Operating budgets are critical to understanding the property dynamics. Realty Analytics gives you the power and flexibility to set up real-world operating budgets.
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Budget Set Up Has Never Been Easier
Operating Expense set up is quick and intuitive, and you can view up to 20 years. You can use global expense increases or specify rates of change for each line item for each year. The model handles up to 26 line items, and you can specify whether the expense is Fixed or Variable. When you enter the lease date - you can specify expense recoveries lease-by-lease and item -by-item.
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Budget Set Up Has Never Been Easier
Once the operating expenses have been entered and the income stream identified - the model produces a sophisticated Pro Forma Income and Expense Statement.
You can easily adjust the number of years to display by changing the resale date.
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The Income and Expense Statement is displayed in total dollars, dollars per square foot and in dollars per unit - for the number of years that you specify.
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Any or all of these reports can be included or excluded from the business plan - if you don't need a specific report, simply exclude it when setting up the plan.
Operating Expense - Key Features
- Completely customize the budget line items and export to all other modules
- Handles both fixed and variable expenses
- Collapsible budget work area
- Calculates expenses for up to 20 years. Adjustable slider bar changes the year of sale - and results
- Computes property management fees based on gross rents or gross plus expenses
- Increase to expenses automatically for all years, or year by year by adjustable inflation rates
- Shows fixed, variable and total operating expense ratios
- Proforma is dollars, dollars per square foot and in dollars per unit
- Instant graphic feedback showing costs per foot and recoveries
- Up to 26 budget line items - fully customizable
