Use an Operated Asset Group to model build-to-rent (BTR) and other properties with rental income.
Set up rental income
- Open the Revenue section and add an Operated Asset Group.
- Open the group to edit its units and income assumptions.
- Enter rent on a weekly, monthly or annual basis, or per square foot or square meter. Adjust the number of weeks let where needed.
- Review the annual income calculated for the units.
Set operating costs and value
- Enter operating costs as a percentage of annual income or per unit of area.
- Allow for voids or a rent-free period where relevant.
- Set the yield to calculate gross property value.
- Add purchaser costs to calculate the net revenue or valuation.
The same revenue group supports income-producing assets such as commercial property, retail, leisure, industrial property and purpose-built student accommodation.
For the wider workflow, read How to use the Revenue section. To record income without a capital sale value, read Add a separate income stream.
Video walkthrough
If you need help with your project, email support@aprao.com.