Whether you are an owner or a tenant, you need to estimate the financial status of each lease. How profitable is the lease? How does it compare to other leases in terms of net income? How will the lease costs impact cash flow? What are the budgeted and actual costs per building or property?
By entering your lease's regularly occurring cost information -- base rents, parking space rental, cleaning costs, utilities -- you can quickly develop a cost model that shows the impact of these costs. Once you get a handle on these recurring expenses, you can expand the system to include one-time expenses such as leasehold improvements. Because both tenants and property owners need a financial picture of their leases, the system indicates costs as expenses or income so that the system can be used by tenants, landlords, and companies both owning and occupying their buildings.
Property owners and managers need to track and manage property costs for accounting purposes and to maximize their return on investment. The Cost Administration application helps property owners and managers organize, record, manage, and analyze detailed real property costs. ARCHIBUS provides the Straight-Line Rent report that calculates and compares straight-line rent adjustments with actual rent differential analysis.
You can estimate CAM costs, analyze CAM cost performance using the Lease CM Reconciliation report that reconciles the actual rent
The application includes lease profiles for indexing, simplifying the generation of indexed rents, and profiles for CAM costs, enabling you to estimate CAM costs. The Lease CAM Reconciliation report enables you to then analyze CAM cost performance. The application also includes a wizard that guides you through the steps of entering recurring costs, scheduling these costs to create an individual occurrence of the cost, and approving these costs so that they are actual costs that you have verified. Using the wizard you can associate costs with leases, buildings, properties, or accounts.
Demo Screen - Cash Flow Report