Guide to Digitizing Documents and Producing Cash Flow and Rent Comparables
Step 1: Accessing the Comps Option
Begin by clicking on the Comps option located in the left-hand side navigation bar.
Step 2: Selecting Properties
- Browse through the properties available on your dashboard.
- Select the properties you are interested in by clicking the checkbox next to their names.
Step 3: Comparing Properties
Click on the Compare Properties button to proceed with the comparison of the selected properties.
Step 4: Document Selection and Comparison
- Select the documents from the listed properties.
- Choose to run either a cash flow comparison or a rent roll comparison.
- For the chosen set of documents, you can consolidate them into a single statement or conduct a comparison.
Step 5: Viewing Comparables
Click on the Show Comparables button to view the comparison of the selected documents. This will present a side-by-side comparison of the T12 numbers for all the selected properties, along with their average figures, providing a comprehensive overview.
Step 6: Returning to Previous Screen
Click on the Go Back button to return to the previous screen.
Step 7: Accessing Rent Roll Comparables
- Click on the Rent Roll tab located in the navigation bar.
- Select the documents from the listed properties.
- Click on the Show Comparables button on the top right corner of the page to produce a quick rent comparable report for all the selected properties.
Step 8: Choosing Rent Roll Options
In the Rent Roll Comp section, choose between multiple options like Net Effective Rent and Monthly Rent from the drop-down menu.
Step 9: Accessing Deals
Click on the Deals tab in the navigation bar on the left side of the screen.
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