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When you click on Add New Unit from the Realty Analytics Ribbon, you'll see this window.
 Enter the Unit Number
Enter a unique unit number for this lease. The number must be numeric. Just make certain that the number is unique for all others that you will enter.
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 Enter the Tenant Name
Enter the name for this tenant as you would like it to appear in the rent roll report.
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 Enter the Lease Rate
Enter the lease rate for this new tenant and the basis upon which to calculate the rate. For more information on how to do this, see Entering Basic Lease Data | |
 Enter the Rentable square footage
Enter the total rentable square footage for the new lease. For more information about total rentable square footage, see Adding a new lease | |
 Specify the Lease Type
Use the drop down list to specify the new lease type. This selection is exported to the rent roll but does not affect the model in any way.
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 Enter the Lease Dates
Enter the beginning and ending dates for this lease. The beginning date is important, as it drive the date at which expenses can be recovered. If, for example, you have a vacant unit and specify that the lease will commence one year out, you will not be able to recover any expenses from that tenant prior to that date.
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 Prepaid Rents
Enter the amount of prepaid rents for this tenant. The model uses this number in calculating prorations and closing cash required.
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 Deposits Held
Enter the amount of any security deposits held for this tenant. The model uses this number to calculate prorations on the HUD-1 sheet.
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 Renewal options
Enter the number and duration of any lease renewal options controlled by this tenant. This does not affect the model, but the information is exported to the rent roll report.
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 Okay
When you're satisfied with all of the data that you've entered for the new lease, click okay. The lease will automatically be added to the list.
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