Glossary

Rent roll

A document listing every unit or tenant in a property with its rent, lease term, area and occupancy — the backbone of the income side of an underwriting model.

A rent roll is a snapshot of a property's income: each unit or tenant, the base rent, the leased area, lease start and end dates, and occupancy status. It is the primary input for the income side of an underwriting model.

Because rent rolls arrive in inconsistent formats and should be checked against the underlying leases, analyzing one by hand is slow and error-prone. Tools that extract and reconcile the rent roll automatically remove that bottleneck.

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