To access the Income Estimator, select that option from the dropdown window next to "Use Income From:" The estimator will allow you to enter an income stream quickly. You can also use the estimator in conjunction with the detailed lease analysis if you want to set up a recurring revenue stream in addition to the lease data. For example, you may have a commercial property with six leases and a tower lease, or yard storage lease.
While the Income Estimator is a quick and easy way to establish an income stream, be aware that if you use this feature instead of entering data for each lease - the rent roll report and the lease expiration report will not function. These reports import data from the detailed lease entry forms and without that data, they will not produce the report.
 Adding Unit Type
Using the Income Estimator is simple and intuitive. Just enter a description of the income stream, the number of units of that type, and the monthly rent.
|
|
 Increasing the Income
You can increase or "grow" the income over time to adjust for rent increases, or a negative number to reflect a loss of revenues over time. When you are satisfied with your entries, click OK, the model will generate the income stream based upon your entries.
|
|