": {
    "program": {
      "enum": [
        "sba_7a",
        "sba_504",
        "both"
      ],
      "type": "string",
      "default": "both",
      "description": "Which program. Default both."
    }
  },
  "additionalProperties": false
}

{
  "title": "SBA 7(a) and 504 terms for hotels",
  "readOnlyHint": true,
  "openWorldHint": false,
  "idempotentHint": true,
  "destructiveHint": false
}