Overview of the most important features of the financial sector of the current portfolio is presented. The main figure is the estimated1 Total income of the present year, which consists of the expected lease incomes.
The total value and its ratio over gross floor area of the units in a portfolio is displayed for the following quantities.
Stock value: The sum of values of the units in a portfolio.
Gross rental income per month: Total income divided by 12 and its ratio over gross floor area of the units.
CapEx = AU * SUM(RB)/ AG. + RU
OpEx = AU * MG / AG. + MU
NOI = Total income - OpEx - CapEx
The value is presented in percentages for the quantities below.
Gross initial yield = Total income / Stock value
Gross initial yield = (Total income - OpEx - CapEx) / Stock value
Internal rate of return (IRR): IRR is solved from equation SUM(Ct * (1 + r)-t) = C, where the sum runs from t = 1 to t = 30, r is IRR, Ct is NOI of the current year + t, and C is Stock value of the current year.
Average days to lease: For the present year and a portfolio, the average count of days between the end and start dates of two subsequent lease agreements.
Tenant turnover: For the present year and a portfolio, the ratio of new leases and units.
The estimated history of Stock value on a monthly basis.
The past and the estimated1 future rate of vacant days in a year.
The value of the leases estimated2 to expire.
The estimated future of CapEx3 and Total income1.
AU = the sum of the areas of the units in a group.
RU = the sum of the renovations of the units.
RB = the building renovation costs of the present year.
SUM(RB)= the sum of all RB in a group.
AG = the gross floor area of a group.
MG = the group maintenance costs of the present year
MU = the unit maintenance costs of the present year