Property Rental Forecasting Software

Forecasting and Budgeting

The Rental Forecasting module allows modelling of rental income from your portfolio by creating ‘scenarios’ to calculate your future exposure to risk. Scenario assumptions are made on future rental rates, settlements and vacancy caused by lease expiration or exercise of available options.

The module uses existing property/unit and lease information in the database to look ahead to future events such as rent reviews and options to terminate leases. It then enables the user both to modify these events and to create their own to reflect local conditions and the user’s own expectations of the future cash flow generated from the portfolio. Multiple scenarios can be created, enabling the property manager to compare predicted outcomes between scenarios and improve decision making based on the outcome of these comparisons (hold/sell decisions). All details of the forecast, once complete, are reported in a graphical format.

Features include:

  • Scenario analysis for portfolio or individual properties
  • Draws events direct from Property Database
  • Ability to override core events to reflect local conditions
  • Copy scenario function
  • Multiple scenarios enable ‘what if’ comparison
  • Graphical reporting
  • Multiple rental rate uplifts
  • Forecast on a cash or accruals basis
  • Accruals accommodate Rent Straight Lining (FASB13, UITF28) and prepayments
  • Incorporates all rent and turnover rent associated with the unit
  • Modelling of indexation parameters for index linked leases
  • Allows modelling of retail turnover for turnover based leases
  • Allows a model to become the financial income budget with the General Ledger for actual versus budget variance reporting on an accrual basis
  • Allows a model to become cash budget for actual versus budget variance reporting on a cash basis

 

For any questions please call 610 431 9080 or email marketingUS@qubeglobal.com