Real Estate Financial Dashboard Solutions
Enhance your business performance through our real estate/property management dashboard solutions
- Intuitive and easy to understand visual charts and tables providing critical information and business data at a glance
- Measure and monitor 10+ Key Performance Indicators (KPIs) driving your real estate business such as occupancy, collection factor, net operating income
- Analyze operating and financial data on per square foot, per unit or on actual basis
- Improve tracking of expenses helping drive better Net Operating Incomes and Higher Profits
- Our solution works with Argus, Excel, Yardi (Genesis and Voyager), AppFolio, OneSite, MRI, Spectra, Timberline, NetSuite and QuickBooks
40-60% cost savings compared to in-house hired staff or onshore service providers
300+ Clients in USA (100+ commercial and residential real estate firms)
Staff with 6+ years of relevant real estate experience in management reporting functions
Benefits of Dashboards
Effective Visual Reporting
Dashboards provide easy to understand visual data, providing critical information and insights at a glance. Multiple surveys have demonstrated that as many as 74% of business executives credit visual reporting for high increase in business insights. Get More Insights about Your Business Today!
Drill into Detail
Dashboards can be made as drilled in detail as required. Review the same data in different ways- ratios, actual vs budget variances, month-on-month changes, actual against YTD, or as proportion of sales/total expenses. We can provide the information in a way most relevant to you
Measure and Monitor the Health of Your Business
Well-designed dashboards enhance owners/user’s capabilities to measure and monitor key factors driving business performance. They also help owners measure and track business performance itself in metrics beyond profitability and revenues. For instance, real estate firms can measure vacancy, collections, concessions and expense factors to drive better rental income and Net Operating Incomes (NOI)
Driving Greater Business Efficiency
Well-crafted dashboards create easy to understand visual summaries of data that are regularly updated. Quick processing of information and fast access to key data helps drive faster decision making and higher efficiency
Customizable
Dashboards could be customized at user level. Each decision level dashboard can be customized to present the most valuable and useful set of information. This allows each person to see the level of detail that they need to
Our Dashboard Solutions
Standard Fixed Cost Dashboard
For real estate companies, we offer a standard fixed cost dashboard solution, that’s been outlined below. Applicable for firms managing less than 500 units.
Our standard fixed cost dashboard solution will cover the following:
Property Performance Executive Summary
A simple one paragraph executive summary that crisply summarizes the property’s operational and financial performance.
Property Dashboard
Vacancy Section
- Occupancy %: The proportion of Total Units in the property that are vacant – Number of Units, Number of Vacant Units
- Vacancy Distribution (Number of Vacant Units in <30, 31-60, 60+ Days) – This distribution provides number of units that have been vacant under 30 days, under 31-60 days and over 60 Days.
- Vacancy Cost: The cost of vacant units (vacancy) for the month (This parameter captures the cost of vacancy for the month.)
- Number of Move-Outs (Including Notice Units) – The number of units where the residents have moved out in the month or have given notice to move-out.
Rental Income Section
- Income Chart showing – Gross Potential Rent (GPR), Gain To Lease/LossToLease, Gross Rent, Vacancy Loss, Concession Loss, and Writen Off Rent, Net Collectible Rent and Net Collected Rent
- Rent Per Unit 6 month trends (Rent PSF Basis if Retail/Commercial Client)
- Number of Move-Ins
- Renewal Factor: Proportion of expiring/expired leases that get renewed
- Collection Factor: Proportion of rental and other income collected every month
Financial Summary
- Net Income Chart covering key financial metrics
- Expense Actual Vs Budget/YTD Comparison
- Key Liabilities Summary of liabilities such as real estate taxes, accrued expenses, insurance and mortgage
- Contribution and Distribution Chart (*Upto Three Partners/Members)
Custom Real Estate Dashboards
Our custom real estate dashboards cover:
- Detailed Monthly/Quarterly Rental Dashboard covering Rental Income, Other Income, Concessions, Vacancy, Collections, Move-ins, Renewals and Move-outs
- Detailed Financial Dashboard covering Rental Income, Key Expenses, Net Operating Income and Net Income in $$ figures and in per unit/per sqft (psf) basis
- Executive Summary covering Income, Expense, Key Liabilities and Partner specific Distributions related observations
- Income and Expense Variance Mapping against budgeted values
- Trends of Rental Income, Other Income, Net Operating Income and Net Income
- Tracking of customer specified custom parameters such as Debt Yield, NOI margins % and more
Interested In Knowing More
Software Expertise
Pricing
Our indicative standard charges for the above solution is defined here. Custom quote available based on your requirements and number of properties/units.
Our Blog
5 Characteristics of a Highly Effective Business Dashboard
A highly effective business dashboard keeps track of key performance indicators with business intelligence reporting features. Real estate dashboards are highly efficient and contribute to better business outcomes. These dashboards also deliver ease in work execution for internal employees as […]
- January 23, 2018
- admin@ohi
Choosing the Right Type of Dashboard for Your Business
Every real-estate project has a multitude of aspects and it can all get out of your hands quickly. For example, a real estate company can deploy a dashboard to display the daily progress of all of its under-construction projects. Any […]
- January 29, 2018
- admin@ohi
Top 5 Benefits of a Business Dashboard
Business intelligence dashboard is used to keep track of KPIs, key data points, and much more. Dashboard reporting offers a quick glance at the current performance of the particular task. Well defined dashboards are perfect to manage big data. Dashboards […]
- January 19, 2018
- admin@ohi
What Should a Good Real Estate Dashboard Cover?
With an overall increase of 6.5 percent in U.S. housing stock in 2017 alone, the last couple of years have been robust for real estate market of USA. Keeping up with the trend, real estate developers and firms are leaving […]
- June 12, 2018
- admin@ohi
Your Guide to Designing and Building an Efficient Financial Dashboard
What is a Financial Dashboard? Financial dashboards are comprehensive management tools that help organizations to keep track of relevant financial KPIs and take quick actions on the pressing financial issues. Financial management dashboards help with providing an efficient cash management […]
- January 26, 2022
- admin@ohi
