Annual Rent object
What is it?
Annual Rent object is a key performance indicator that measures the total annual rent generated from a specific property. This KPI provides insight into the yearly rental income for an individual property and is useful for assessing the economic contribution of the property to the overall real estate portfolio.
How is it calculated?
Sum of yearly rent for rental objects / Number of rental objects = Yearly rent object
Why is it important to follow?
Carefully tracking the annual rent for each property is crucial for understanding and maximizing the economic returns from the real estate portfolio. By having detailed information on the annual rent for each property, property owners and managers can:
Assess the profitability and performance of each property.
Identify which properties contribute most to the total income and which may need measures to increase revenues.
Facilitate budgeting and financial planning by having a clear view of expected annual revenues.
Make informed decisions about investments, renovations, or renegotiations of rental agreements to optimize income from the real estate portfolio.
Created by Homepal
7/4/2024
Metrics and KPIs
We have standardized and automated the industry's most common KPIs. Activate with one click in our catalog and start analyzing.
A BI tool purpose-built for the needs of the real estate industry
Automate your follow-up and reporting with ready-made key figures and dashboards. Spend your time analyzing and acting instead of cutting and pasting in Excel or waiting a consultant case.
Take a step into the next generation
No gigantic IT project, no system change, no consultants. Activate an add-on solution that has already been refined for many years and with thousands of players in the real estate industry.
