From deal documents to analysis ready for review.
I built an AI workflow that turns offering memoranda, financial statements and rent rolls into an Excel analysis pack. It combines document extraction, market research and calculations, with source references and flagged discrepancies for human review.
§ 01 How it works Two readers, one build
For AI and data professionals
Identify documents → Extract data → Add market context → Calculate → Validate → Deliver for review
- Identify documents.
The pipeline identifies the offering memo, income statement and rent roll from their contents, then routes each to the appropriate parser and extraction process.
- Extract data.
Spreadsheet parsers read rows and cells. A language model extracts property facts, maps income and expense labels, and identifies rent-roll columns within a defined set of fields and data types.
- Add market context.
The property’s location connects the deal to my rent and supply databases and public demographic data. Sources and coverage limitations stay with those inputs.
- Calculate.
The public demo’s Python engine applies the underwriting rules: category totals, trailing-period calculations, lease classifications, rent averages and occupancy. It computes the results without Excel installed.
- Validate.
Checks verify the data structure and compare calculated totals with figures printed in the source documents. Differences read REVIEW; checks without enough evidence read NOT CHECKED.
- Deliver for review.
One structured deal record supplies browser previews, a downloadable Excel pack with formulas for inspection, and named model-ready fields with source references and calculation inputs. I investigate flagged differences and confirm assumptions before making an investment decision.
For real estate professionals
Deal summary → T-12 analysis → Rent roll analysis → Market and property tax → Model inputs → Audit trail and review
- Deal summary.
Starting with the offering memo, T-12 and rent roll, the agent assembles the address, product type, unit count, year built, seller, broker and pricing into a deal summary.
- T-12 analysis.
Income and expenses are organized into standard underwriting line items, with trailing-twelve-month and trailing-three-month views. Other income, utility expenses and utility reimbursements (RUBS) receive separate analysis.
- Rent roll analysis.
Units are grouped by floor plan, keeping in-place rents separate from recently signed rents to show the leasing trend. Occupancy and turnover come with supporting dates and classifications for review.
- Market and property-tax analysis.
Rent comps, nearby supply and demographics at 1, 3, 5 and 10 miles provide market context. Billed tax rates and assessment rules inform the tax assumption, with sources noted and missing information flagged.
- Model inputs.
Deal facts, operating results, rent-roll metrics and market assumptions become named fields that can be mapped into an existing financial model. The public demo’s full list appears in the model-ready outputs tab.
- Audit trail and review.
Source references identify extracted figures and the inputs behind calculations. I cross-check the analyses, investigate flagged differences and confirm assumptions before using the outputs in an investment decision.
Here is the real output for a sample deal in Mesa, Arizona. All financial numbers are illustrative. The same output is downloadable here.
- Download sample Excel pack (.xlsx) Every tab below in one workbook, in the same order: deal summary, demand, rent comps, property tax, supply, the T-12 and rent-roll raw data / analysis / audit trail, the model-ready outputs and the audit trail. sample-underwriting-pack.xlsx
Deal summary
One card, built from the deal's own documents. Where a value could not be established it reads MISSING rather than a plausible guess — a visible hole is cheaper than a wrong number that survives into a model.
- Deal name
- Sample Mesa AptIllustrative name
- Address
- 2151 E Southern Ave, Mesa, AZ 85204Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06.Illustrative address
- County
- MaricopaIllustrative address
- Market
- Phoenix MSAIllustrative address
- Product type
- Garden-style multifamily
- Structure
- 1 & 2 stories
- Units
- 334
- Year built
- 1981
- Detail
- Diversified mix of one-, two-, and three-bedroom residences averaging 856 square feet on approximately 15.9 acres
- Seller
- Sonoran Residential Holdings LLC
- Listing brokerage
- Desert Ridge Capital Advisors
- Guidance
- $215,000 per unit (illustrative)illustrativeEvery price and cap rate below is illustrative. The per-unit price is a round number chosen for the sample inside the band a real per-unit sale price occupies; it is not a quote, an offer, or a broker's guidance.
- Total price
- $71,810,000illustrative
- T-12 NOI
- $4,111,751From the T-12 rollup.
- T-12 cap rate
- 5.73%illustrative
- T-3 cap rate
- 5.78%illustrativeTrailing three months annualized.
- In-place (avg)
- $1,457
- Market rent for model
- $1,345New move-in rent (residents who moved in inside the window, by move-in date) where a plan has one, otherwise in-place — and in-place outright when the roll has no usable lease start or move-in date. Never a blend of new and renewal.
- Year-one tax (underwriting assumption)
- —The figure to carry into the model: AZ does not reset the assessed value on sale. Proposition 117 caps growth in the limited property value at 5% a year, so year-one tax is the current basis grown at the cap — NOT the purchase price times the assessment ratio.computed
- Year-one tax per unit
- —computed
- Tax bill as stated in the offering memorandum (2025)
- $249,122The seller's figure, not verified against the county.Sample Property Offering Memorandum.pdf — p.10
- Transfer tax
- $0No real-estate transfer tax · Ariz. Const. art. IX, sec. 24 (Prop 100, 2008) · The constitution bars any NEW transfer tax imposed after 2007-12-31; it does not repeal pre-existing ones, and Arizona had none ad valorem. A flat $2 deed fee (A.R.S. 11-1132(A)) and a $30-per-instrument recording fee (A.R.S. 11-475(A)(1)) still apply and are not percentage-based.
- Mortgage / recording tax
- $0No mortgage or recording tax on the security instrument · Ariz. Const. art. IX, sec. 24; A.R.S. 11-475(A)(1) · Recording is a flat per-instrument fee, not a tax on the amount borrowed.
- Elementary
- Porter Elementary SchoolGreatSchools rating 6/10
- Middle
- Taylor Junior High SchoolGreatSchools rating 2/10
- High
- Mesa High SchoolGreatSchools rating 6/10
- Source
- Attendance-zone schools and ratings are looked up by the internal underwriting agent. The public demo does not run this on an uploaded deal.
Identification
Property
Parties
Pricing
Rents
Taxes
Closing costs at the illustrative price
Schools (internal underwriting agent only)
Demand
Ring demographics from the operator's own engine, via the market-report service. ACS 2020-2024 5-year, 2020 Decennial baseline, LODES 2023 workplace counts, BLS metro series. All public, no licensed provider.
Read this before the 1-mile column. The 1-mile column overstates levels. Ring membership is decided by each census block group's internal point, then the whole block group is counted — at 1 mile a single large block group can sit mostly outside the ring and still be counted whole. Measured against a commercial source, 1-mile population reads roughly 2.3x and households roughly 1.9x too high. The 3-, 5- and 10-mile columns do not have this problem. Read the 1-mile column for MIX and SHARES (income distribution, renter share, sector concentration), which are ratios and survive the overcount, and read levels off the 3-mile column.
Households
2020 Census baseline, 2024 ACS 5-year actual, and a 2026 projection at the stated annual rate. The projection is an assumption and is labelled as one.
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Households (2020 Census) | 7,206 | 56,132 | 146,226 | 419,524 | 1,790,242 | 2,705,878 | 126,817,580 | |
| Households (2024 actual) | 7,711 | 58,574 | 150,544 | 437,699 | 1,892,613 | 2,856,081 | 129,227,496 | |
| Growth 2020 to 2024 | 7.0% | 4.3% | 3.0% | 4.3% | 5.7% | 5.6% | 1.9% | |
| Est. annual growth rate (to 2026) | 2.25% | — | — | — | — | — | — | An assumption, not a measurement. |
| Households (2026 est.) | 8,062 | 61,239 | 157,395 | 457,617 | 1,978,739 | 2,986,051 | 135,108,155 |
Population
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Population (2020 Census) | 20,712 | 155,942 | 393,001 | 1,100,032 | 4,845,832 | 7,151,502 | 331,449,281 | |
| Population (2024 actual) | 20,298 | 159,356 | 394,900 | 1,119,329 | 5,028,754 | 7,378,838 | 334,922,499 | |
| Growth 2020 to 2024 | -2.0% | 2.2% | 0.5% | 1.8% | 3.8% | 3.2% | 1.0% | |
| Est. annual growth rate (to 2026) | 1.10% | — | — | — | — | — | — | An assumption, not a measurement. |
| Population (2026 est.) | 20,747 | 162,881 | 403,636 | 1,144,090 | 5,139,995 | 7,542,065 | 342,331,320 |
Households by income (2024 actual)
ACS 5-year table B19001, sixteen source brackets collapsed to eight. The two subtotals are the affordability read: what share of households could carry this property's rents.
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Less than $25,000 | 593 | 6,243 | 17,154 | 47,798 | 211,506 | 384,330 | 18,908,588 | |
| $25,000 - $49,999 | 1,552 | 10,719 | 25,456 | 64,600 | 288,010 | 488,306 | 21,624,902 | |
| $50,000 - $74,999 | 1,423 | 10,649 | 25,949 | 70,656 | 302,932 | 472,147 | 20,031,683 | |
| $75,000 - $99,999 | 1,521 | 8,627 | 21,848 | 60,999 | 259,375 | 385,994 | 16,319,799 | |
| $100,000 - $124,999 | 1,107 | 7,376 | 16,580 | 51,720 | 217,512 | 308,860 | 13,068,961 | |
| $125,000 - $149,999 | 562 | 4,953 | 12,641 | 38,937 | 156,498 | 216,619 | 9,601,960 | |
| $150,000 - $199,999 | 539 | 5,031 | 14,856 | 47,604 | 198,896 | 269,589 | 12,405,370 | |
| $200,000 and over | 415 | 4,977 | 16,061 | 55,384 | 257,884 | 330,236 | 17,266,233 | |
| Subtotal $50,000 and over | 5,566 | 41,612 | 107,934 | 325,301 | 1,393,097 | 1,983,445 | 88,694,006 | |
| share of households | 72.2% | 71.0% | 71.7% | 74.3% | 73.6% | 69.4% | 68.6% | |
| Subtotal $100,000 and over | 2,623 | 22,337 | 60,137 | 193,645 | 830,790 | 1,125,304 | 52,342,524 | |
| share of households | 34.0% | 38.1% | 39.9% | 44.2% | 43.9% | 39.4% | 40.5% |
Income and affordability
Median is interpolated from the bracket distribution above rather than read from the ACS median table, so the median and the brackets cannot disagree.
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Average household income (2024) | $94,562 | $98,599 | $105,367 | $113,475 | $118,255 | $108,273 | $113,530 | |
| Median household income (2024) | $79,731 | $79,857 | $82,682 | $89,670 | $88,866 | $80,392 | $81,202 | |
| Est. annual income growth (to 2026) | 6.20% | — | — | — | — | — | — | An assumption, not a measurement. |
| Average household income (2026 est.) | $106,651 | $111,204 | $118,838 | $127,982 | $133,373 | $122,115 | $128,044 | |
| Renter share | 43.4% | 39.1% | 39.1% | 39.2% | 33.4% | 32.6% | 34.8% | |
| Rent-to-income at $1,457/mo (subject in-place rent) | 18.5% | 17.7% | 16.6% | 15.4% | 14.8% | 16.1% | 15.4% | Against 2024 average household income by ring; the rent is the uploaded roll's unit-weighted in-place rent. |
Home value — ZIP 85204 vs Phoenix, AZ
ZIP geography, not a drive ring — the only section here that does not share the columns above, so it is shown as its own three figures rather than stretched across ring headers it does not describe.
| Value | Note | |
|---|---|---|
| ZIP home value | $390,790 | |
| Metro home value | $446,248 | |
| ZIP vs metro | -12.4% |
Home values: Zillow Home Value Index (ZHVI), Zillow Group
Labor market
Ring job counts are WORKPLACE counts — jobs located inside the ring, not residents who hold jobs. The unemployment row above is the opposite: residents. The two answer different questions and are not interchangeable.
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Unemployment rate (residents, ACS) | 5.2% | 4.6% | 4.5% | 4.3% | 4.7% | 5.1% | 5.2% | |
| Jobs located inside the ring — LODES workplace counts | ||||||||
| 2019 | 4,138 | 59,160 | 150,089 | 458,587 | — | — | — | |
| 2020 | 4,547 | 58,281 | 150,081 | 455,808 | — | — | — | |
| 2021 | 4,551 | 59,099 | 152,118 | 466,363 | — | — | — | |
| 2022 | 4,739 | 63,423 | 162,056 | 501,185 | — | — | — | |
| 2023 (latest) | 5,237 | 65,104 | 165,142 | 516,884 | — | — | — | |
| Job growth 2019 to 2023 | 26.6% | 10.0% | 10.0% | 12.7% | — | — | — | Already a fraction in the engine's output, unlike the rates above. |
| Job CAGR (4-yr) | 6.1% | 2.4% | 2.4% | 3.0% | — | — | — |
Metro nonfarm employment and unemployment — Maricopa County, Arizona
| Year | Nonfarm jobs (000s) | Job growth | Unemployment |
|---|---|---|---|
| 2026 | 2,468.7 | 0.3% | 4.4% |
| 2025 | 2,462.5 | 0.3% | 3.8% |
| 2024 | 2,456.0 | 2.2% | 3.3% |
| 2023 | 2,402.2 | 3.2% | 3.3% |
| 2022 | 2,328.4 | 5.0% | 3.3% |
| 2021 | 2,216.7 | 4.6% | 4.6% |
| 2020 | 2,120.0 | -2.6% | 7.3% |
| 2019 | 2,177.3 | 3.4% | 4.1% |
| 2018 | 2,106.1 | 3.3% | 4.2% |
| 2017 | 2,037.9 | 3.0% | 4.3% |
| 2016 | 1,978.4 | — | 4.7% |
Jobs by industry (2023)
Share of jobs by sector, sorted by the metro's own concentration. Ring, MSA and state shares come from LODES workplace counts; the U.S. column is QCEW — a different survey, so read it as a benchmark rather than the same measurement. The location quotient on each row is the metro share over the national share.
| 1 mi | 3 mi | 5 mi | 10 mi | Phoenix MSA | Arizona | U.S. | Note | |
|---|---|---|---|---|---|---|---|---|
| Health Care/Social Asst | 16.8% | 13.2% | 12.8% | 15.8% | 14.4% | 14.8% | 15.2% | Location quotient vs U.S.: 0.94x — less concentrated here. |
| Retail Trade | 14.0% | 13.1% | 13.0% | 12.6% | 10.9% | 11.0% | 10.2% | Location quotient vs U.S.: 1.07x — more concentrated here. |
| Accommodation/Food Svcs | 10.9% | 9.2% | 9.6% | 9.7% | 9.2% | 9.8% | 9.2% | Location quotient vs U.S.: 0.99x — less concentrated here. |
| Admin/Support/Waste | 9.2% | 11.0% | 9.0% | 7.1% | 8.7% | 8.1% | 6.2% | Location quotient vs U.S.: 1.40x — more concentrated here. |
| Construction | 3.4% | 14.4% | 10.7% | 7.4% | 7.2% | 6.9% | 5.3% | Location quotient vs U.S.: 1.35x — more concentrated here. |
| Educational Services | 5.6% | 9.2% | 11.0% | 9.8% | 6.9% | 7.8% | 8.5% | Location quotient vs U.S.: 0.82x — less concentrated here. |
| Finance/Insurance | 1.4% | 2.6% | 2.8% | 6.4% | 6.7% | 5.6% | 4.1% | Location quotient vs U.S.: 1.62x — more concentrated here. |
| Manufacturing | 0.5% | 3.8% | 4.5% | 6.5% | 6.2% | 6.2% | 8.5% | Location quotient vs U.S.: 0.73x — less concentrated here. |
| Professional/Scientific/Tech | 3.5% | 6.5% | 5.9% | 6.1% | 6.0% | 5.7% | 7.1% | Location quotient vs U.S.: 0.85x — less concentrated here. |
| Transportation/Warehousing | 1.1% | 0.6% | 1.9% | 2.3% | 4.7% | 4.3% | 4.8% | Location quotient vs U.S.: 0.98x — less concentrated here. |
| Wholesale Trade | 0.8% | 3.6% | 3.8% | 3.2% | 4.1% | 3.7% | 4.0% | Location quotient vs U.S.: 1.03x — more concentrated here. |
| Public Administration | 0.0% | 0.2% | 2.8% | 2.2% | 3.3% | 4.1% | 5.0% | Location quotient vs U.S.: 0.66x — less concentrated here. |
| Other Services | 1.5% | 2.9% | 3.0% | 2.7% | 2.7% | 2.8% | 3.0% | Location quotient vs U.S.: 0.91x — less concentrated here. |
| Arts/Entertainment/Rec | 27.4% | 3.2% | 2.9% | 2.1% | 2.1% | 2.1% | 1.8% | Location quotient vs U.S.: 1.13x — more concentrated here. |
| Real Estate/Rental | 3.3% | 3.4% | 2.4% | 2.0% | 2.1% | 2.0% | 1.6% | Location quotient vs U.S.: 1.31x — more concentrated here. |
| Information | 0.3% | 1.1% | 1.3% | 1.7% | 1.9% | 1.7% | 2.0% | Location quotient vs U.S.: 0.94x — less concentrated here. |
| Mgmt of Companies | 0.1% | 1.7% | 1.9% | 1.9% | 1.8% | 1.5% | 1.7% | Location quotient vs U.S.: 1.08x — more concentrated here. |
| Utilities | 0.1% | 0.1% | 0.4% | 0.3% | 0.7% | 0.7% | 0.5% | Location quotient vs U.S.: 1.23x — more concentrated here. |
| Agriculture/Forestry/Fishing | 0.0% | 0.1% | 0.2% | 0.1% | 0.3% | 0.8% | 0.8% | Location quotient vs U.S.: 0.39x — less concentrated here. |
| Mining/Oil & Gas | 0.0% | 0.1% | 0.0% | 0.0% | 0.1% | 0.4% | 0.4% | Location quotient vs U.S.: 0.38x — less concentrated here. |
Rent comps
Nearby communities, from an operator's own weekly rent scrape. Asking and net effective are stated separately on every row: a concession-blind comp set is the most common way a rent assumption goes wrong. No licensed comp feed is used. The two detail tiers are shown here; every other tracked community inside the radius, with the reason it is not a comp, is carried in the downloadable interchange file.
Tier 1 — Top comps
The closest 5 communities matching the subject's product and vintage, in full detail.
Vintage filter: +/-10 years of the subject's year built.
| Community | Miles | Built | Plan | Bd | Ba | SF | Asking | Concession | Net effective | Asking $/SF | Occupancy | As of |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Saltera Apartments | 0.1 | 1984 | 1BR — lowest five of 5 available | 1 | — | 688 | $1,200 | $0 | $1,200 | $1.74 | — | 2026-09-30 |
| The Hamptons | 0.3 | 1981 | 1BR — lowest five of 9 available | 1 | — | 625 | $996 | $0 | $996 | $1.59 | — | 2026-09-29 |
| The Hamptons | 0.3 | 1981 | 2BR — lowest five of 9 available | 2 | — | 725 | $1,186 | $0 | $1,186 | $1.64 | — | 2026-09-29 |
| Cielo on Gilbert | 0.7 | 1985 | 1BR — lowest five of 6 available | 1 | — | 579 | $1,243 | $95 | $1,148 | $2.15 | — | 2026-09-30 |
| The Vance | 0.9 | 1986 | 1BR — lowest five of 10 available | 1 | — | 658 | $1,043 | $0 | $1,043 | $1.58 | — | 2026-09-29 |
| Lucera Apartments | 1.5 | 1986 | 1BR — lowest five of 2 available | 1 | — | 530 | $1,109 | $0 | $1,109 | $2.09 | — | 2026-09-30 |
| Lucera Apartments | 1.5 | 1986 | 1BR — lowest five of 4 available | 1 | — | 700 | $1,244 | $0 | $1,244 | $1.78 | — | 2026-09-30 |
| Lucera Apartments | 1.5 | 1986 | 2BR — lowest five of 6 available | 2 | — | 892 | $1,413 | $0 | $1,413 | $1.58 | — | 2026-09-30 |
Tier 2 — Additional comps
The next 8 communities matching the subject's product and vintage, in full detail.
| Community | Miles | Built | Plan | Bd | Ba | SF | Asking | Concession | Net effective | Asking $/SF | Occupancy | As of |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pebble Creek | 1.5 | 1985 | 1BR — lowest five of 1 available | 1 | — | 630 | $1,150 | $0 | $1,150 | $1.83 | — | 2026-09-30 |
| Pebble Creek | 1.5 | 1985 | 2BR — lowest five of 1 available | 2 | — | 780 | $1,425 | $0 | $1,425 | $1.83 | — | 2026-09-30 |
| Gilbert Greens Apartments | 1.6 | 1985 | 1BR — lowest five of 5 available | 1 | — | 605 | $1,230 | $94 | $1,136 | $2.03 | — | 2026-09-29 |
| Gilbert Greens Apartments | 1.6 | 1985 | 2BR — lowest five of 1 available | 2 | — | 808 | $1,425 | $110 | $1,315 | $1.76 | — | 2026-09-29 |
| Mesa Station | 1.6 | 1984 | 1BR — lowest five of 12 available | 1 | — | 570 | $953 | $0 | $953 | $1.67 | — | 2026-09-29 |
| Mesa Station | 1.6 | 1984 | 2BR — lowest five of 29 available | 2 | — | 686 | $990 | $0 | $990 | $1.44 | — | 2026-09-29 |
| Mesa Station | 1.6 | 1984 | 2BR — lowest five of 8 available | 2 | — | 771 | $1,130 | $0 | $1,130 | $1.47 | — | 2026-09-29 |
| Dana Park Apartments | 1.7 | 1986 | 1BR — lowest five of 1 available | 1 | — | 722 | $1,245 | $0 | $1,245 | $1.72 | — | 2026-09-30 |
| Dana Park Apartments | 1.7 | 1986 | 2BR — lowest five of 1 available | 2 | — | 1,025 | $1,599 | $0 | $1,599 | $1.56 | — | 2026-09-30 |
| Dana Park Apartments | 1.7 | 1986 | 2BR — lowest five of 1 available | 2 | — | 1,067 | $1,695 | $0 | $1,695 | $1.59 | — | 2026-09-30 |
| Astero Mesa East | 1.8 | 1987 | 2BR — lowest five of 1 available | 2 | — | 900 | $1,399 | $0 | $1,399 | $1.55 | — | 2026-09-29 |
| Astero Mesa East | 1.8 | 1987 | 2BR — lowest five of 1 available | 2 | — | 1,044 | $1,449 | $0 | $1,449 | $1.39 | — | 2026-09-29 |
| Astero Mesa West | 1.8 | 1986 | 1BR — lowest five of 1 available — STALE snapshot (older than the tracker's freshness threshold) | 1 | — | 576 | $1,049 | $0 | $1,049 | $1.82 | — | 2026-09-16 |
| Gentrys Walk Apartments | 1.9 | 1986 | 1BR — lowest five of 6 available | 1 | — | 500 | $1,227 | $0 | $1,227 | $2.45 | — | 2026-09-30 |
| Gentrys Walk Apartments | 1.9 | 1986 | 1BR — lowest five of 4 available | 1 | — | 700 | $1,344 | $0 | $1,344 | $1.92 | — | 2026-09-30 |
| Gentrys Walk Apartments | 1.9 | 1986 | 2BR — lowest five of 8 available | 2 | — | 920 | $1,432 | $0 | $1,432 | $1.56 | — | 2026-09-30 |
| The Orchard on Gilbert | 1.9 | 1986 | 1BR — lowest five of 14 available | 1 | — | 483 | $1,209 | $93 | $1,117 | $2.50 | — | 2026-09-30 |
| The Orchard on Gilbert | 1.9 | 1986 | 2BR — lowest five of 3 available | 2 | — | 865 | $1,585 | $122 | $1,463 | $1.83 | — | 2026-09-30 |
Unit count and year built, by community
Each figure names where it came from. A unit count is shown only where a public record states one (a county property record, a state apartment licence, a city permit), with that record's as-of date; a community's count in the licensed registry is never shown. Year built is the public record's where it has one, the community registry's otherwise.
| Community | Tier | Units | Units from | Built | Built from |
|---|---|---|---|---|---|
| Saltera Apartments | 1 | 306 | Maricopa County, AZ property record, as of 2026-10-05 | 1984 | Maricopa County, AZ property record, as of 2026-10-05 |
| The Hamptons | 1 | 249 | Maricopa County, AZ property record, as of 2026-10-05 | 1981 | Maricopa County, AZ property record, as of 2026-10-05 |
| Cielo on Gilbert | 1 | 432 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 |
| The Vance | 1 | 464 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 |
| Lucera Apartments | 1 | 192 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 |
| Pebble Creek | 2 | 122 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 |
| Gilbert Greens Apartments | 2 | 164 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 |
| Mesa Station | 2 | 397 | Maricopa County, AZ property record, as of 2026-10-05 | 1984 | Maricopa County, AZ property record, as of 2026-10-05 |
| Dana Park Apartments | 2 | 222 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 |
| Astero Mesa East | 2 | MISSING | No public record; the licensed count is held back | 1987 | community registry (third-party market data) |
| Astero Mesa West | 2 | MISSING | No public record; the licensed count is held back | 1986 | community registry (third-party market data) |
| Gentrys Walk Apartments | 2 | 176 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 |
| The Orchard on Gilbert | 2 | 130 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 |
Two comp sets, selected identically except for the vintage test
Held fixed in both: candidate pool, product test, tracker comp exclusions, radius, closest-20 cap, per-community rent rules, mix weighting. Varied: the +/-10-year vintage test only.
| Comp set | Communities | Vintages | Comp net effective | Subject reads |
|---|---|---|---|---|
| A — vintage test ON | 13 | 1981–1987 | $1,255 | 4.7% |
| B — vintage test OFF | 17 | 1981–2018 | $1,303 | 0.8% |
| Difference between the two sets | $48 | 3.9% |
In B but not A. Craft at Gilbert and Baseline, The Premiere at Dana Park, The Village at Lindsay Park Apartments, Vista Grove
In A but not B. —
Both figures are weighted by this property's own unit mix and computed over the same bed counts, so the two rows describe the same product. This is what these two sets measured on this date; it is not an estimate of what vintage is worth in this market.
Coverage. 357 tracked communities within 10 mi; 345 with rents on the tracker; 30 returned with unit groups by the service (its preselection); 13 in the detail tiers; rents as of 2026-09-30.
By bed count — like for like
| Beds | Communities | Plans | Avg asking | Avg net effective |
|---|---|---|---|---|
| 1 bed | 12 | 14 | $1,160 | $1,140 |
| 2 bed | 9 | 12 | $1,394 | $1,375 |
- Subject market rent
- $1,345
- Comp-set average asking
- $1,268Over 13 communities in the detailed tiers (top 5 plus next 15) — never the whole radius.
- Comp-set average net effective
- $1,248
- Comp set, mix-matched
- $1,255Each bed count's comp net-effective weighted by the SUBJECT's own unit mix, so the comparison is like for like.
- Subject rent, same bed counts
- $1,314The subject's own rent restricted to the bed counts the comp set covers, so both sides describe the same product.
- Mix coverage
- 95%Share of the subject's units matched by bed count (beds [1, 2]).
- Subject vs comp set (mix-matched)
- 4.7%Negative means the subject is underwritten BELOW the market — mark-to-market room rather than a stretch.
- Subject vs flat average
- 7.7%Shown for contrast only: a flat average compares the subject against whatever bed mix the market happened to list.
- Source
- own weekly scrapescraped 2026-09-30
Subject versus comp set
Stated in the offering memorandum
No comparables stated
The memorandum's stated comparables are withheld: they would place the real asset.
An empty block that says why it is empty is a deliverable. A block of plausible numbers is not.
The memorandum's stated comparables are withheld: they would place the real asset.
An empty block that says why it is empty is a deliverable. A block of plausible numbers is not.
Retail for-sale comps are not part of this demo. Sale comparables shown here are the whole-community trades the memorandum itself cites.
Property tax
Rates as actually billed, not statutory or effective. The current year is checked against the bill the offering memorandum states — the seller's figure, not the county's; the assumption block is what a buyer should carry at the illustrative price.
- Parcel
- 301-04-002KAs stated in the offering memorandum, not a county record.Sample Property Offering Memorandum.pdf — p.10
- Tax area code
- Available in the internal underwriting agent onlyInternal pipeline only
- Combined rate
- 10.2573 per $100Primary plus secondary, as billed.Vendored county rate table — property_tax_table.COUNTY_RATES[('AZ', 'maricopa')]
- Assessment ratio
- 10%Legal class for a rental, not the owner-occupied rate.Vendored county rate table — property_tax_table.STATE_RULES['AZ']
- Rate evidence
- Vendored county rate table: 10.2573 per $100 of assessed value, tax year 2025 — Tax area code 971300 — City of Phoenix / Deer Valley Unified School District #97: Primary rate 6.7007; Secondary rate 3.5566. Source: Maricopa County, '2025 Tax Rates, Maricopa County, Arizona' (the treasurer's rate table by tax area code), row 971300: primary 6.7007, approx residential primary 5.1401, secondary 3.5566 (maricopa.gov/5160/Tax-Levy-and-Rates — Tax Rate 2025 PDF). Verified 2026-09-04. The parcel's own tax district decides; this is the representative stack for the county. Maricopa publishes rates per tax area code and they vary by district: area 591300 (City of Phoenix / Laveen ESD #59) is 15.7387 in the same table. The parcel's own tax area decides. The 'approx residential primary' column is the owner-occupied rebate and does not apply to a rental. Ratio 10% — legal class 4.2, residential rental (A.R.S. sec. 42-15003 (class four assessed at 10%); A.R.S. sec. 42-12004 (class four includes residential rental property)). The upload demo reaches no county portal: the parcel, tax area code, assessor's value and billed amount are not verified against one, and read MISSING unless an uploaded document stated them. The rate on file is a representative district stack for the county, not the parcel's own. The offering memorandum stated the parcel (301-04-002K); it is kept as stated and not verified against a county portal. The offering memorandum stated the billed amount ($249,122); it is kept as stated and not verified against a county portal. The offering memorandum stated the bill's tax year (2025); it is kept as stated and not verified against a county portal.Vendored county rate table — property_tax_table.evidence_text (derived)
- Assessed-value basis
- Available in the internal underwriting agent onlyLimited property value (LPV), per the county assessorInternal pipeline only
- Assessed value
- MISSINGBasis times the legal-class ratio.
- Computed annual tax
- MISSINGcomputed
- Tax bill as stated in the offering memorandum
- $249,122For 2025, as the memorandum states it — the seller's figure, not verified against the county.Sample Property Offering Memorandum.pdf — p.10
- Computed less billed
- NOT CHECKEDStatus: NOT CHECKED.
- Property taxes per the statement (T-12)
- $239,567As billed in the uploaded statement over its twelve months — the operator's ledger, not the county's bill, which the demo does not fetch.Sample Property T-12 June 26.xlsx — Property Taxes lines (computed)
- Per-unit sanity band
- In band (the statement's line per unit): $717 per unit a year is inside the AZ band of $400–$2,600A check against the state's typical range. It flags; it never changes a figure.Vendored county rate table — property_tax_table.band_check (derived)
- Does the basis reset on sale?
- NoAZ does not reset the assessed value on sale. Proposition 117 caps growth in the limited property value at 5% a year, so year-one tax is the current basis grown at the cap — NOT the purchase price times the assessment ratio.
- Year-one full value
- MISSINGCurrent LPV grown 5% (the Prop 117 cap)
- Year-one assessed value
- MISSINGAssessed value = full value x assessment ratio
- Year-one tax
- MISSINGThe figure to carry into the model.computed
- Year-one tax per unit
- MISSINGcomputed
- Assessed value if it reset to the price
- $7,181,000Purchase price times the assessment ratio — the pattern that holds in most states.
- Tax on that basis
- $736,577
- Overstatement versus the correct approach
- MISSINGShown because the size of the error is the point: a tax line this far out fails a deal that works.
The rate, as billed
Current year
Underwriting assumption at the illustrative price
What the generic shortcut would have said
Every line marked Available in the internal underwriting agent only — the parcel, its tax area, the assessed value and the county's bill — is produced by the internal underwriting agent from the county assessor. The demo carries the rate, the assessment ratio and the tax it computes from them.
Competing supply
Pipeline projects by ring and stage. Stage is stated because entitled units and delivered units are not the same risk.
Coverage note. These rings and stages are real and unmodified, and a zero is a genuine zero for the sources covered so far — not a gap left blank. Coverage of the permit and entitlement pipeline is an area of ongoing work and will be expanded, so read this section as a floor on competing supply rather than a census of it.
| Ring | Stage | Projects | Units |
|---|---|---|---|
| 1 mi | Entitlement | 2 | 72 |
| 1 mi | Permitted | 1 | 36 |
| 3 mi | Entitlement | 20 | 621 |
| 3 mi | Permitted | 13 | 558 |
| 5 mi | Entitlement | 61 | 5,152 |
| 5 mi | Permitted | 44 | 3,355 |
| 10 mi | Entitlement | 236 | 39,029 |
| 10 mi | Permitted | 191 | 16,643 |
| Ring | Pipeline units | Existing stock | Units as % of stock |
|---|---|---|---|
| 1 mi | 108 | MISSING | — |
| 3 mi | 1,179 | MISSING | — |
| 5 mi | 8,507 | MISSING | — |
| 10 mi | 55,672 | MISSING | — |
Projects within 3 miles
One row per development, at the furthest stage the pipeline shows; a dash means the source did not state it.
| Project | Miles | Stage | Units | Type | Address | City | Acres | Developer | First filed | Latest activity | Source layers |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reed Park Residences | 0.9 | Entitlement | 72 | multifamily | — | — | 3.2 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| Williams Place | 1.0 | Permitted | 36 | apartment_rental | 539 S WILLIAMS | Mesa | 1.0 | — | 2023-10-30 | 2026-08-26 | County permits |
| Flats At Reed Park | 1.0 | Entitlement | — | multifamily | — | MESA | — | — | 2025-03-06 | — | NOI radar (Arizona DEQ) |
| 2102 E BROADWAY RD | 1.0 | Permitted | — | apartment_rental | 2102 E BROADWAY RD | Mesa | — | — | 2026-03-02 | 2026-04-02 | County permits |
| The Groves Apartments | 1.0 | Permitted | 37 | apartment_rental | 2030 E BROADWAY RD | Mesa | — | — | 2026-05-05 | 2026-05-11 | County permits |
| 3 Four 5 Villas | 1.1 | Entitlement | 15 | multifamily | — | — | 1.1 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| Countryside Manor | 1.3 | Entitlement | 40 | multifamily | — | — | 2.3 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| The Bungalows on Ash | 1.3 | Permitted | — | other_mf | 1381 N GILBERT RD | GILBERT | — | — | 2020-06-25 | 2021-06-16 | County permits |
| La Jolla Villas | 1.6 | Entitlement | 15 | multifamily | — | — | 1.1 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 1424 E DANA AVE | 1.6 | Permitted | 4 | apartment_rental | 1424 E DANA AVE | Mesa | 0.1 | — | 2026-02-11 | 2026-05-21 | County permits |
| Dana Park Village Square | 1.6 | Entitlement | 36 | multifamily | — | — | 4.2 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| Case ID: Z08-017 - 110 S Allen Rd | 1.8 | Entitlement | 9 | multifamily | — | — | 1.1 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 214 N GILBERT RD 111 | 1.8 | Permitted | — | apartment_rental | 214 N GILBERT RD 111 | Mesa | — | — | 2023-02-23 | 2023-03-01 | County permits |
| Tangerine | 2.1 | Entitlement | 29 | multifamily | — | — | 2.1 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 3020 E MAIN ST | 2.1 | Permitted | — | apartment_rental | 3020 E MAIN ST | Mesa | — | — | 2023-07-27 | 2023-08-03 | County permits |
| La Mesa Village Apartments | 2.2 | Entitlement | — | multifamily | — | MESA | — | — | 2024-10-29 | — | NOI radar (Arizona DEQ) |
| 505 S LESUEUR C | 2.2 | Permitted | — | apartment_rental | 505 S LESUEUR C | Mesa | — | — | 2020-07-01 | 2020-07-23 | County permits |
| Pioneer Place | 2.2 | Entitlement | 9 | mixed | — | — | 0.8 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| PS16-006 A New Leaf Apartment Bldg | 2.3 | Entitlement | 40 | multifamily | — | — | 1.7 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 3426 E UNIVERSITY DR | 2.5 | Permitted | 36 | apartment_rental | 3426 E UNIVERSITY DR | Mesa | — | — | 2021-02-15 | 2021-09-27 | County permits |
| 455 E MAIN ST | 2.6 | Permitted | — | apartment_rental | 455 E MAIN ST | Mesa | — | — | 2019-03-07 | 2020-12-08 | County permits |
| ASPIRE HERITAGE | 2.6 | Entitlement | — | multifamily | — | GILBERT | — | — | 2019-04-24 | — | NOI radar (Arizona DEQ) |
| Van Damme Residence | 2.6 | Entitlement | 2 | multifamily | — | — | 0.2 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| LEGACY SQUARE | 2.6 | Permitted | 110 | multifamily | 140 S POMEROY | MESA | — | Willow Bridge Property Company | 2025-02-06 | 2025-07-03 | County permits, NOI radar (Arizona DEQ) |
| Cadillac Aparments | 2.6 | Entitlement | 7 | multifamily | — | — | 0.8 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| Clare House Social | 2.6 | Entitlement | — | mixed | — | — | — | — | 2026-07-03 | 2026-07-03 | Entitlement |
| The Brundrett Building | 2.7 | Entitlement | — | mixed | — | — | — | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 233 E MAIN ST | 2.8 | Permitted | — | apartment_rental | 233 E MAIN ST | Mesa | — | — | 2020-01-27 | 2022-02-16 | County permits |
| NEC Neely St and Aviary Way | 2.8 | Entitlement | 99 | multifamily | — | — | 11.8 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| Mesa Main Street Apartments | 2.8 | Entitlement | 36 | multifamily | — | — | 4.3 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| 145 E MAIN ST 1 | 2.9 | Permitted | 335 | apartment_rental | 145 E MAIN ST 1 | Mesa | — | — | 2021-04-01 | 2021-12-06 | County permits |
| Fiesta Rose Garden | 2.9 | Entitlement | 12 | multifamily | — | — | 1.0 | — | 2026-07-03 | 2026-07-03 | Entitlement |
| NWC Gilbert Rd and Elliot Rd | 3.0 | Entitlement | 200 | mixed | — | — | 2.2 | — | 2026-07-03 | 2026-07-03 | Entitlement |
T-12 data
The monthly matrix as normalized, with each source line mapped to a category. Months run oldest-first, detected from the labels rather than assumed — the trailing-three window depends on it. An uncategorized subtotal the statement printed stays visible, and nothing sums it twice.
| Line item | Category | 2025-07 | 2025-08 | 2025-09 | 2025-10 | 2025-11 | 2025-12 | 2026-01 | 2026-02 | 2026-03 | 2026-04 | 2026-05 | 2026-06 | T-12 | T-3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARKET RENT (1016) | Gross Potential Rent | $523,748 | $518,034 | $477,312 | $488,186 | $476,769 | $475,585 | $462,715 | $487,927 | $456,093 | $461,043 | $514,811 | $485,380 | $5,827,604 | $1,461,234 |
| LOSS/GAIN TO LEASE (1017) | Gain / (Loss) to Lease | ($8,037) | ($2,589) | $35,055 | $20,408 | $32,613 | $28,352 | $41,273 | $17,429 | $45,136 | $39,787 | ($14,837) | $15,006 | $249,595 | $39,956 |
| VACANCY (1020) | Vacancy | ($28,109) | ($37,566) | ($41,626) | ($39,869) | ($48,284) | ($42,153) | ($36,450) | ($32,724) | ($36,969) | ($34,182) | ($25,351) | ($19,116) | ($422,400) | ($78,650) |
| MANAGEMENT OFFICE/MODEL (1030) | Non-Revenue Units | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($1,248) | ($14,982) | ($3,746) |
| STAFF UNITS (1040) | Non-Revenue Units | ($859) | ($497) | ($1,221) | ($474) | ($362) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ($3,413) | $0 |
| ONE-TIME CONCESSION (1052) | Concessions | ($14,341) | ($1,700) | ($24,159) | ($24,241) | ($8,080) | ($1,336) | ($22,935) | ($12,130) | ($800) | ($1,100) | ($4,521) | ($1,562) | ($116,906) | ($7,183) |
| VALET TRASH REIMBURSEMENTS (3001) | Utility Reimbursements | $41 | $8,386 | $8,240 | $8,226 | $8,315 | $8,237 | $8,353 | $8,425 | $8,300 | $8,333 | $8,550 | $8,692 | $92,098 | $25,576 |
| LATE CHARGES (3011) | Other Income | $2,987 | $6,226 | $6,413 | $4,811 | $4,912 | $4,556 | $3,911 | $4,949 | $4,261 | $2,144 | $2,516 | $4,720 | $52,406 | $9,380 |
| NSF FEE (3012) | Other Income | $0 | $165 | $275 | $55 | $220 | $165 | $275 | ($55) | $0 | $0 | $110 | $0 | $1,210 | $110 |
| APPLICATION FEES (3030) | Other Income | $660 | $264 | $2,244 | $1,254 | $1,254 | $1,584 | $1,716 | $1,515 | $1,980 | $2,772 | $2,244 | $594 | $18,081 | $5,610 |
| ADMINISTRATIVE FEE (3036) | Other Income | $1,980 | $0 | $3,300 | $4,840 | $1,100 | $66 | $3,080 | $878 | $1,834 | $4,400 | $3,338 | $990 | $25,806 | $8,728 |
| TENANT DAMAGE REIMBURSEMENT (3040) | Other Income | $15,523 | $9,060 | $5,485 | $4,000 | $5,570 | $1,708 | $160 | $4,485 | $8,125 | $3,240 | $1,673 | $5,742 | $64,769 | $10,655 |
| UTILITIES RECOVERY (3050) | Utility Reimbursements | $426 | $773 | $491 | $542 | $839 | $620 | $442 | $527 | $710 | $268 | $607 | $75 | $6,319 | $950 |
| FEE CONCESSION (3053) | Concessions | $0 | $0 | $4,169 | ($4,169) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| VENDING INCOME (3060) | Other Income | $0 | $0 | $0 | $0 | $126 | $0 | $113 | $0 | $0 | $0 | $0 | $0 | $239 | $0 |
| CABLE INCOME (3066) | Other Income | $0 | $0 | $4,572 | $0 | $0 | $4,197 | $0 | $4,079 | $0 | $0 | $0 | $4,031 | $16,880 | $4,031 |
| LAUNDRY INCOME (3070) | Other Income | $1,346 | $879 | $0 | $1,437 | $2,352 | $1,641 | $1,024 | $2,072 | $1,756 | $1,514 | $1,462 | $2,145 | $17,628 | $5,121 |
| COURT COST REIMBURSEMENT (3080) | Other Income | $3,646 | $3,447 | $4,765 | $3,953 | $2,537 | $2,868 | $5,500 | $6,393 | $2,188 | $1,987 | $1,253 | $4,107 | $42,645 | $7,347 |
| BAD DEBT WRITE-OFF - OTHER (3086) | Delinquency | ($3,878) | ($32,946) | ($30,005) | ($9,504) | ($2,474) | ($21,999) | ($20,899) | ($11,681) | ($14,744) | ($28,115) | ($2,820) | ($12,541) | ($191,607) | ($43,476) |
| TERMINATION FEE (3112) | Other Income | $9,633 | $11,475 | $8,173 | $3,025 | $18,984 | $9,385 | $963 | $20,409 | $10,615 | $10,941 | $0 | $11,486 | $115,089 | $22,427 |
| CONCIERGE SERVICES INCOME (3117) | Other Income | $1,721 | $1,672 | $1,659 | $1,656 | $1,634 | $1,647 | $1,670 | $1,679 | $1,660 | $1,667 | $1,710 | $1,738 | $20,115 | $5,115 |
| PET FEES (3118) | Other Income | $1,320 | ($440) | $0 | $440 | $2,200 | $1,320 | $0 | $0 | $440 | $1,320 | $880 | ($440) | $7,040 | $1,760 |
| PET RENT (3119) | Other Income | $2,208 | $2,331 | $2,189 | $2,127 | $2,429 | $2,321 | $2,327 | $2,184 | $2,152 | $2,217 | $2,174 | $2,385 | $27,043 | $6,775 |
| PEST CONTROL FEES (3121) | Other Income | $665 | $687 | $686 | $670 | $513 | $646 | $661 | $703 | $678 | $668 | $657 | $681 | $7,915 | $2,006 |
| DEPOSIT WAIVER INCOME (3156) | Other Income | $3,881 | $3,047 | $2,418 | $1,830 | $1,327 | $1,086 | $971 | $755 | $530 | $379 | $374 | $374 | $16,973 | $1,127 |
| DEPOSIT WAIVER EXPENSE (3157) | Other Income | ($2,499) | ($1,861) | ($1,202) | ($585) | ($257) | ($7) | $0 | $0 | $0 | $0 | $0 | $0 | ($6,411) | $0 |
| RENTER'S INSURANCE INCOME (3175) | Other Income | $5,223 | $5,102 | $4,961 | $4,889 | $5,206 | $5,461 | $5,250 | $5,311 | $5,239 | $5,330 | $5,467 | $5,659 | $63,100 | $16,457 |
| RENTER'S INSURANCE EXPENSE (3176) | Other Income | ($4,683) | ($4,669) | ($4,534) | ($4,423) | ($4,455) | ($4,489) | ($4,489) | ($5,192) | ($4,679) | ($4,590) | ($4,815) | ($4,872) | ($55,891) | ($14,277) |
| TRANSFER FEE (3179) | Other Income | $825 | $550 | $275 | $0 | ($275) | $275 | $275 | $0 | $550 | $0 | $0 | $0 | $2,475 | $0 |
| MISCELLANEOUS INCOME (3180) | Other Income | $102 | ($61) | $0 | $6 | $0 | $724 | $1,100 | $0 | $0 | $186 | $110 | $1,100 | $3,266 | $1,396 |
| UTILITY FEE REIMBURSEMENT (3183) | Utility Reimbursements | $1,234 | $1,242 | $1,230 | $1,195 | $1,211 | $1,183 | $1,187 | $1,269 | $1,222 | $1,203 | $1,187 | $1,218 | $14,581 | $3,608 |
| WATER/SEWER REIMBURSEMENT (3186) | Utility Reimbursements | $17,710 | $18,899 | $20,658 | $18,509 | $18,109 | $13,591 | $17,811 | $17,552 | $16,612 | $16,023 | $16,771 | $17,710 | $209,956 | $50,504 |
| TRASH REIMBURSEMENT (3187) | Utility Reimbursements | $11,588 | $3,241 | $3,414 | $3,407 | $3,444 | $3,287 | $3,375 | $3,524 | $3,466 | $3,392 | $3,352 | $3,493 | $48,981 | $10,236 |
| SALES TAX COLLECTED (3192) | Other Income | $29 | $29 | $29 | $24 | $2 | $1 | $1 | ($99) | $1 | $1 | $1 | $0 | $22 | $3 |
| OTHER REIMBURSEMENTS (3198) | Other Income | $0 | $0 | ($192) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ($192) | $0 |
| BAD DEBT DEPOSIT WAIVER FEE (3081) | Delinquency | $1,068 | $1,640 | $2,045 | $2,446 | $2,532 | $2,753 | $2,784 | $2,772 | $2,771 | $2,813 | $2,693 | $2,607 | $28,923 | $8,113 |
| BAD DEBT WRITE-OFF (3084) | Delinquency | ($370) | ($11,315) | ($9,770) | ($1,307) | ($958) | ($8,909) | ($15,170) | ($5,060) | ($16,600) | ($2,275) | ($324) | ($4,468) | ($76,525) | ($7,066) |
| BAD DEBT- ALLOWANCE FOR DOUBTFUL ACCOUNTS (3085) | Delinquency | ($2,546) | $2,290 | $279 | ($1,244) | ($7,445) | ($1,810) | $8,516 | ($440) | $2,495 | $0 | $0 | $192 | $286 | $192 |
| BAD DEBT COLLECTED - DEPOSIT ALTERNATIVE CLAIMS (3087) | Delinquency | $8,108 | $15,495 | $11,905 | $4,304 | $7,267 | $1,554 | $8,224 | $1,691 | $1,925 | $1,100 | $0 | $0 | $61,573 | $1,100 |
| BAD DEBT COLLECTED - IN HOUSE (3088) | Delinquency | $2,974 | ($86) | ($640) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,248 | $0 |
| BAD DEBT COLLECTED - COLLECTION AGENCY (3089) | Delinquency | $0 | $0 | $0 | $339 | $0 | $0 | $187 | $187 | $506 | $0 | $680 | $102 | $2,000 | $782 |
| BAD DEBT ADJUSTMENTS (3091) | Delinquency | $1,953 | ($295) | ($443) | $2,109 | $1,536 | ($17) | $912 | $1,206 | ($135) | ($399) | ($425) | $2,119 | $8,121 | $1,294 |
| PROMOTIONAL MATERIALS (5010) | Leasing and Marketing | $0 | $149 | $0 | $80 | $149 | $0 | $58 | $44 | $317 | $0 | $25 | $9 | $830 | $33 |
| MARKETING COLLATERAL (5020) | Leasing and Marketing | $560 | $0 | $0 | $0 | $0 | $40 | $0 | $0 | $51 | $134 | $0 | $0 | $785 | $134 |
| ONLINE ADVERTISING (5070) | Leasing and Marketing | $7,756 | $5,918 | $5,391 | $5,894 | $4,693 | $5,630 | $5,765 | $4,335 | $4,128 | $5,966 | $4,830 | $4,961 | $65,268 | $15,757 |
| SPECIALTY MARKETING (5090) | Leasing and Marketing | $125 | $125 | $125 | $125 | $1,313 | $171 | $125 | $312 | $125 | $125 | $125 | $125 | $2,924 | $376 |
| MARKETING PERFORMANCE MEASUREMENT (MPM) & LEAD MGM (5099) | Leasing and Marketing | $500 | $500 | $500 | $812 | $1,205 | $1,956 | $484 | $532 | $508 | $508 | $508 | $508 | $8,520 | $1,524 |
| COMMUNITY FUNCTIONS (5120) | Leasing and Marketing | $441 | $310 | $220 | $244 | $270 | $0 | $0 | $0 | $33 | $482 | $79 | $261 | $2,339 | $822 |
| TENANT REFERRAL FEES (5160) | Leasing and Marketing | $190 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $190 | $0 |
| OFFICE SUPPLIES (5410) | General and Administrative | $229 | $330 | $100 | $43 | $119 | $0 | $0 | $221 | $48 | $368 | $109 | $322 | $1,889 | $799 |
| TRAINING/SEMINARS (5430) | General and Administrative | $154 | $154 | $154 | $154 | $154 | $154 | $59 | ($106) | $114 | $426 | $394 | $299 | $2,108 | $1,119 |
| OFFICE EQUIP/LEASE/PURCHASE (5440) | General and Administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $208 | $0 | $0 | $0 | $0 | $208 | $0 |
| CAREER APPAREL (5455) | General and Administrative | $176 | $0 | $0 | $0 | $0 | $420 | $0 | $0 | $0 | $481 | $0 | $0 | $1,077 | $481 |
| TRAVEL (5460) | General and Administrative | $42 | $468 | $280 | $62 | $0 | $101 | $242 | $2,306 | $0 | $96 | $274 | $25 | $3,895 | $394 |
| DUES/SUBSCRIPTIONS (5470) | General and Administrative | $1,618 | $256 | $0 | $0 | $0 | $0 | $492 | $524 | $0 | $0 | $3,248 | ($2) | $6,137 | $3,246 |
| BLUE MOON LICENSE (5475) | General and Administrative | $0 | $0 | ($1,523) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ($1,523) | $0 |
| CREDIT REPORTS (5480) | General and Administrative | $1,890 | $0 | $3,295 | $1,841 | $824 | $872 | $1,140 | $120 | $1,260 | $872 | $2,277 | $921 | $15,310 | $4,070 |
| LEGAL EXPENSE (5510) | Legal and Professional | $5,323 | $1,681 | $2,177 | $3,133 | $4,993 | $1,805 | $1,686 | $4,925 | $3,622 | $862 | $1,255 | $1,323 | $32,785 | $3,439 |
| MRI FEES (5515) | General and Administrative | $667 | $667 | $667 | $667 | $667 | $670 | $670 | $670 | $1,913 | $1,290 | $1,286 | $1,289 | $11,124 | $3,865 |
| LRO FEES (5525) | General and Administrative | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $542 | $6,503 | $1,626 |
| TELEPHONE - LOCAL LINES (5530) | General and Administrative | $1,175 | $469 | $525 | $487 | $412 | $431 | $452 | $1,290 | ($324) | $1,174 | $400 | $456 | $6,949 | $2,031 |
| HIGH SPEED INTERNET (5531) | General and Administrative | $0 | $0 | $0 | $0 | $1,562 | $0 | $1,409 | $0 | $1,473 | $701 | $756 | $720 | $6,620 | $2,177 |
| ANSWERING SERVICE (5535) | General and Administrative | $155 | $155 | $155 | $155 | $155 | $155 | $155 | $155 | ($155) | $0 | $0 | $0 | $1,083 | $0 |
| MISCELLANEOUS (5550) | General and Administrative | $0 | $0 | $0 | $0 | $42 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42 | $0 |
| TECHNOLOGY COSTS (5590) | General and Administrative | $2,729 | $2,359 | $2,015 | $2,782 | $2,967 | $3,034 | $3,384 | $3,082 | $1,975 | $2,946 | $2,596 | $2,321 | $32,190 | $7,863 |
| MANAGEMENT FEES (5700) | Management Fee | $12,703 | $12,438 | $12,340 | $11,833 | $12,384 | $11,764 | $12,155 | $12,616 | $12,539 | $11,958 | $12,443 | $12,517 | $147,690 | $36,917 |
| MANAGEMENT FEE - OTHER (5740) | Management Fee | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $598 | $7,182 | $1,796 |
| PROPERTY MANAGER/ADMINISTRATOR (5810) | Payroll | $8,583 | $4,998 | $706 | $706 | $957 | $16,020 | $7,198 | $7,586 | $8,127 | $7,747 | $13,339 | $7,829 | $83,796 | $28,915 |
| OFFICE OVERTIME (5815) | Payroll | $65 | $117 | $280 | $223 | $747 | $648 | $109 | $246 | $298 | $563 | $435 | $147 | $3,878 | $1,144 |
| ASSISTANT MGR/LEASING AGENT (5820) | Payroll | $10,492 | $10,583 | $10,620 | $10,728 | $10,196 | $16,156 | $10,740 | $10,027 | $10,455 | $10,665 | $13,505 | $8,280 | $132,448 | $32,451 |
| MAINTENANCE/ENGINEER/SUPERVISOR (5830) | Payroll | $6,493 | $6,471 | $6,014 | $6,648 | $5,985 | $6,174 | $317 | $159 | $2,507 | $6,050 | $9,091 | $5,739 | $61,646 | $20,880 |
| MAINTENANCE OVERTIME (5835) | Payroll | $4,064 | $3,541 | $2,565 | $2,965 | $5,200 | $1,333 | $759 | $603 | $1,556 | $848 | $3,779 | $2,633 | $29,847 | $7,261 |
| MAINTENANCE PAYROLL (5840) | Payroll | $8,754 | $8,232 | $7,420 | $6,627 | $4,309 | $13,122 | $8,095 | $8,318 | $8,283 | $8,432 | $12,229 | $8,360 | $102,180 | $29,021 |
| TEMPORARY EMPLOYMENT (5855) | Payroll | $0 | $665 | $665 | $998 | $0 | $0 | $0 | $2,167 | $251 | $0 | $0 | $408 | $5,155 | $408 |
| LEASING BONUSES (5860) | Payroll | $5,982 | $6,786 | $5,616 | $4,259 | $5,822 | $2,984 | $3,134 | $3,787 | $5,451 | $4,799 | $4,524 | $6,390 | $59,533 | $15,713 |
| FRINGE BENEFITS (5870) | Payroll | $4,261 | $4,450 | $3,115 | $3,364 | $3,396 | $4,470 | $2,693 | $4,014 | $3,956 | $4,159 | $6,205 | $4,147 | $48,230 | $14,511 |
| WORKERS COMP INSURANCE (5875) | Payroll | $1,077 | $1,037 | $893 | $793 | $826 | $883 | $454 | $457 | $593 | $684 | $1,051 | $731 | $9,479 | $2,466 |
| PAYROLL TAXES (5880) | Payroll | $3,331 | $3,048 | $2,469 | $2,101 | $2,358 | $4,206 | $2,463 | $2,802 | $2,773 | $2,953 | $4,216 | $2,924 | $35,645 | $10,094 |
| RECRUITING EXPENSE (5882) | Payroll | $0 | $219 | $0 | $0 | $0 | $133 | $97 | $0 | $0 | $0 | $0 | $0 | $449 | $0 |
| PAYROLL PROCESSING (5885) | Payroll | $332 | $239 | ($40) | $222 | $108 | $257 | $501 | $248 | $76 | $277 | $255 | $244 | $2,720 | $776 |
| GROUNDS (6010) | Landscaping | $4,745 | $5,363 | $7,102 | $4,745 | $3,613 | $9,051 | $6,007 | $5,267 | $4,745 | $4,745 | $4,380 | $4,802 | $64,566 | $13,928 |
| SECURITY (6030) | Repairs and Maintenance | $1,612 | $1,612 | $1,612 | $1,612 | $1,612 | $1,612 | $1,638 | $1,053 | $1,638 | $1,638 | $1,638 | $1,638 | $18,918 | $4,914 |
| SECURITY SYSTEM ACCESS MONITORING (6031) | Repairs and Maintenance | $269 | $135 | $135 | $135 | $244 | $135 | $135 | $135 | $72 | $62 | $135 | $135 | $1,726 | $332 |
| FIRE PUMP TESTING (6035) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $0 | $1,249 | $0 | $0 | $0 | $1,048 | $0 | $2,297 | $1,048 |
| CLEANING - COMMON (6040) | Repairs and Maintenance | $380 | $902 | $432 | $394 | $1,335 | $380 | $380 | $171 | $251 | $377 | $776 | $870 | $6,650 | $2,023 |
| UNIT CLEANS - TURN (6041) | Unit Turns | $2,337 | $2,480 | $1,734 | $1,819 | $3,430 | $5,330 | $1,499 | $3,325 | $3,197 | $3,320 | $2,389 | $3,149 | $34,008 | $8,859 |
| PLUMBING (6060) | Repairs and Maintenance | $0 | $238 | $1,813 | $2,815 | $7,646 | $280 | $4,365 | $3,123 | $1,237 | $1,398 | $271 | $2,522 | $25,707 | $4,191 |
| ELECTRICAL (6070) | Repairs and Maintenance | $1,420 | $5,044 | $1,761 | $1,340 | $655 | $0 | $418 | $309 | $370 | $2,798 | $618 | $1,449 | $16,181 | $4,864 |
| BUILDING EXTERIORS (6100) | Repairs and Maintenance | $0 | $0 | $2,073 | $891 | $0 | $4,804 | $1,568 | $0 | $0 | $0 | $499 | $366 | $10,201 | $864 |
| R&M PRESSURE WASHING (6105) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $624 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $624 | $0 |
| ROOF (6130) | Repairs and Maintenance | $0 | $0 | $0 | $1,425 | ($1,425) | $0 | $784 | $0 | $0 | $0 | $0 | $0 | $784 | $0 |
| GLASS (6140) | Repairs and Maintenance | $124 | $0 | $119 | $256 | $703 | $114 | $0 | $460 | $527 | $228 | $262 | $0 | $2,793 | $490 |
| CARPET REPAIR/CLEANING - TURN (6160) | Unit Turns | $1,164 | $1,216 | $285 | $812 | $7,524 | $998 | $507 | $608 | $1,036 | $1,572 | $2,019 | $532 | $18,271 | $4,123 |
| CARPET REPAIR/CLEANING - OCCUPIED (6161) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $0 | $632 | $0 | $0 | $0 | $0 | $62 | $694 | $62 |
| EXTERMINATING CONTRACT (6190) | Repairs and Maintenance | $2,198 | $2,963 | $2,232 | $4,307 | $6,428 | $2,494 | $1,671 | $939 | $949 | $1,697 | $1,587 | $2,628 | $30,093 | $5,912 |
| INTERIOR PAINT - TURN (6200) | Unit Turns | $4,123 | $3,890 | $3,990 | $2,741 | $5,871 | $4,304 | $1,368 | $2,854 | $5,282 | $5,580 | $2,419 | $2,793 | $45,215 | $10,792 |
| HVAC REPAIRS (6220) | Repairs and Maintenance | $3,912 | $3,942 | $2,580 | $801 | $2,002 | $5,033 | $1,592 | $1,831 | ($827) | $687 | $1,454 | $2,399 | $25,405 | $4,539 |
| EQUIPMENT REPAIRS (6290) | Repairs and Maintenance | $81 | $3,105 | $1,259 | $778 | $209 | $1,306 | ($1,306) | $0 | $2,960 | $0 | $1,834 | $52 | $10,277 | $1,886 |
| UNIT TURNS (6300) | Unit Turns | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,581 | $0 | $0 | $0 | $0 | $4,581 | $0 |
| LOCKS & KEYS (6310) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $42 | $0 | $0 | $42 | $42 |
| GROUND SUPPLIES (6510) | Landscaping | $46 | $822 | $99 | $57 | $318 | $120 | $0 | $0 | $60 | $56 | $97 | $152 | $1,827 | $305 |
| POOL SUPPLIES (6520) | Repairs and Maintenance | $610 | $2,351 | $975 | $257 | $489 | $0 | $0 | $0 | $730 | $221 | $781 | $656 | $7,070 | $1,658 |
| JANITORIAL SUPPLIES (6540) | Repairs and Maintenance | $176 | $364 | $346 | $332 | $518 | $491 | $48 | $168 | $767 | $411 | $286 | $338 | $4,245 | $1,036 |
| GATE/PARKING REPAIRS (6550) | Repairs and Maintenance | $478 | $0 | $162 | $0 | $0 | $162 | $242 | $0 | $0 | $0 | $573 | $0 | $1,616 | $573 |
| ELECTRICAL SUPPLIES (6560) | Repairs and Maintenance | $138 | $225 | $490 | $475 | $305 | $414 | $614 | $788 | $281 | $190 | $308 | $211 | $4,442 | $709 |
| PLUMBING SUPPLIES (6570) | Repairs and Maintenance | $445 | $765 | $604 | $367 | $961 | $1,385 | $385 | $812 | $1,395 | $555 | $423 | $374 | $8,472 | $1,353 |
| BUILDING REPAIRS (6610) | Repairs and Maintenance | $0 | $0 | $0 | $257 | $48 | $270 | $867 | $102 | $215 | $0 | $0 | $0 | $1,759 | $0 |
| SCREENS (6640) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $143 | $0 | $0 | $0 | $0 | $0 | $0 | $143 | $0 |
| GLASS (6660) | Repairs and Maintenance | $138 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14 | $0 | $0 | $0 | $152 | $0 |
| BLDG. INTERIOR MAINT. (6670) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $10,464 | ($10,464) | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| INTERIOR PAINT SUPPLIES - TURN (6700) | Unit Turns | $814 | $1,352 | $717 | $712 | $3,414 | $1,918 | $339 | $203 | $981 | $1,866 | $641 | $1,067 | $14,023 | $3,574 |
| FILTERS (6720) | Repairs and Maintenance | $118 | $117 | $95 | $86 | $220 | $183 | $0 | $0 | $116 | $36 | $123 | $87 | $1,181 | $246 |
| HVAC PARTS (6730) | Repairs and Maintenance | $373 | $553 | $656 | $216 | $20 | $386 | $601 | $144 | $198 | $782 | $33 | $271 | $4,231 | $1,086 |
| APPLIANCE PARTS (6760) | Repairs and Maintenance | $365 | $381 | $106 | $189 | $330 | $136 | $648 | $540 | $574 | $327 | $519 | $604 | $4,721 | $1,451 |
| HARDWARE (6770) | Repairs and Maintenance | $0 | $0 | $0 | $0 | $0 | $52 | $0 | $83 | $23 | $30 | $0 | $0 | $188 | $30 |
| TOOLS & EQUIPMENT (6830) | Repairs and Maintenance | $58 | $132 | $51 | $76 | $0 | $27 | $0 | $0 | $55 | $51 | $0 | $164 | $612 | $215 |
| UNIFORMS (6870) | General and Administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $162 | $296 | $181 | $0 | $639 | $477 |
| GAS (7010) | Utilities | $373 | $359 | $389 | $378 | $394 | $447 | $446 | $438 | $437 | $412 | $406 | $418 | $4,897 | $1,236 |
| TRASH REMOVAL (7025) | Utilities | $4,285 | $3,692 | $4,774 | $4,133 | $4,133 | $4,654 | $4,948 | $5,938 | $4,468 | $6,089 | $4,604 | $5,381 | $57,099 | $16,074 |
| VALET TRASH (7026) | Utilities | $3,243 | $3,243 | $2,802 | $2,802 | $2,802 | $3,243 | $3,332 | $3,343 | $3,343 | $3,543 | $3,220 | $2,272 | $37,188 | $9,035 |
| ELECTRICITY - COMMON AREA (7030) | Utilities | $2,644 | $2,748 | $2,289 | $1,921 | $1,472 | $1,428 | $1,490 | $1,382 | $1,439 | $1,671 | $1,841 | $2,006 | $22,331 | $5,518 |
| ELECTRICITY - VACANT (7040) | Utilities | $2,616 | $1,871 | $2,123 | $280 | $1,639 | $895 | $906 | $788 | $514 | $750 | $1,136 | $1,087 | $14,604 | $2,972 |
| RECOVERABLE ELEC/GAS/WATER (7050) | Utilities | $648 | $235 | $908 | $83 | $426 | $487 | $242 | $349 | $197 | ($21) | $237 | $258 | $4,049 | $474 |
| WATER (7060) | Utilities | $8,993 | $10,082 | $8,962 | $8,619 | $6,751 | $8,632 | $8,124 | $8,025 | $7,860 | $8,318 | $8,510 | $9,421 | $102,297 | $26,249 |
| SEWAGE (7070) | Utilities | $7,425 | $8,307 | $7,400 | $7,122 | $5,608 | $7,132 | $6,641 | $6,562 | $6,430 | $6,796 | $6,949 | $7,678 | $84,050 | $21,423 |
| UTILITY BILLING EXPENSE (7075) | Utilities | $906 | $907 | $870 | $867 | $880 | $852 | $860 | $883 | $912 | $906 | $885 | $919 | $10,648 | $2,710 |
| REAL ESTATE TAXES (7110) | Property Taxes | $19,353 | $19,353 | $19,353 | $23,041 | $19,722 | $19,722 | $19,837 | $19,837 | $19,837 | $19,837 | $19,837 | $19,837 | $239,567 | $59,511 |
| LICENSES & FEES (7130) | General and Administrative | $0 | $0 | $0 | $0 | $48 | $0 | $0 | $0 | $0 | $1,495 | $0 | $0 | $1,543 | $1,495 |
| LIABILITY INSURANCE (7210) | Insurance | $6,015 | $6,015 | $6,015 | $5,815 | $6,842 | $5,815 | $5,815 | $5,815 | $5,815 | $5,815 | $5,815 | $5,815 | $71,410 | $17,446 |
| PROPERTY INSURANCE (7220) | Insurance | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $8,080 | $6,868 | $6,071 | $93,740 | $21,019 |
P&L summary
The rollup. Two rules do the work: gross scheduled rent is whatever the statement printed, or gross potential rent plus gain/(loss) to lease where it printed nothing; and total revenue sums from gross scheduled rent down — never from gross potential rent, which would count loss-to-lease twice.
| Line item | T-12 | T-3 annualized | Per unit | % of revenue |
|---|---|---|---|---|
| Gross Potential Rent | $5,827,604 | $5,844,938 | $17,448 | 94.5% |
| Gain / (Loss) to Lease | $249,595 | $159,825 | $747 | 4.0% |
| Gross Scheduled Rent | $6,077,199 | $6,004,763 | $18,195 | 98.5% |
| Vacancy | ($422,400) | ($314,599) | ($1,265) | -6.8% |
| Concessions | ($116,906) | ($28,732) | ($350) | -1.9% |
| Non-Revenue Units | ($18,395) | ($14,982) | ($55) | -0.3% |
| Delinquency | ($164,980) | ($156,245) | ($494) | -2.7% |
| Utility Reimbursements | $371,935 | $363,497 | $1,114 | 6.0% |
| Other Income | $440,206 | $375,083 | $1,318 | 7.1% |
| Revenue Adjustments | — | — | — | — |
| Total Revenue | $6,166,659 | $6,228,784 | $18,463 | 100.0% |
| General and Administrative | $95,795 | $118,570 | $287 | 1.6% |
| Leasing and Marketing | $80,856 | $74,584 | $242 | 1.3% |
| Payroll | $575,007 | $654,559 | $1,722 | 9.3% |
| Insurance | $165,150 | $153,862 | $494 | 2.7% |
| Property Taxes | $239,567 | $238,043 | $717 | 3.9% |
| Legal and Professional | $32,785 | $13,757 | $98 | 0.5% |
| Management Fee | $154,872 | $154,850 | $464 | 2.5% |
| Landscaping | $66,392 | $56,932 | $199 | 1.1% |
| Repairs and Maintenance | $191,221 | $158,100 | $573 | 3.1% |
| Unit Turns | $116,097 | $109,390 | $348 | 1.9% |
| Utilities | $337,165 | $342,762 | $1,009 | 5.5% |
| Expense Adjustments | — | — | — | — |
| Total Operating Expenses | $2,054,908 | $2,075,409 | $6,152 | 33.3% |
| Net Operating Income | $4,111,751 | $4,153,375 | $12,311 | 66.7% |
Gross scheduled rent basis: gross potential rent + gain/(loss) to lease.
Other Income — top 5 plus rest
| Line item | T-12 | T-3 annualized |
|---|---|---|
| TERMINATION FEE (3112) | $115,089 | $89,707 |
| TENANT DAMAGE REIMBURSEMENT (3040) | $64,769 | $42,618 |
| RENTER'S INSURANCE INCOME (3175) | $63,100 | $65,826 |
| RENTER'S INSURANCE EXPENSE (3176) | ($55,891) | ($57,108) |
| LATE CHARGES (3011) | $52,406 | $37,520 |
| All other other income (17 lines) | $200,733 | $196,519 |
| Total other income | $440,206 | $375,083 |
Utility Reimbursements — top 4 plus rest
| Line item | T-12 | T-3 annualized |
|---|---|---|
| WATER/SEWER REIMBURSEMENT (3186) | $209,956 | $202,018 |
| VALET TRASH REIMBURSEMENTS (3001) | $92,098 | $102,303 |
| TRASH REIMBURSEMENT (3187) | $48,981 | $40,945 |
| UTILITY FEE REIMBURSEMENT (3183) | $14,581 | $14,433 |
| All other utility reimbursements (1 lines) | $6,319 | $3,799 |
| Total utility reimbursements | $371,935 | $363,497 |
Utilities — top 4 plus rest
| Line item | T-12 | T-3 annualized |
|---|---|---|
| WATER (7060) | $102,297 | $104,996 |
| SEWAGE (7070) | $84,050 | $85,694 |
| TRASH REMOVAL (7025) | $57,099 | $64,296 |
| VALET TRASH (7026) | $37,188 | $36,140 |
| All other utilities (5 lines) | $56,530 | $51,636 |
| Total utilities | $337,165 | $342,762 |
Trailing T-3 annualized revenue
Each figure is that month plus the two before it, times four — the trend the T-3 cap rate sits at the end of. Fewer than eight months of statement give fewer figures, never a padded zero.
| Month | T-3 annualized revenue |
|---|---|
| 2026-01 | $6,022,369 |
| 2026-02 | $6,022,884 |
| 2026-03 | $6,075,786 |
| 2026-04 | $6,144,709 |
| 2026-05 | $6,100,666 |
| 2026-06 | $6,228,784 |
Pricing and cap rate
- Price per unit
- $215,000illustrative
- Unit count
- 334
- Total purchase price
- $71,810,000illustrative
- T-12 revenue
- $6,166,659
- T-12 operating expenses
- $2,054,908
- T-12 net operating income
- $4,111,751
- T-12 cap rate
- 5.73%illustrative
- T-3 revenue (annualized)
- $6,228,784
- T-3 operating expenses (annualized)
- $2,075,409
- T-3 net operating income (annualized)
- $4,153,375
- T-3 cap rate
- 5.78%illustrative
- T-12 revenue
- $6,166,659
- T-6 annualized
- $6,152,285
- T-3 annualized
- $6,228,784
Pricing and cap rate
Revenue trend
T-12 audit trail
The cross-tie against the subtotals the source statement printed, then the statement against the rent roll. A difference over a dollar reads REVIEW rather than quietly passing; a subtotal the source never printed reads NOT CHECKED, not OK.
| Check | Our total | Source subtotal | Difference | Status | Why |
|---|---|---|---|---|---|
| Total Revenue | $6,166,659 | $6,166,659 | $0 | OK | |
| Total Operating Expenses | $2,054,908 | $2,054,908 | ($0) | OK | |
| Net Operating Income | $4,111,751 | $4,111,751 | $0 | OK | |
| Utilities | $337,165 | $337,165 | $0 | OK | |
| Group subtotals (Other Income, Utility Reimbursements) | — | — | — | NOT CHECKED | The statement prints no subtotal for these 2 groups, so there is nothing to tie their category totals to. The P&L still shows each group's own total. |
Statement sanity checks
Four guards on how the statement is printed. A REVIEW is flagged for a reader to resolve; nothing here changes a number — the P&L is the statement as categorised, unflipped.
| Guard | Status | Lines named | Detail |
|---|---|---|---|
| Contra-revenue categories net negative | OK | — | Every contra-revenue category (Vacancy, Concessions, Non-Revenue Units, Delinquency) nets negative, as it must. |
| Total operating expenses positive | OK | — | Total operating expenses are $2,054,908 — positive, as an expense total must be. |
| No recovery lines inside expense buckets | OK | — | No negative line inside an expense category carries a recovery word (rebill, reimburse, recover, recapture). |
| No subtotal row counted with its members | OK | — | No categorised row named like a subtotal (|value| ≥ $500) equals the sum of one to three rows within 25 lines of it. |
Across the two documents: statement vs rent roll
Different documents on different bases — twelve months of a statement against one day of a roll — so a tie within 10% is the expected state and a wider gap is the thing to look at, not a rounding difference.
| Tie | Statement | Rent roll | Gap | Status | Basis / why not |
|---|---|---|---|---|---|
| Gross Potential Rent vs the roll's market rent x 12 | $5,827,604 | $5,651,856 | 3.1% | OK | statement GPR, twelve months; roll market rent, every unit, x 12 |
| Total Revenue vs the roll's in-place rent x 12 | $6,166,659 | $5,472,456 | 12.7% | REVIEW | statement total revenue; roll in-place rent, occupied units, x 12 |
Rent roll
The normalized per-unit roll. Unit identifiers only — there is no tenant-name column in the schema, so there is nothing for a scrub step to miss. Lease type is derived from the gap between lease start and move-in (31-day tolerance); a blank means the source could not support a classification, and a date the source gave as text stays text rather than being coerced.
| Unit | Plan | Bd | Ba | SF | Status | Lease start | Move-in | Type | In-place rent | $/SF |
|---|---|---|---|---|---|---|---|---|---|---|
| 1001 | 3X2B | 3 | 2.0 | 1,444 | Occupied | 2026-06-01 | 2019-09-25 | Renewal | $2,258 | $1.56 |
| 1002 | 3X2B | 3 | 2.0 | 1,444 | Occupied | 2024-12-30 | 2020-11-30 | Renewal | $2,265 | $1.57 |
| 1003 | 2X2R | 2 | 2.0 | 1,006 | Non-revenue | 2025-12-01 | 2019-12-10 | Renewal | — | — |
| 1004 | 2X2 | 2 | 2.0 | 1,006 | Non-revenue | — | — | — | — | — |
| 1005 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-18 | 2025-09-18 | New | $1,181 | $1.64 |
| 1006 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-06-09 | 2026-06-09 | New | $1,265 | $1.76 |
| 1007 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-01 | 2014-01-01 | Renewal | $1,108 | $1.54 |
| 1008 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-02 | 2020-12-02 | Renewal | $1,450 | $2.01 |
| 1009 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-06-22 | 2026-06-22 | New | $1,176 | $1.63 |
| 1010 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-01 | 2012-01-16 | Renewal | $1,153 | $1.60 |
| 1011 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 2026-07-01 | New | $1,276 | $1.77 |
| 1012 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 2015-03-01 | Renewal | $1,163 | $1.62 |
| 1013 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-03-17 | 2020-03-17 | Renewal | $1,569 | $1.56 |
| 1014 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-08-10 | 2024-08-10 | Renewal | $1,528 | $1.52 |
| 1015 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-05-01 | 2023-05-30 | Renewal | $2,161 | $2.15 |
| 1016 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-10-30 | 2025-10-30 | New | $1,433 | $1.42 |
| 1017 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-29 | 2025-07-29 | Renewal | $1,586 | $1.58 |
| 1018 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-18 | 2024-06-18 | Renewal | $1,995 | $1.98 |
| 1019 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-11-27 | 2024-11-27 | Renewal | $1,606 | $1.60 |
| 1020 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-01 | 2008-12-08 | Renewal | $1,535 | $1.53 |
| 1021 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-22 | 2021-04-22 | Renewal | $1,746 | $2.06 |
| 1022 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-09-30 | 2024-09-30 | Renewal | $1,388 | $1.64 |
| 1023 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-04-09 | 2026-04-09 | New | $1,250 | $1.48 |
| 1024 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-11-20 | 2025-11-20 | New | $1,297 | $1.53 |
| 1025 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-30 | 2025-05-30 | Renewal | $1,570 | $1.56 |
| 1026 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-12-04 | 2025-12-04 | New | $1,491 | $1.48 |
| 1027 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-02-28 | 2026-02-28 | New | $1,307 | $1.30 |
| 1028 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-06-30 | 2025-05-30 | Renewal | $1,870 | $1.86 |
| 1029 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-11 | 2025-08-11 | New | $1,239 | $1.72 |
| 1030 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-31 | 2022-07-31 | Renewal | $1,653 | $2.30 |
| 1031 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-02-28 | 2023-12-30 | Renewal | $1,296 | $1.80 |
| 1032 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 2016-04-07 | Renewal | $1,347 | $1.87 |
| 1033 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-03 | 2026-07-03 | New | $1,176 | $1.63 |
| 1034 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-07-11 | 2022-05-11 | Renewal | $1,255 | $1.74 |
| 1035 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-01 | 2015-10-02 | Renewal | $1,244 | $1.73 |
| 1036 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-19 | 2025-03-19 | Renewal | $1,302 | $1.81 |
| 1037 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-03-17 | 2025-04-17 | Renewal | $1,250 | $1.74 |
| 1038 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-03-01 | 2025-02-01 | Renewal | $1,219 | $1.69 |
| 1039 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-15 | 2026-04-15 | New | $1,197 | $1.66 |
| 1040 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-11-01 | 2025-11-01 | New | $1,213 | $1.68 |
| 1041 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-03-01 | 2025-02-01 | Renewal | $1,224 | $1.70 |
| 1042 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-03 | 2024-07-03 | Renewal | $1,250 | $1.74 |
| 1043 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 2023-07-19 | Renewal | $1,512 | $2.10 |
| 1044 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-01 | 2022-09-01 | Renewal | $1,470 | $2.04 |
| 1045 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-07-17 | 2024-07-17 | Renewal | $1,822 | $1.81 |
| 1046 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-13 | 2026-06-13 | New | $1,564 | $1.55 |
| 1047 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-05-30 | 2021-02-28 | Renewal | $1,752 | $1.74 |
| 1048 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-04-09 | 2026-04-09 | New | $1,370 | $1.36 |
| 1049 | 1X1R | 1 | 1.0 | 720 | Vacant | — | — | — | — | — |
| 1050 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-11-09 | 2025-11-09 | New | $1,307 | $1.82 |
| 1051 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-04 | 2025-09-04 | New | $1,166 | $1.62 |
| 1052 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-03-29 | 2025-02-28 | Renewal | $1,192 | $1.66 |
| 1053 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-14 | 2024-09-14 | Renewal | $1,367 | $1.90 |
| 1054 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-12-18 | 2025-12-18 | New | $1,281 | $1.78 |
| 1055 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-10-14 | 2025-10-14 | New | $1,124 | $1.56 |
| 1056 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-21 | 2026-01-21 | New | $1,171 | $1.63 |
| 1057 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-27 | 2024-05-27 | Renewal | $1,363 | $1.89 |
| 1058 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-06 | 2023-09-06 | Renewal | $1,413 | $1.96 |
| 1059 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-14 | 2026-01-14 | New | $1,234 | $1.71 |
| 1060 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-20 | 2025-08-20 | New | $1,218 | $1.69 |
| 1061 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-14 | 2022-06-14 | Renewal | $1,530 | $2.12 |
| 1062 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-21 | 2026-01-21 | New | $1,197 | $1.66 |
| 1063 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-03-01 | 2023-03-08 | Renewal | $1,539 | $2.14 |
| 1064 | 1X1 | 1 | 1.0 | 720 | Vacant | — | — | — | — | — |
| 1065 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-26 | 2024-07-26 | Renewal | $1,500 | $1.49 |
| 1066 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-01-24 | 2024-01-24 | Renewal | $1,522 | $1.51 |
| 1067 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-02-02 | 2024-02-02 | Renewal | $1,668 | $1.66 |
| 1068 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-11-26 | 2025-11-26 | New | $1,507 | $1.50 |
| 1069 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-30 | 2024-07-30 | Renewal | $1,875 | $1.86 |
| 1070 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-15 | 2025-07-15 | Renewal | $1,518 | $1.51 |
| 1071 | 2X2R | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 1072 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-14 | 2025-06-14 | Renewal | $1,586 | $1.58 |
| 1073 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-01 | 2025-07-01 | Renewal | $1,586 | $1.58 |
| 1074 | 2X2 | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 1075 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-24 | 2025-05-24 | Renewal | $1,517 | $1.51 |
| 1076 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-01-17 | 2024-01-17 | Renewal | $1,748 | $1.74 |
| 1077 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-23 | 2021-08-23 | Renewal | $2,397 | $2.38 |
| 1078 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-23 | 2026-04-23 | New | $1,522 | $1.51 |
| 1079 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2025-11-22 | 2024-11-22 | Renewal | $1,998 | $1.67 |
| 1080 | 3X2A | 3 | 2.0 | 1,194 | Occupied | 2025-11-27 | 2024-10-27 | Renewal | $1,911 | $1.60 |
| 1081 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2026-06-30 | 2026-06-30 | New | $2,021 | $1.69 |
| 1082 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2025-11-01 | 2025-11-01 | New | $1,964 | $1.64 |
| 1083 | 3X2A | 3 | 2.0 | 1,194 | Occupied | 2026-02-18 | 2026-02-18 | New | $1,785 | $1.49 |
| 1084 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2025-09-18 | 2024-09-18 | Renewal | $2,110 | $1.77 |
| 1085 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-10-25 | 2023-10-25 | Renewal | $2,024 | $2.01 |
| 1086 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-10-30 | 2024-11-30 | Renewal | $1,619 | $1.61 |
| 1087 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-20 | 2018-10-20 | Renewal | $1,508 | $1.50 |
| 1088 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-09-30 | 2025-09-30 | New | $1,601 | $1.59 |
| 1089 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-02-24 | 2026-02-24 | New | $1,360 | $1.61 |
| 1090 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-05-01 | 2025-05-18 | Renewal | $1,408 | $1.66 |
| 1091 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-02-11 | 2026-02-11 | New | $1,412 | $1.67 |
| 1092 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-09-16 | 2025-09-16 | New | $1,438 | $1.70 |
| 1093 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-06-16 | 2025-05-16 | Renewal | $1,349 | $1.59 |
| 1094 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-10-01 | 2022-10-19 | Renewal | $1,912 | $2.26 |
| 1095 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-03-07 | 2026-03-07 | New | $1,250 | $1.48 |
| 1096 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-12 | 2026-04-12 | New | $1,228 | $1.45 |
| 1097 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-16 | 2020-09-16 | Renewal | $1,745 | $1.73 |
| 1098 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-03-03 | 2025-02-03 | Renewal | $1,570 | $1.56 |
| 1099 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-09-28 | 2025-09-28 | New | $1,628 | $1.62 |
| 1100 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-05-16 | 2025-04-16 | Renewal | $1,470 | $1.46 |
| 1101 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-05-12 | 2026-05-12 | New | $1,465 | $1.46 |
| 1102 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-10 | 2025-07-10 | Renewal | $1,570 | $1.56 |
| 1103 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-08 | 2025-04-08 | Renewal | $1,528 | $1.52 |
| 1104 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-12 | 2024-09-12 | Renewal | $2,067 | $2.05 |
| 1105 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-17 | 2024-07-17 | Renewal | $1,995 | $2.36 |
| 1106 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-09-18 | 2025-09-18 | New | $1,423 | $1.68 |
| 1107 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-03-22 | 2026-03-22 | New | $1,250 | $1.48 |
| 1108 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-07-14 | 2023-09-14 | Renewal | $1,644 | $1.94 |
| 1109 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-05-19 | 2025-04-19 | Renewal | $1,454 | $1.45 |
| 1110 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-06-11 | 2026-06-11 | New | $1,449 | $1.44 |
| 1111 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-06-24 | 2026-06-24 | New | $1,449 | $1.44 |
| 1112 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-08-05 | 2025-08-05 | New | $1,628 | $1.62 |
| 1113 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-06 | 2026-01-06 | New | $1,570 | $1.86 |
| 1114 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-10-01 | 2023-10-01 | Renewal | $1,774 | $2.10 |
| 1115 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-26 | 2023-11-26 | Renewal | $1,460 | $1.73 |
| 1116 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-17 | 2024-07-17 | Renewal | $1,586 | $1.87 |
| 1117 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-12-14 | 2025-12-14 | New | $1,213 | $1.68 |
| 1118 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-10-15 | 2025-10-15 | New | $1,176 | $1.63 |
| 1119 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-27 | 2025-04-27 | Renewal | $1,253 | $1.74 |
| 1120 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-01-02 | 2026-01-02 | New | $1,134 | $1.57 |
| 1121 | 2X1R | 2 | 1.0 | 846 | Vacant | — | — | — | — | — |
| 1122 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-02 | 2026-01-02 | New | $1,328 | $1.57 |
| 1123 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-03-23 | 2025-03-23 | Renewal | $1,433 | $1.69 |
| 1124 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-06-05 | 2025-06-05 | Renewal | $1,471 | $1.74 |
| 1125 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-01 | 2026-05-01 | New | $1,197 | $1.66 |
| 1126 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-03-20 | 2026-03-20 | New | $1,202 | $1.67 |
| 1127 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-07-12 | 2019-05-12 | Renewal | $1,438 | $2.00 |
| 1128 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-24 | 2024-09-24 | Renewal | $1,442 | $2.00 |
| 1129 | 2X1R | 2 | 1.0 | 846 | Vacant | — | — | — | — | — |
| 1130 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-12-24 | 2025-12-24 | New | $1,328 | $1.57 |
| 1131 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-02-23 | 2026-02-23 | New | $1,250 | $1.48 |
| 1132 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-01-20 | 2026-01-20 | New | $1,360 | $1.61 |
| 1133 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-04 | 2026-04-04 | New | $1,150 | $1.60 |
| 1134 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-15 | 2026-06-15 | New | $1,354 | $1.88 |
| 1135 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-07 | 2026-04-07 | New | $1,260 | $1.75 |
| 1136 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-12 | 2026-04-12 | New | $1,097 | $1.52 |
| 1137 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-17 | 2025-04-17 | Renewal | $1,263 | $1.75 |
| 1138 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-30 | 2020-06-30 | Renewal | $1,200 | $1.67 |
| 1139 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-08 | 2026-05-08 | New | $1,134 | $1.57 |
| 1140 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-25 | 2024-05-25 | Renewal | $1,331 | $1.85 |
| 1141 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-03-24 | 2026-03-24 | New | $1,113 | $1.55 |
| 1142 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-04 | 2023-10-04 | Renewal | $1,743 | $2.42 |
| 1143 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-02-15 | 2025-02-15 | Renewal | $1,484 | $2.06 |
| 1144 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-27 | 2023-11-27 | Renewal | $1,351 | $1.88 |
| 1145 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-12-31 | 2025-12-31 | New | $1,286 | $1.79 |
| 1146 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-11 | 2024-06-11 | Renewal | $1,555 | $2.16 |
| 1147 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-10-15 | 2024-12-15 | Renewal | $1,346 | $1.87 |
| 1148 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-29 | 2026-05-29 | New | $1,197 | $1.66 |
| 1149 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-06-21 | 2024-04-21 | Renewal | $1,244 | $1.73 |
| 1150 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-12-08 | 2017-12-08 | Renewal | $1,224 | $1.70 |
| 1151 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 2023-07-11 | Renewal | $1,522 | $2.11 |
| 1152 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-03 | 2025-04-03 | Renewal | $1,289 | $1.79 |
| 1153 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-24 | 2024-04-24 | Renewal | $1,284 | $1.78 |
| 1154 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-01 | 2024-01-09 | Renewal | $1,260 | $1.75 |
| 1155 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-18 | 2025-09-18 | New | $1,197 | $1.66 |
| 1156 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-17 | 2024-12-17 | Renewal | $1,208 | $1.68 |
| 1157 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-06 | 2024-01-06 | Renewal | $1,354 | $1.88 |
| 1158 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-30 | 2026-04-30 | New | $1,181 | $1.64 |
| 1159 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-11 | 2025-09-11 | New | $1,181 | $1.64 |
| 1160 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-01-01 | 2022-12-20 | Renewal | $1,489 | $2.07 |
| 1161 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-08-06 | 2025-08-06 | New | $1,286 | $1.79 |
| 1162 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-08-17 | 2025-08-17 | New | $1,124 | $1.56 |
| 1163 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-30 | 2024-04-30 | Renewal | $1,193 | $1.66 |
| 1164 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-15 | 2025-09-15 | New | $1,181 | $1.64 |
| 1165 | 3X2B | 3 | 2.0 | 1,444 | Vacant | — | — | — | — | — |
| 1166 | 3X2BR | 3 | 2.0 | 1,444 | Occupied | 2026-03-25 | 2025-03-25 | Renewal | $2,453 | $1.70 |
| 1167 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-09-23 | 2024-09-23 | Renewal | $1,748 | $1.74 |
| 1168 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-08-10 | 2024-08-10 | Renewal | $1,521 | $1.51 |
| 1169 | 3X2BR | 3 | 2.0 | 1,444 | Occupied | 2026-05-25 | 2022-05-25 | Renewal | $2,123 | $1.47 |
| 1170 | 3X2B | 3 | 2.0 | 1,444 | Occupied | 2026-03-04 | 2026-03-04 | New | $1,948 | $1.35 |
| 2003 | 2X2 | 2 | 2.0 | 1,006 | Non-revenue | — | — | — | — | — |
| 2004 | 2X2R | 2 | 2.0 | 1,006 | Non-revenue | — | — | — | — | — |
| 2005 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-01-24 | 2026-01-24 | New | $1,292 | $1.79 |
| 2006 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-01-15 | 2025-01-15 | Renewal | $1,265 | $1.76 |
| 2007 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-24 | 2023-05-24 | Renewal | $1,571 | $2.18 |
| 2008 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-10 | 2024-07-10 | Renewal | $1,334 | $1.85 |
| 2009 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-16 | 2024-04-16 | Renewal | $1,292 | $1.79 |
| 2010 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-01 | 2008-06-10 | Renewal | $1,539 | $2.14 |
| 2011 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-12-24 | 2025-12-24 | New | $1,134 | $1.57 |
| 2012 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-28 | 2024-07-28 | Renewal | $1,407 | $1.95 |
| 2013 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-11-24 | 2025-11-24 | New | $1,496 | $1.49 |
| 2014 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-04-13 | 2025-04-13 | Renewal | $1,793 | $1.78 |
| 2015 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-01 | 2016-12-23 | Renewal | $1,683 | $1.67 |
| 2016 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-05 | 2025-06-05 | Renewal | $1,877 | $1.87 |
| 2017 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-08-18 | 2024-09-18 | Renewal | $1,638 | $1.63 |
| 2018 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-11-30 | 2025-11-30 | New | $1,423 | $1.41 |
| 2019 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-27 | 2025-04-27 | Renewal | $1,623 | $1.61 |
| 2020 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-05 | 2026-04-05 | New | $1,470 | $1.46 |
| 2021 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-16 | 2025-07-16 | Renewal | $1,823 | $2.15 |
| 2022 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-07-10 | 2025-07-10 | New | $1,507 | $1.78 |
| 2023 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-16 | 2026-04-16 | New | $1,349 | $1.59 |
| 2024 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-28 | 2020-06-28 | Renewal | $1,877 | $2.22 |
| 2025 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-30 | 2025-04-30 | Renewal | $1,694 | $1.68 |
| 2026 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-12-15 | 2025-12-15 | New | $1,407 | $1.40 |
| 2027 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-03-01 | 2026-03-01 | New | $1,428 | $1.42 |
| 2028 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-10-13 | 2025-10-13 | New | $1,580 | $1.57 |
| 2029 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-05-30 | 2023-05-30 | Renewal | $1,505 | $2.09 |
| 2030 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-06-04 | 2025-05-04 | Renewal | $1,239 | $1.72 |
| 2031 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-23 | 2023-11-23 | Renewal | $1,235 | $1.72 |
| 2032 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-08 | 2025-09-08 | New | $1,166 | $1.62 |
| 2033 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-28 | 2025-11-28 | New | $1,218 | $1.69 |
| 2034 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-24 | 2021-02-24 | Renewal | $1,230 | $1.71 |
| 2035 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-26 | 2023-07-26 | Renewal | $1,959 | $2.72 |
| 2036 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-07-12 | 2024-06-12 | Renewal | $1,589 | $2.21 |
| 2037 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-08-17 | 2024-07-17 | Renewal | $1,466 | $2.04 |
| 2038 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-01 | 2013-03-29 | Renewal | $1,132 | $1.57 |
| 2039 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-20 | 2025-09-20 | New | $1,181 | $1.64 |
| 2040 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-01 | 2014-10-01 | Renewal | $1,213 | $1.68 |
| 2041 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-24 | 2024-05-24 | Renewal | $1,624 | $2.26 |
| 2042 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-16 | 2026-05-16 | New | $1,213 | $1.68 |
| 2043 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-25 | 2026-06-25 | New | $1,281 | $1.78 |
| 2044 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-07 | 2025-03-24 | Renewal | $1,176 | $1.63 |
| 2045 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-04-14 | 2026-04-14 | New | $1,381 | $1.37 |
| 2046 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-07-30 | 2025-07-30 | New | $1,659 | $1.65 |
| 2047 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-02-20 | 2025-02-20 | Renewal | $1,634 | $1.62 |
| 2048 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-07-05 | 2023-07-05 | Renewal | $1,697 | $1.69 |
| 2049 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-02 | 2025-04-02 | Renewal | $1,194 | $1.66 |
| 2050 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-01 | 1998-07-08 | Renewal | $1,224 | $1.70 |
| 2051 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-12-31 | 2024-12-31 | Renewal | $1,250 | $1.74 |
| 2052 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-07 | 2025-05-07 | Renewal | $1,300 | $1.81 |
| 2053 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-30 | 2024-09-30 | Renewal | $1,326 | $1.84 |
| 2054 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-10-10 | 2025-10-10 | New | $1,334 | $1.85 |
| 2055 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-24 | 2025-04-24 | Renewal | $1,202 | $1.67 |
| 2056 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-09 | 2025-04-09 | Renewal | $1,320 | $1.83 |
| 2057 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-15 | 2024-06-15 | Renewal | $1,799 | $2.50 |
| 2058 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-02-01 | 2025-02-01 | Renewal | $1,244 | $1.73 |
| 2059 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-03-24 | 2026-03-24 | New | $1,391 | $1.93 |
| 2060 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-01 | 2024-07-01 | Renewal | $1,466 | $2.04 |
| 2061 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-29 | 2025-03-29 | Renewal | $1,194 | $1.66 |
| 2062 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-29 | 2026-05-29 | New | $1,244 | $1.73 |
| 2063 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-13 | 2026-04-13 | New | $1,181 | $1.64 |
| 2064 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-05-01 | 2025-04-01 | Renewal | $1,232 | $1.71 |
| 2065 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-12-16 | 2019-11-16 | Renewal | $1,726 | $1.72 |
| 2066 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-01 | 2023-03-21 | Renewal | $1,932 | $2.68 |
| 2067 | 2X2 | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 2068 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-12-08 | 2025-12-08 | New | $1,496 | $1.49 |
| 2069 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-07-14 | 2023-09-14 | Renewal | $1,718 | $1.71 |
| 2070 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-04-04 | 2026-04-04 | New | $1,528 | $1.52 |
| 2071 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-02-01 | 2023-02-25 | Renewal | $1,896 | $1.88 |
| 2072 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-03-02 | 2026-03-02 | New | $1,344 | $1.34 |
| 2073 | 2X2R | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 2074 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-03-07 | 2020-01-07 | Renewal | $1,677 | $1.67 |
| 2075 | 2X2 | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 2076 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-09-01 | 2023-08-01 | Renewal | $1,785 | $1.77 |
| 2077 | 2X2R | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 2078 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-09-01 | 2011-09-04 | Renewal | $1,286 | $1.28 |
| 2079 | 3X2A | 3 | 2.0 | 1,194 | Occupied | 2026-05-20 | 2024-03-20 | Renewal | $1,831 | $1.53 |
| 2080 | 3X2A | 3 | 2.0 | 1,194 | Occupied | 2025-12-23 | 2025-12-23 | New | $1,643 | $1.38 |
| 2081 | 3X2A | 3 | 2.0 | 1,194 | Occupied | 2026-02-27 | 2026-02-27 | New | $1,633 | $1.37 |
| 2082 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2026-04-17 | 2026-04-17 | New | $1,774 | $1.49 |
| 2083 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2025-12-01 | 2024-12-03 | Renewal | $1,889 | $1.58 |
| 2084 | 3X2AR | 3 | 2.0 | 1,194 | Occupied | 2026-01-27 | 2026-01-27 | New | $1,654 | $1.39 |
| 2085 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-08-01 | 2023-08-12 | Renewal | $1,804 | $1.79 |
| 2086 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-03-28 | 2024-03-28 | Renewal | $1,516 | $1.51 |
| 2087 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-30 | 2022-06-30 | Renewal | $1,966 | $1.95 |
| 2088 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-08-08 | 2024-10-08 | Renewal | $1,643 | $1.63 |
| 2089 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-05-17 | 2025-04-17 | Renewal | $1,438 | $1.70 |
| 2090 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-07 | 2026-01-07 | New | $1,328 | $1.57 |
| 2091 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-06-30 | 2026-06-30 | New | $1,297 | $1.53 |
| 2092 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-04-30 | 2026-04-30 | New | $1,250 | $1.48 |
| 2093 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-24 | 2025-04-24 | Renewal | $1,386 | $1.64 |
| 2094 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-11 | 2023-12-11 | Renewal | $1,443 | $1.71 |
| 2095 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-08-25 | 2024-10-25 | Renewal | $1,433 | $1.69 |
| 2096 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-02-15 | 2026-02-15 | New | $1,344 | $1.59 |
| 2097 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-01-01 | 2024-01-01 | Renewal | $1,633 | $1.62 |
| 2098 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-06 | 2026-06-06 | New | $1,549 | $1.54 |
| 2099 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2025-10-24 | 2025-10-24 | New | $1,433 | $1.42 |
| 2100 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-06-04 | 2024-04-04 | Renewal | $1,949 | $1.94 |
| 2101 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-12-11 | 2024-12-11 | Renewal | $1,591 | $1.58 |
| 2102 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-06-20 | 2025-05-20 | Renewal | $1,517 | $1.51 |
| 2103 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2025-12-09 | 2025-12-09 | New | $1,480 | $1.47 |
| 2104 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-02-21 | 2025-02-21 | Renewal | $1,549 | $1.54 |
| 2105 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-06-13 | 2024-06-13 | Renewal | $1,575 | $1.86 |
| 2106 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-02-08 | 2026-02-08 | New | $1,360 | $1.61 |
| 2107 | 2X1 | 2 | 1.0 | 846 | Vacant | 2026-07-11 | 2026-07-11 | New | $1,376 | $1.63 |
| 2108 | 2X1R | 2 | 1.0 | 846 | Vacant | — | — | — | — | — |
| 2109 | 2X2R | 2 | 2.0 | 1,006 | Vacant | — | — | — | — | — |
| 2110 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-05-10 | 2026-05-10 | New | $1,465 | $1.46 |
| 2111 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-02-28 | 2026-02-28 | New | $1,402 | $1.39 |
| 2112 | 2X2 | 2 | 2.0 | 1,006 | Occupied | 2026-07-01 | 2026-07-01 | New | $1,601 | $1.59 |
| 2113 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-14 | 2021-10-14 | Renewal | $2,067 | $2.44 |
| 2114 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-02 | 2025-04-02 | Renewal | $1,386 | $1.64 |
| 2115 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-10 | 2026-01-10 | New | $1,360 | $1.61 |
| 2116 | 2X1R | 2 | 1.0 | 846 | Occupied | 2025-09-24 | 2025-09-24 | New | $1,396 | $1.65 |
| 2117 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-05-25 | 2025-04-25 | Renewal | $1,289 | $1.79 |
| 2118 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-18 | 2026-06-18 | New | $1,223 | $1.70 |
| 2119 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-17 | 2020-06-17 | Renewal | $1,201 | $1.67 |
| 2120 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-30 | 2025-09-30 | New | $1,166 | $1.62 |
| 2121 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-07-21 | 2025-06-21 | Renewal | $1,489 | $1.76 |
| 2122 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-04-06 | 2026-04-06 | New | $1,386 | $1.64 |
| 2123 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-06-02 | 2025-06-02 | Renewal | $1,423 | $1.68 |
| 2124 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-02-19 | 2024-05-19 | Renewal | $1,480 | $1.75 |
| 2125 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-15 | 2018-11-15 | Renewal | $1,240 | $1.72 |
| 2126 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-06 | 2023-09-06 | Renewal | $1,474 | $2.05 |
| 2127 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-30 | 2026-06-30 | New | $1,124 | $1.56 |
| 2128 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-24 | 2025-06-24 | Renewal | $1,720 | $2.39 |
| 2129 | 2X1 | 2 | 1.0 | 846 | Occupied | 2026-01-07 | 2026-01-07 | New | $1,328 | $1.57 |
| 2130 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-12-16 | 2025-12-16 | New | $1,328 | $1.57 |
| 2131 | 2X1R | 2 | 1.0 | 846 | Occupied | 2026-02-20 | 2024-01-20 | Renewal | $1,461 | $1.73 |
| 2132 | 2X1 | 2 | 1.0 | 846 | Occupied | 2025-07-15 | 2019-05-17 | Renewal | $1,525 | $1.80 |
| 2133 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-01 | 2025-11-01 | New | $1,113 | $1.55 |
| 2134 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-01 | 2023-04-02 | Renewal | $1,458 | $2.02 |
| 2135 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-24 | 2024-05-24 | Renewal | $1,270 | $1.76 |
| 2136 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-16 | 2024-07-16 | Renewal | $1,706 | $2.37 |
| 2137 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-03-01 | 2013-01-15 | Renewal | $1,154 | $1.60 |
| 2138 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-01 | 2023-09-19 | Renewal | $1,400 | $1.94 |
| 2139 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-09-01 | 2011-08-16 | Renewal | $1,301 | $1.81 |
| 2140 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-23 | 2026-04-23 | New | $1,129 | $1.57 |
| 2141 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-25 | 2025-01-25 | Renewal | $1,265 | $1.76 |
| 2142 | 1X1 | 1 | 1.0 | 720 | Vacant | — | — | — | — | — |
| 2143 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-11-29 | 2019-09-29 | Renewal | $1,436 | $1.99 |
| 2144 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-07 | 2026-04-07 | New | $1,129 | $1.57 |
| 2145 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-09 | 2025-06-09 | Renewal | $1,286 | $1.79 |
| 2146 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-07 | 2018-10-07 | Renewal | $1,434 | $1.99 |
| 2147 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-01-01 | 2023-01-18 | Renewal | $1,405 | $1.95 |
| 2148 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-07 | 2025-11-07 | New | $1,234 | $1.71 |
| 2149 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-02-28 | 2026-02-28 | New | $1,160 | $1.61 |
| 2150 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-06-29 | 2024-05-29 | Renewal | $1,274 | $1.77 |
| 2151 | 1X1 | 1 | 1.0 | 720 | Vacant | — | — | — | — | — |
| 2152 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-07-30 | 2025-04-30 | Renewal | $1,486 | $2.06 |
| 2153 | 1X1R | 1 | 1.0 | 720 | Vacant | — | — | — | — | — |
| 2154 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-12-01 | 2022-12-23 | Renewal | $1,561 | $2.17 |
| 2155 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-07-02 | 2024-09-02 | Renewal | $1,373 | $1.91 |
| 2156 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-22 | 2025-09-22 | New | $1,108 | $1.54 |
| 2157 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-04-26 | 2025-03-26 | Renewal | $1,352 | $1.88 |
| 2158 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-04 | 2025-09-04 | New | $1,102 | $1.53 |
| 2159 | 1X1 | 1 | 1.0 | 720 | Occupied | 2026-06-08 | 2024-05-08 | Renewal | $1,314 | $1.82 |
| 2160 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-11-06 | 2024-11-06 | Renewal | $1,348 | $1.87 |
| 2161 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-12-08 | 2022-07-08 | Renewal | $2,079 | $2.89 |
| 2162 | 1X1R | 1 | 1.0 | 720 | Occupied | 2025-09-13 | 2025-09-13 | New | $1,108 | $1.54 |
| 2163 | 1X1R | 1 | 1.0 | 720 | Occupied | 2026-04-04 | 2023-02-04 | Renewal | $1,533 | $2.13 |
| 2164 | 1X1 | 1 | 1.0 | 720 | Occupied | 2025-08-13 | 2024-10-13 | Renewal | $1,370 | $1.90 |
| 2167 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-02-21 | 2023-02-21 | Renewal | $1,726 | $1.72 |
| 2168 | 2X2R | 2 | 2.0 | 1,006 | Occupied | 2026-03-10 | 2025-04-10 | Renewal | $1,641 | $1.63 |
Unit mix summary
Per-plan rollup, in the rent-roll Summary's own columns. Market rent for model is the new move-in rent — residents whose move-in date falls inside the lookback window, whatever their lease type — where the plan has one, and the in-place average otherwise (in-place outright on a roll with no usable lease start or move-in date); the basis column says which, per plan. Leases signed is every classified lease started in the window, new and renewal together, shown for context and never fed to the model: a blended average is a renewal average wearing a market-rent label, and it understates trade-out on every deal it touches.
| Plan | Bd | Ba | Avg SF | Units | Occ | Vac | In-place rent | Leases signed rent | Signed # | New move-in rent | Move-in # | Market rent for model | Basis |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1X1 | 1 | 1.0 | 720 | 88 | 85 | 3 | $1,320 | $1,316 | 76 | $1,225 | 27 | $1,225 | New move-ins (n=27) |
| 1X1R | 1 | 1.0 | 720 | 73 | 71 | 2 | $1,297 | $1,295 | 66 | $1,168 | 26 | $1,168 | New move-ins (n=26) |
| 2X1 | 2 | 1.0 | 846 | 35 | 34 | 1 | $1,497 | $1,495 | 32 | $1,355 | 14 | $1,355 | New move-ins (n=14) |
| 2X1R | 2 | 1.0 | 846 | 21 | 18 | 3 | $1,391 | $1,391 | 18 | $1,323 | 12 | $1,323 | New move-ins (n=12) |
| 2X2 | 2 | 2.0 | 1,006 | 56 | 51 | 3 | $1,658 | $1,652 | 45 | $1,533 | 13 | $1,533 | New move-ins (n=13) |
| 2X2R | 2 | 2.0 | 1,006 | 43 | 37 | 4 | $1,568 | $1,566 | 34 | $1,422 | 15 | $1,422 | New move-ins (n=15) |
| 3X2A | 3 | 2.0 | 1,194 | 5 | 5 | 0 | $1,761 | $1,761 | 5 | $1,687 | 3 | $1,687 | New move-ins (n=3) |
| 3X2AR | 3 | 2.0 | 1,194 | 7 | 7 | 0 | $1,916 | $1,916 | 7 | $1,853 | 4 | $1,853 | New move-ins (n=4) |
| 3X2B | 3 | 2.0 | 1,444 | 4 | 3 | 1 | $2,157 | $2,103 | 2 | $1,948 | 1 | $1,948 | New move-ins (n=1) |
| 3X2BR | 3 | 2.0 | 1,444 | 2 | 2 | 0 | $2,288 | $2,288 | 2 | — | 0 | $2,288 | In-place — no new move-ins in window |
Units by floor plan
In-place vs new move-in vs market rent for model
In-placeNew move-inMarket rent for model
- As-of date
- 2026-08-31Every window is measured from this date, never from today.
- Lookback months
- 12
- New-tenant tolerance
- 31 days
- Total units
- 334
- Occupied
- 313
- Vacant
- 17
- Non-revenue
- 4Models and down units: in the stock, in neither occupancy bucket.
- Occupancy
- 93.7%
- Vacancy
- 6.3%The physical-vacancy input.
- Weighted in-place rent
- $1,457Weighted by occupied units.
- Weighted market rent for model
- $1,345Weighted by total units.
- Move-ins in window
- 115
- Annualized turnover
- 34.4%Move-ins in the window, annualized against unit count.
- Move-ins in window
- 115Counted by MOVE-IN date, never by lease start — a renewal stamps a fresh lease start against a resident who moved in years ago.
- Window (months)
- 12
- Share of units
- 34.4%
Knobs
Occupancy
Rents and turnover
New move-ins
Rent roll audit trail
The normalized roll tied back to the export's own stated totals — unit count, square footage, occupancy, rent totals — then a seeded readback of unit rents against the source cells. Every row compares against a figure the SOURCE printed, never against another number this toolkit derived.
Reconciliation: PASS — units off by 0, market rent off by $0. Unit count (tolerance 0) and the export's stated market-rent total (tolerance $1), plus every duplicate row retaining the in-place lease and no rent-readback mismatch. FAIL on any; NOT CHECKED when the export states no count or no total to tie to; PASS only when everything ran and tied.
Rent-roll tie-outs
| Check | Our calc | Source | Difference | Status | Note |
|---|---|---|---|---|---|
| Total units | 334 | 334 | 0 | OK | Unit count after de-duplicating rows for units listed twice mid-turnover. |
| Total square feet | 285,882 | 285,882 | 0 | OK | This project's own addition — the operator's rent-roll skill has no square-footage tie-out. It earns its place because square footage is what the de-duplication is checked against: dropping the wrong duplicate row changes the total. |
| Occupied units (physical) | 313 | 313 | 0 | OK | Against the source's own status buckets: Occupied + Notice Available + Notice Rented. A resident on notice has not moved out, so the source's 'Occupied' bucket alone is a LEASING status, not physical occupancy. |
| Occupancy | 93.7% | 93.7% | 0.0% | OK | PHYSICAL occupancy: 313 of 334 units. Residents on notice count as occupied; down, model and employee units do not. Economic occupancy is a different number and is not this one. |
| Market rent (monthly total) | 470,988 | 470,988 | 0 | OK | Validates row COMPLETENESS — 334 units counted once each, none dropped or double-counted. It does NOT validate which row was kept on a duplicate: all 6 readable turnover pair(s) carry the same market rent on both rows, so this total is identical under either de-duplication rule while in-place rent is not. The row CHOICE is checked separately below. |
| In-place rent (monthly total) | 457,414 | 488,975 | -31,561 | INFO | Shown for the reader, not scored: the export's current-rent total is its per-status summary, which carries a rent on model, unrentable and vacant units; in-place rent is occupied units only. The gate's rent half is the market-rent total above, which the export states on the same per-unit basis. |
| Duplicate rows: kept the in-place lease | 6 | 6 | 0 | OK | 6 unit(s) listed twice; every one where an in-place row was available retained it (1 had none — 2107, where the alternative row carries no status and no rent, so keeping the other is correct). Keeping the other row instead would move in-place rent by $4,823/mo ($57,876/yr) — which the market-rent tie-out above cannot see. |
| Occupied units | 313 | — | — | INFO | The numerator above, stated separately so the ratio can be re-derived. |
6/6 tie-outs OK. A total the source export never printed reads NOT CHECKED and stays in the denominator — excluding it would let a check that could not run flatter the ratio. Occupancy here is physical: 313/334 units, physical; down, model and employee units count as vacant.
Duplicate rows — 6 unit(s) listed twice
| Unit | Kept row | Kept status | Kept rent | Rows not counted | Why |
|---|---|---|---|---|---|
| 1060 | 64 | Current | $1,218 | row 63: New, $0 | Kept the row whose lease status is the in-place one ('Current'); the other row is the incoming lease. |
| 1077 | 82 | Current | $2,397 | row 81: New, $0 | Kept the row whose lease status is the in-place one ('Current'); the other row is the incoming lease. |
| 1104 | 110 | Current | $2,067 | row 109: New, $1,606 | Kept the row whose lease status is the in-place one ('Current'); the other row is the incoming lease. |
| 1146 | 153 | Current | $1,555 | row 152: New, $1,255 | Kept the row whose lease status is the in-place one ('Current'); the other row is the incoming lease. |
| 2021 | 197 | Current | $1,823 | row 196: New, $1,376 | Kept the row whose lease status is the in-place one ('Current'); the other row is the incoming lease. |
| 2107 | 283 | New | $1,376 | row 284: no status, $0 | No row carries the in-place status ('Current'); kept the row with a stated rent and a status, which is the lease in place on the as-of date. |
Rent readback — 10 units
| Unit | Plan | Our in-place rent | Source cell | Source locator | Status |
|---|---|---|---|---|---|
| 1022 | 2X1R | $1,388 | $1,388 | HG_RMOROLLE!N25 | OK |
| 1027 | 2X2R | $1,307 | $1,307 | HG_RMOROLLE!N30 | OK |
| 1030 | 1X1R | $1,653 | $1,653 | HG_RMOROLLE!N33 | OK |
| 1041 | 1X1 | $1,224 | $1,224 | HG_RMOROLLE!N44 | OK |
| 1079 | 3X2AR | $1,998 | $1,998 | HG_RMOROLLE!N84 | OK |
| 1100 | 2X2R | $1,470 | $1,470 | HG_RMOROLLE!N105 | OK |
| 1144 | 1X1R | $1,351 | $1,351 | HG_RMOROLLE!N150 | OK |
| 1158 | 1X1R | $1,181 | $1,181 | HG_RMOROLLE!N165 | OK |
| 1167 | 2X2 | $1,748 | $1,748 | HG_RMOROLLE!N174 | OK |
| 2013 | 2X2 | $1,496 | $1,496 | HG_RMOROLLE!N188 | OK |
10 of 10 match within $0.50. The sample is seeded from the roll's as-of date (2026-08-31|334), so the same roll always checks the same units and anyone re-running this sees these rows. Both sides of the readback read the same rent column, so it validates TRANSCRIPTION — that the number was carried across correctly — and cannot detect the wrong column having been chosen in the first place. The column choice is evidenced in the audit trail instead.
Model-ready outputs
210 fields the pipeline extracts from a deal's raw documents and hands to your model. It does not build a model — every shop already has one, and theirs is the one their committee trusts. The work worth automating is filling it in correctly. Comps come only from an operator's own weekly rent scrape; licensed sources are excluded by design, so a field one of them would have filled reads MISSING rather than being sourced elsewhere.
| Name | Value | Source | Fills in the model |
|---|---|---|---|
| Meta | |||
| toolkit_name | AI Underwriting Pipeline — Sample Outputs | Derived by the pipeline | Reference only — not a model input |
| deal_name | Sample Mesa Apt | Offering memorandum / marketing package | Model cover / deal header |
| generated_on | 2026-09-14 | Derived by the pipeline | Model cover date |
| as_of_date | 2026-08-31 | Trailing-twelve-month income statement | Model as-of / analysis date |
| illustrative_pricing | yes | Derived by the pipeline | Reference only — not a model input |
| pricing_note | Every price and cap rate below is illustrative. The per-unit price is a round number ch… | Derived by the pipeline | Reference only — not a model input |
| synthetic | no | Derived by the pipeline | Reference only — not a model input |
| provenance | — | Derived by the pipeline | Reference only — not a model input |
| excluded_sources | — | Derived by the pipeline | Reference only — not a model input |
| Deal identification | |||
| street_address | 2151 E Southern Ave | Offering memorandum / marketing package | Property address |
| city | Mesa | Offering memorandum / marketing package | Property address |
| state | AZ | Offering memorandum / marketing package | Property address / tax logic |
| zip | 85204 | Offering memorandum / marketing package | Property address |
| county | Maricopa | Offering memorandum / marketing package | Tax jurisdiction |
| msa | Phoenix MSA | Derived by the pipeline | Market label |
| address_provenance | Available in the internal underwriting agent only | Derived by the pipeline | Reference only — not a model input |
| Property | |||
| product_type | Garden-style multifamily | Offering memorandum / marketing package | Product type / deal mode |
| structure | 1 & 2 stories | Offering memorandum / marketing package | Property description |
| unit_count | 334 | Offering memorandum / marketing package | Unit count |
| year_built | 1981 | Offering memorandum / marketing package | Year built |
| product_detail | Diversified mix of one-, two-, and three-bedroom residences averaging 856 square feet o… | Offering memorandum / marketing package | Property description |
| construction_status | MISSING | Offering memorandum / marketing package | Deal mode (stabilized vs phased) |
| delivery_date | MISSING | Offering memorandum / marketing package | Delivery / phasing schedule |
| Parties | |||
| seller_entity | Sonoran Residential Holdings LLC | Offering memorandum / marketing package | Seller |
| listing_brokerage | Desert Ridge Capital Advisors | Offering memorandum / marketing package | Broker |
| deal_status | MISSING | Offering memorandum / marketing package | Deal status |
| Pricing | |||
| pricing_guidance | $215,000 per unit (illustrative) | Supplied by the operator | Purchase price assumption |
| price_per_unit | $215,000 | Supplied by the operator | Purchase price per unit |
| document_price_per_unit | — | Offering memorandum / marketing package | Pricing guidance (memorandum), for comparison |
| total_price | — | Derived by the pipeline | Purchase price |
| t12_cap_rate | — | Derived by the pipeline | Going-in cap rate (T-12 basis) |
| t3_cap_rate | — | Derived by the pipeline | Going-in cap rate (T-3 basis) |
| broker_proforma_noi | — | Offering memorandum / marketing package | Broker pro forma column |
| Rents | |||
| in_place_rent_avg | $1,457 | Rent roll export | In-place rent |
| market_rent_for_model | $1,345 | Derived by the pipeline | Market rent / unit-mix rent |
| fair_market_value | Available in the internal underwriting agent only | Supplied by the operator | Valuation cross-check |
| Taxes | |||
| tax_rate_as_billed | 1,025.7% | County tax portal | Property tax rate |
| tax_rate_evidence | Vendored county rate table: 10.2573 per $100 of assessed value, tax year 2025 — Tax are… | County tax portal | Reference only — not a model input |
| assessed_value_basis | Available in the internal underwriting agent only | County tax portal | Tax basis |
| assessment_ratio | 10.0% | County tax portal | Tax inputs |
| tax_divisor | 100 | County tax portal | Tax inputs |
| tax_exemption | Available in the internal underwriting agent only | County tax portal | Tax inputs |
| tax_parcel_id | Available in the internal underwriting agent only | County tax portal | Tax evidence |
| tax_area_code | Available in the internal underwriting agent only | County tax portal | Tax evidence |
| tax_basis_label | Limited property value (LPV), per the county assessor | County tax portal | Tax inputs |
| tax_basis_note | Arizona taxes the limited property value, not the price. Under Proposition 117 (Ariz. C… | County tax portal | Tax inputs |
| tax_billed_amount | Available in the internal underwriting agent only | County tax portal | Tax evidence |
| tax_billed_year | Available in the internal underwriting agent only | County tax portal | Tax evidence |
| computed_annual_tax | — | Derived by the pipeline | Property tax expense |
| computed_tax_per_unit | — | Derived by the pipeline | Property tax per unit |
| Closing costs | |||
| closing_state | AZ | Derived by the pipeline | Closing cost assumptions |
| closing_price | $71,810,000 | Derived by the pipeline | Closing cost assumptions |
| loan_amount | — | Supplied by the operator | Debt assumptions |
| transfer_tax_amount | $0 | Derived by the pipeline | Closing costs |
| transfer_tax_rate | No real-estate transfer tax | Derived by the pipeline | Closing costs |
| transfer_tax_citation | Ariz. Const. art. IX, sec. 24 (Prop 100, 2008) | Derived by the pipeline | Reference only — not a model input |
| mortgage_tax_amount | $0 | Derived by the pipeline | Closing costs |
| mortgage_tax_rate | No mortgage or recording tax on the security instrument | Derived by the pipeline | Closing costs |
| mortgage_tax_citation | Ariz. Const. art. IX, sec. 24; A.R.S. 11-475(A)(1) | Derived by the pipeline | Reference only — not a model input |
| Schools | |||
| school_elementary_name | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| school_elementary_rating | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| school_middle_name | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| school_middle_rating | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| school_high_name | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| school_high_rating | Available in the internal underwriting agent only | Public school-rating source | Reference only — not a model input |
| T-12 revenue | |||
| Gross Potential Rent | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Gain / (Loss) to Lease | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Gross Scheduled Rent | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Vacancy | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Concessions | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Non-Revenue Units | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Delinquency | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Utility Reimbursements | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Other Income | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Revenue Adjustments | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| Total Revenue | — | Trailing-twelve-month income statement | Investment analysis — T-12 revenue column |
| T-12 expense | |||
| General and Administrative | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Leasing and Marketing | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Payroll | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Insurance | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Property Taxes | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Legal and Professional | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Management Fee | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Landscaping | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Repairs and Maintenance | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Unit Turns | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Utilities | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| Expense Adjustments | — | Trailing-twelve-month income statement | Investment analysis — T-12 expense column |
| T-12 structure | |||
| month_labels | — | Trailing-twelve-month income statement | T-12 column headers |
| month_order | — | Derived by the pipeline | Reference only — not a model input |
| line_item_label | MARKET RENT (1016) | Trailing-twelve-month income statement | T-12 line item |
| line_item_category | Gross Potential Rent | Derived by the pipeline | T-12 mapping |
| line_item_t12_total | — | Derived by the pipeline | T-12 column |
| line_item_t3_total | — | Derived by the pipeline | T-3 column |
| gross_scheduled_rent | — | Derived by the pipeline | Gross scheduled rent |
| total_revenue | — | Derived by the pipeline | Total revenue |
| total_operating_expenses | — | Derived by the pipeline | Total operating expenses |
| net_operating_income | — | Derived by the pipeline | Net operating income |
| t3_annualized | — | Derived by the pipeline | T-3 annualized column |
| t6_annualized | — | Derived by the pipeline | Trend cross-check |
| t3_trailing_revenue_annualized | — | Derived by the pipeline | Investment analysis — trailing T-3 revenue series |
| statement_guards | — | Derived by the pipeline | Review flags — not a model input |
| expense_per_unit | — | Derived by the pipeline | Per-unit expense check |
| pct_of_revenue | — | Derived by the pipeline | Expense ratio check |
| breakout_top4 | — | Derived by the pipeline | Other-income / utility detail |
| source_subtotal | — | Trailing-twelve-month income statement | Reference only — not a model input |
| error_check_difference | — | Derived by the pipeline | Reference only — not a model input |
| absent_reason | — | Derived by the pipeline | Reference only — not a model input |
| Rent roll — unit | |||
| unit_id | 1001 | Rent roll export | Unit list |
| floor_plan | 3X2B | Rent roll export | Unit mix |
| beds | 3.0 | Rent roll export | Unit mix |
| baths | 2.0 | Rent roll export | Unit mix |
| sqft | 1,444.0 | Rent roll export | Unit mix |
| status | Occupied | Rent roll export | Occupancy |
| lease_start | 2026-06-01 | Rent roll export | Reference only — not a model input |
| move_in | 2019-09-25 | Rent roll export | Turnover |
| lease_type | — | Derived by the pipeline | New-vs-renewal split |
| in_place_rent | $2,258 | Rent roll export | In-place rent |
| rent_per_sf | — | Derived by the pipeline | Rent per square foot |
| Rent roll — plan | |||
| plan_avg_sqft | — | Derived by the pipeline | Unit mix — average SF |
| plan_units | — | Derived by the pipeline | Unit mix — count |
| plan_occupied | — | Derived by the pipeline | Occupancy by plan |
| plan_vacant | — | Derived by the pipeline | Occupancy by plan |
| plan_avg_in_place_rent | — | Derived by the pipeline | In-place rent by plan |
| plan_signed_rent | — | Derived by the pipeline | Leases signed |
| plan_signed_count | — | Derived by the pipeline | Sample size |
| plan_movein_rent | — | Derived by the pipeline | New move-in rent evidence |
| plan_movein_count | — | Derived by the pipeline | Sample size |
| plan_market_rent_for_model | — | Derived by the pipeline | Unit-mix market rent |
| plan_market_rent_basis | — | Derived by the pipeline | Reference only — not a model input |
| Rent roll — totals | |||
| reconciliation_verdict | — | Derived by the pipeline | Gate — the pack is partial until PASS |
| total_units | — | Derived by the pipeline | Unit count cross-check |
| occupied_units | — | Derived by the pipeline | Occupancy |
| vacant_units | — | Derived by the pipeline | Occupancy |
| occupancy | — | Derived by the pipeline | Vacancy assumption |
| vacancy | — | Derived by the pipeline | Vacancy assumption |
| wavg_in_place_rent | — | Derived by the pipeline | In-place rent |
| wavg_market_rent_for_model | — | Derived by the pipeline | Market rent |
| annualized_turnover | — | Derived by the pipeline | Turnover assumption |
| lookback_months | 12 | Supplied by the operator | Reference only — not a model input |
| new_tenant_tolerance_days | 31 | Supplied by the operator | Reference only — not a model input |
| absent_reason | — | Derived by the pipeline | Reference only — not a model input |
| roll_as_of | 2026-08-31 | Rent roll export | Analysis date |
| Trade-out | |||
| cohort | Available in the internal underwriting agent only | Lease trade-out report | New-vs-renewal growth evidence |
| cohort_leases | Available in the internal underwriting agent only | Lease trade-out report | Sample size |
| cohort_prior_rent | Available in the internal underwriting agent only | Lease trade-out report | Prior rent |
| cohort_new_rent_gross | Available in the internal underwriting agent only | Lease trade-out report | Gross trade-out |
| cohort_new_rent_effective | Available in the internal underwriting agent only | Lease trade-out report | Effective trade-out |
| cohort_prior_rent_effective | Available in the internal underwriting agent only | Lease trade-out report | Prior effective rent |
| cohort_gross_change_pct | Available in the internal underwriting agent only | Derived by the pipeline | Rent growth evidence |
| cohort_effective_change_pct | Available in the internal underwriting agent only | Derived by the pipeline | Rent growth evidence |
| absent_reason | Available in the internal underwriting agent only | Derived by the pipeline | Reference only — not a model input |
| Comps | |||
| comp_community | Saltera Apartments | Operator's own weekly rent scrape | Comp set |
| comp_distance_mi | 0.1 | Derived by the pipeline | Comp set |
| comp_floor_plan | 1BR — lowest five of 5 available | Operator's own weekly rent scrape | Comp set |
| comp_tier | 1 | Derived by the pipeline | Comp set |
| comp_year_built | 1984 | Operator's own weekly rent scrape | Comp set |
| comp_year_built_source | Maricopa County, AZ property record, as of 2026-10-05 | Operator's own weekly rent scrape | Reference only — not a model input |
| nearby_community | The Village at Lindsay Park Apartments | Operator's own weekly rent scrape | Market context |
| nearby_address | 1441 S Lindsay Rd, Mesa, AZ 85204-6285 | Operator's own weekly rent scrape | Market context |
| nearby_distance_mi | 0.9 | Derived by the pipeline | Market context |
| nearby_units | 256 — Maricopa County, AZ property record, as of 2026-10-05 | Operator's own weekly rent scrape | Market context |
| nearby_reason | vintage 1997 is 16 years from the subject's 1981, outside the +/-10-year band | Derived by the pipeline | Market context |
| compset_vintage_footnote | Vintage filter: +/-10 years of the subject's year built. | Derived by the pipeline | Reference only — not a model input |
| comp_beds | 1.0 | Operator's own weekly rent scrape | Comp set |
| comp_baths | — | Operator's own weekly rent scrape | Comp set |
| comp_sqft | 688.0 | Operator's own weekly rent scrape | Comp set |
| comp_asking_rent | $1,200 | Operator's own weekly rent scrape | Market rent evidence |
| comp_concession | $0 | Operator's own weekly rent scrape | Concession assumption |
| comp_net_effective_rent | $1,200 | Derived by the pipeline | Market rent evidence |
| comp_asking_psf | — | Derived by the pipeline | Comp set |
| comp_occupancy | — | Operator's own weekly rent scrape | Market context |
| comp_as_of | 2026-09-30 | Operator's own weekly rent scrape | Reference only — not a model input |
| comp_source | own weekly scrape | Operator's own weekly rent scrape | Reference only — not a model input |
| compset_avg_asking | — | Derived by the pipeline | Market rent benchmark |
| compset_avg_net_effective | — | Derived by the pipeline | Market rent benchmark |
| subject_vs_compset_spread | — | Derived by the pipeline | Rent positioning |
| Demand | |||
| demand_ring | 1 mi | Derived by the pipeline | Market summary |
| demand_population | 20,298 | Public demographic data | Market summary |
| demand_households | 7,711 | Public demographic data | Market summary |
| demand_median_income | $79,731 | Public demographic data | Affordability check |
| demand_jobs | 5,237 | Public demographic data | Market summary |
| demand_pop_growth_5yr | -2.0% | Public demographic data | Growth assumption evidence |
| demand_renter_share | 43.4% | Public demographic data | Demand context |
| Supply | |||
| supply_ring | 1 mi | Derived by the pipeline | Competing supply |
| supply_stage | Entitlement | Public permit / entitlement records | Competing supply |
| supply_projects | 2 | Public permit / entitlement records | Competing supply |
| supply_units | 72 | Public permit / entitlement records | Competing supply / absorption |
| supply_ring_total_units | — | Derived by the pipeline | Competing supply |
| supply_pct_of_ring_stock | — | Derived by the pipeline | Supply pressure |
| supply_project_name | Reed Park Residences | Public permit / entitlement records | Competing supply |
| supply_project_miles | 0.9 | Derived by the pipeline | Competing supply |
| supply_project_stage | Entitlement | Public permit / entitlement records | Competing supply |
| supply_project_units | 72 | Public permit / entitlement records | Competing supply / absorption |
| supply_project_product | multifamily | Public permit / entitlement records | Competing supply |
| supply_project_address | — | Public permit / entitlement records | Competing supply |
| supply_project_city | — | Public permit / entitlement records | Competing supply |
| supply_project_acres | 3.2 | Public permit / entitlement records | Competing supply |
| supply_project_developer | — | Public permit / entitlement records | Competing supply |
| supply_project_filed | 2026-07-03 | Public permit / entitlement records | Competing supply |
| supply_project_latest | 2026-07-03 | Public permit / entitlement records | Competing supply |
| supply_project_layers | 1 entries | Public permit / entitlement records | Reference only — not a model input |
| OM comparables | |||
| om_rent_comp_community | — | Offering memorandum / marketing package | Rent comps (broker-stated) |
| om_rent_comp_distance_mi | — | Offering memorandum / marketing package | Rent comps (broker-stated) |
| om_rent_comp_rent | — | Offering memorandum / marketing package | Rent comps (broker-stated) |
| om_sale_comp_property | — | Offering memorandum / marketing package | Sale comps (institutional) |
| om_sale_comp_price | — | Offering memorandum / marketing package | Sale comps (institutional) |
| om_sale_comp_price_per_unit | — | Offering memorandum / marketing package | Sale comps (institutional) |
| om_sale_comp_cap_rate | — | Offering memorandum / marketing package | Sale comps (institutional) |
| om_sale_comp_date | — | Offering memorandum / marketing package | Sale comps (institutional) |
What the public demo leaves to the internal pipeline
The demo is a deliberately reduced copy of the operator's pipeline: a licensed source, a portal login or a web lookup is not something a public page should reach. Each of these reads Available in the internal underwriting agent only wherever it appears, with the reason, instead of reading as a hole the pipeline failed to fill.
| Capability | Why the demo does not produce it | Fields |
|---|---|---|
| School names and ratings | The internal pipeline looks up the attendance-zone elementary, middle and high school and their public ratings; the demo reads a school name only where the memorandum states one and never rates it. | summary.school_ |
| Fair market value | The internal pipeline pulls a market value by web lookup; the demo does not reach the web. | summary.fair_market_value |
| Assessor parcel and bill | The internal pipeline reads the parcel, tax district, assessed value, exemption and billed amount off the county assessor's portal; the demo shows the county's published rate only. | summary.tax_parcel_id, summary.tax_area_code, summary.tax_billed_amount, summary.tax_billed_year, summary.assessed_value_basis, summary.tax_exemption |
| Address resolution | The internal pipeline geocodes the address and records how it resolved; the demo takes the address as the memorandum states it. | summary.address_provenance |
| Lease trade-out | The internal pipeline reads a lease trade-out report (new versus renewal rents); the demo does not ask for one. | trade_out. |
| Licensed community unit counts | A community's own unit count comes from a licensed data export, so the public demo holds it back; where a public record states a count (a county property record, a Florida DBPR apartment licence, a City of Austin permit), that count is shown with its source and as-of. | comps.nearby[].units, comps.rows[].units |
Audit trail
Where every published value came from, and how. 52 of 52 required values carry a stamp (100%); 48 stamps point at a document or a computation and 14 record a value the run could not or does not produce, listed apart below so they do not stand beside the evidence as if they were some. A derived value names the values it was built from — one that could not would not have passed validation. Then the lines actually read, per document, and what the run itself did.
Evidence, value by value
| Value | Source document | Where in it | How | Built from | Supporting quote / note |
|---|---|---|---|---|---|
| comps.nearby | Tracked-community registry, via the market-report service | POST /report (format json) | derived | comps.rows.tier | Every community the service returned that is not a detail row, with the reason. Carried in the interchange file; not shown as a table. |
| comps.rows | Operator's own weekly rent scrape, via the market-report service | POST /report (format json) | read | — | Own weekly scrape; asking and net effective stated separately. |
| comps.rows.tier | Tracked-community registry, via the market-report service | comp_tiers.assign | derived | comps.rows.distance_mi, comps.tiering.subject_product, comps.tiering.subject_year_built, comps.tiering.year_band, comps.tiering.top_n, comps.tiering.additional_n | Closest same-product communities first, within the vintage band where the registry carries a year built; an unknown year keeps the community and says so. |
| demand.rings | Public demographic data (the operator's ring engine), via the market-report service | POST /report (format json) | read | — | Ring demographics. |
| demand.zip_home | Zillow ZHVI home values (vendored static table, undated), via the market-report service | POST /report (format json) | read | — | ZIP and metro home values from the vendored Zillow ZHVI table; static, undated. |
| om_comps.rent | Sample Property Offering Memorandum.pdf | p.20 | read | — | 4 rent comparable(s) the memorandum states; every figure verified inside its own quote. |
| pricing.price_per_unit | Illustrative price | — | read | — | Per-unit price chosen for the sample, inside the sale-price band; every cap rate and pricing ladder is computed from it. |
| pricing.unit_count | Sample Property RR 8.4.26.xlsx | — | derived | summary.unit_count | The same count the summary carries, counted from the rows of the uploaded rent roll. |
| rent_roll.as_of | Sample Property RR 8.4.26.xlsx | as-of line | read | — | Read as the end of the period the roll's own header states. |
| rent_roll.units | Sample Property RR 8.4.26.xlsx | roll | read | — | Read from the uploaded rent roll. |
| summary.address_provenance | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.assessment_ratio | Vendored county rate table | property_tax_table.STATE_RULES['AZ'] | read | — | 10% — legal class 4.2, residential rental. A.R.S. sec. 42-15003 (class four assessed at 10%); A.R.S. sec. 42-12004 (class four includes residential rental property). |
| summary.city | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.county | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.deal_name | Illustrative name | — | read | — | An illustrative name for the public sample. The real asset's name is withheld; the memorandum's own name for it does not appear anywhere in this set. |
| summary.in_place_rent_avg | Sample Property RR 8.4.26.xlsx | — | derived | rent_roll.units | Unit-weighted across the uploaded roll. |
| summary.listing_brokerage | Illustrative name | — | read | — | An illustrative name. The real party is withheld from the public sample. |
| summary.market_rent_for_model | Sample Property RR 8.4.26.xlsx | — | derived | rent_roll.units | Unit-weighted across the uploaded roll. |
| summary.msa | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.pricing_guidance | Illustrative price | — | read | — | Every price and cap rate below is illustrative. The per-unit price is a round number chosen for the sample inside the band a real per-unit sale price occupies; it is not a quote, an offer, or a broker's guidance. |
| summary.product_detail | Sample Property Offering Memorandum.pdf | p.3 | read | — | the property offers a diversified mix of one-, two-, and three-bedroom residences averaging 856 square feet |
| summary.product_type | Sample Property Offering Memorandum.pdf | p.3 | read | — | Stated in the memorandum; withheld from the public sample because it identifies the real asset. |
| summary.school_elementary_name | Internal underwriting agent — attendance-zone school lookup | 2151 E Southern Ave, Mesa, AZ 85204 on 2026-09-14 | read | — | Looked up for the illustrative address by the internal underwriting agent; the public demo does not run this on an uploaded deal. |
| summary.school_high_name | Internal underwriting agent — attendance-zone school lookup | 2151 E Southern Ave, Mesa, AZ 85204 on 2026-09-14 | read | — | Looked up for the illustrative address by the internal underwriting agent; the public demo does not run this on an uploaded deal. |
| summary.school_middle_name | Internal underwriting agent — attendance-zone school lookup | 2151 E Southern Ave, Mesa, AZ 85204 on 2026-09-14 | read | — | Looked up for the illustrative address by the internal underwriting agent; the public demo does not run this on an uploaded deal. |
| summary.seller_entity | Illustrative name | — | read | — | An illustrative name. The real party is withheld from the public sample. |
| summary.state | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.street_address | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| summary.structure | Sample Property Offering Memorandum.pdf | p.10 | read | — | Number of Stories 1 & 2 |
| summary.tax_basis_label | Vendored county rate table | property_tax_table.STATE_RULES['AZ'] | read | — | What the assessed basis is in this state. |
| summary.tax_basis_note | Vendored county rate table | property_tax_table.STATE_RULES['AZ'] | read | — | How the basis behaves on a sale, with the authority. |
| summary.tax_billed_amount | Sample Property Offering Memorandum.pdf | p.10 | read | — | 2025 Property Tax $249,122 |
| summary.tax_billed_year | Sample Property Offering Memorandum.pdf | p.10 | read | — | 2025 Property Tax $249,122 |
| summary.tax_divisor | Vendored county rate table | property_tax_table.STATE_RULES['AZ'] | read | — | The rate's unit in Arizona: per $100 of assessed value. |
| summary.tax_parcel_id | Sample Property Offering Memorandum.pdf | p.10 | read | — | Tax Parcel Number 301-04-002K |
| summary.tax_per_unit_flag | Vendored county rate table | property_tax_table.band_check | derived | summary.tax_statement_amount, summary.unit_count, summary.state | A sanity check against the state's typical per-unit range. It flags; it never changes a figure. |
| summary.tax_rate_as_billed | Vendored county rate table | property_tax_table.COUNTY_RATES[('AZ', 'maricopa')] | read | — | Tax area code 971300 — City of Phoenix / Deer Valley Unified School District #97, tax year 2025. Maricopa County, '2025 Tax Rates, Maricopa County, Arizona' (the treasurer's rate table by tax area code), row 971300: primary 6.7007, approx residential primary 5.1401, secondary 3.5566. Verified 2026-09-04. |
| summary.tax_rate_evidence | Vendored county rate table | property_tax_table.evidence_text | derived | summary.state, summary.county, summary.tax_parcel_id, summary.tax_billed_amount, summary.tax_billed_year | The citation, tax year and jurisdiction stack behind the rate, or the honest note that none is on file. Also records what the uploaded document stated for the field(s) it cites. |
| summary.tax_rate_year | Vendored county rate table | property_tax_table.COUNTY_RATES[('AZ', 'maricopa')] | read | — | The tax year of the rate on file. A bill from another year is displayed, not tied out. |
| summary.tax_statement_amount | Sample Property T-12 June 26.xlsx | Property Taxes lines | computed | t12.rows | The statement's lines categorised as Property Taxes, summed over its twelve months. As billed in the statement, not the county's bill. |
| summary.unit_count | Sample Property RR 8.4.26.xlsx | — | derived | rent_roll.units | Counted from the rows of the uploaded rent roll. |
| summary.year_built | Sample Property Offering Memorandum.pdf | p.10 | read | — | Y ear Built 1981 |
| summary.zip | Illustrative address | — | read | — | Illustrative address — not the asset's real location. The market tabs were pulled for this address on 2026-10-06. |
| supply.projects | Public permit and entitlement records (the operator's supply pipeline), via the market-report service | POST /report (format json) | derived | supply.rings | The developments the counts are made of, within 3 mi: one row per development, reconciled across the pipeline's lifecycle layers and shown at the furthest stage any layer carries. |
| supply.rings | Public permit and entitlement records (the operator's supply pipeline), via the market-report service | POST /report (format json) | read | — | Projects and units by cumulative ring and tracked stage, counted from the service's project rows. |
| t12.month_labels | Sample Property T-12 June 26.xlsx | statement | read | — | Read from the uploaded statement. |
| t12.source_subtotals | Sample Property T-12 June 26.xlsx | header block | read | — | — |
| t12.units | Sample Property T-12 June 26.xlsx | statement | read | — | Read from the uploaded statement. |
Values this run does not carry, and why
A MISSING value with its reason. Available in the internal underwriting agent only means the operator's pipeline produces it and the public demo deliberately does not; the other reasons name what the uploaded documents did not state or what the run did not do.
| Reason | Values | Which | Detail |
|---|---|---|---|
| Not run in the upload demo | 2 | closing_costs.mortgage_tax.amount, closing_costs.transfer_tax.amount | Not run in the upload demo. This section needs data sources the demo does not reach, so it is left empty rather than filled with placeholders. |
| Internal pipeline only — Licensed community unit counts | 2 | comps.nearby[].units, comps.rows[].units | A community's own unit count comes from a licensed data export, so the public demo holds it back; where a public record states a count (a county property record, a Florida DBPR apartment licence, a City of Austin permit), that count is shown with its source and as-of. |
| Not stated in the uploaded documents | 5 | rent_roll.lookback_months, rent_roll.new_tenant_tolerance_days, summary.construction_status, summary.deal_status, summary.delivery_date | No uploaded document stated this, so the value reads MISSING. Nothing was assumed to fill it. · This demo's default of 12 — the months of lease history the turnover figures look back over. No uploaded document or note set it. · This demo's default of 31 — the days a lease start may sit from a move-in and still count as the same event. No uploaded document or note set it. |
| Internal pipeline only — Assessor parcel and bill | 3 | summary.assessed_value_basis, summary.tax_area_code, summary.tax_exemption | See parcel: read off the county assessor's portal by the internal pipeline only. |
| Internal pipeline only — Fair market value | 1 | summary.fair_market_value | The internal pipeline pulls a market value by web lookup; the demo does not reach the web. |
| Internal pipeline only — Lease trade-out | 1 | trade_out.rows | The internal pipeline reads a lease trade-out report (new versus renewal rents); the demo does not ask for one. |
Statement lines read (130)
Every line of the trailing-twelve statement, the category it was placed under, and its twelve-month total. A line without a category is a subtotal or a memo line the P&L does not sum.
| Statement line | Category | 12-month total |
|---|---|---|
| MARKET RENT (1016) | Gross Potential Rent | $5,827,604 |
| LOSS/GAIN TO LEASE (1017) | Gain / (Loss) to Lease | $249,595 |
| VACANCY (1020) | Vacancy | ($422,400) |
| MANAGEMENT OFFICE/MODEL (1030) | Non-Revenue Units | ($14,982) |
| STAFF UNITS (1040) | Non-Revenue Units | ($3,413) |
| ONE-TIME CONCESSION (1052) | Concessions | ($116,906) |
| VALET TRASH REIMBURSEMENTS (3001) | Utility Reimbursements | $92,098 |
| LATE CHARGES (3011) | Other Income | $52,406 |
| NSF FEE (3012) | Other Income | $1,210 |
| APPLICATION FEES (3030) | Other Income | $18,081 |
| ADMINISTRATIVE FEE (3036) | Other Income | $25,806 |
| TENANT DAMAGE REIMBURSEMENT (3040) | Other Income | $64,769 |
| UTILITIES RECOVERY (3050) | Utility Reimbursements | $6,319 |
| FEE CONCESSION (3053) | Concessions | $0 |
| VENDING INCOME (3060) | Other Income | $239 |
| CABLE INCOME (3066) | Other Income | $16,880 |
| LAUNDRY INCOME (3070) | Other Income | $17,628 |
| COURT COST REIMBURSEMENT (3080) | Other Income | $42,645 |
| BAD DEBT WRITE-OFF - OTHER (3086) | Delinquency | ($191,607) |
| TERMINATION FEE (3112) | Other Income | $115,089 |
| CONCIERGE SERVICES INCOME (3117) | Other Income | $20,115 |
| PET FEES (3118) | Other Income | $7,040 |
| PET RENT (3119) | Other Income | $27,043 |
| PEST CONTROL FEES (3121) | Other Income | $7,915 |
| DEPOSIT WAIVER INCOME (3156) | Other Income | $16,973 |
| DEPOSIT WAIVER EXPENSE (3157) | Other Income | ($6,411) |
| RENTER'S INSURANCE INCOME (3175) | Other Income | $63,100 |
| RENTER'S INSURANCE EXPENSE (3176) | Other Income | ($55,891) |
| TRANSFER FEE (3179) | Other Income | $2,475 |
| MISCELLANEOUS INCOME (3180) | Other Income | $3,266 |
| UTILITY FEE REIMBURSEMENT (3183) | Utility Reimbursements | $14,581 |
| WATER/SEWER REIMBURSEMENT (3186) | Utility Reimbursements | $209,956 |
| TRASH REIMBURSEMENT (3187) | Utility Reimbursements | $48,981 |
| SALES TAX COLLECTED (3192) | Other Income | $22 |
| OTHER REIMBURSEMENTS (3198) | Other Income | ($192) |
| BAD DEBT DEPOSIT WAIVER FEE (3081) | Delinquency | $28,923 |
| BAD DEBT WRITE-OFF (3084) | Delinquency | ($76,525) |
| BAD DEBT- ALLOWANCE FOR DOUBTFUL ACCOUNTS (3085) | Delinquency | $286 |
| BAD DEBT COLLECTED - DEPOSIT ALTERNATIVE CLAIMS (3087) | Delinquency | $61,573 |
| BAD DEBT COLLECTED - IN HOUSE (3088) | Delinquency | $2,248 |
| BAD DEBT COLLECTED - COLLECTION AGENCY (3089) | Delinquency | $2,000 |
| BAD DEBT ADJUSTMENTS (3091) | Delinquency | $8,121 |
| PROMOTIONAL MATERIALS (5010) | Leasing and Marketing | $830 |
| MARKETING COLLATERAL (5020) | Leasing and Marketing | $785 |
| ONLINE ADVERTISING (5070) | Leasing and Marketing | $65,268 |
| SPECIALTY MARKETING (5090) | Leasing and Marketing | $2,924 |
| MARKETING PERFORMANCE MEASUREMENT (MPM) & LEAD MGM (5099) | Leasing and Marketing | $8,520 |
| COMMUNITY FUNCTIONS (5120) | Leasing and Marketing | $2,339 |
| TENANT REFERRAL FEES (5160) | Leasing and Marketing | $190 |
| OFFICE SUPPLIES (5410) | General and Administrative | $1,889 |
| TRAINING/SEMINARS (5430) | General and Administrative | $2,108 |
| OFFICE EQUIP/LEASE/PURCHASE (5440) | General and Administrative | $208 |
| CAREER APPAREL (5455) | General and Administrative | $1,077 |
| TRAVEL (5460) | General and Administrative | $3,895 |
| DUES/SUBSCRIPTIONS (5470) | General and Administrative | $6,137 |
| BLUE MOON LICENSE (5475) | General and Administrative | ($1,523) |
| CREDIT REPORTS (5480) | General and Administrative | $15,310 |
| LEGAL EXPENSE (5510) | Legal and Professional | $32,785 |
| MRI FEES (5515) | General and Administrative | $11,124 |
| LRO FEES (5525) | General and Administrative | $6,503 |
| TELEPHONE - LOCAL LINES (5530) | General and Administrative | $6,949 |
| HIGH SPEED INTERNET (5531) | General and Administrative | $6,620 |
| ANSWERING SERVICE (5535) | General and Administrative | $1,083 |
| MISCELLANEOUS (5550) | General and Administrative | $42 |
| TECHNOLOGY COSTS (5590) | General and Administrative | $32,190 |
| MANAGEMENT FEES (5700) | Management Fee | $147,690 |
| MANAGEMENT FEE - OTHER (5740) | Management Fee | $7,182 |
| PROPERTY MANAGER/ADMINISTRATOR (5810) | Payroll | $83,796 |
| OFFICE OVERTIME (5815) | Payroll | $3,878 |
| ASSISTANT MGR/LEASING AGENT (5820) | Payroll | $132,448 |
| MAINTENANCE/ENGINEER/SUPERVISOR (5830) | Payroll | $61,646 |
| MAINTENANCE OVERTIME (5835) | Payroll | $29,847 |
| MAINTENANCE PAYROLL (5840) | Payroll | $102,180 |
| TEMPORARY EMPLOYMENT (5855) | Payroll | $5,155 |
| LEASING BONUSES (5860) | Payroll | $59,533 |
| FRINGE BENEFITS (5870) | Payroll | $48,230 |
| WORKERS COMP INSURANCE (5875) | Payroll | $9,479 |
| PAYROLL TAXES (5880) | Payroll | $35,645 |
| RECRUITING EXPENSE (5882) | Payroll | $449 |
| PAYROLL PROCESSING (5885) | Payroll | $2,720 |
| GROUNDS (6010) | Landscaping | $64,566 |
| SECURITY (6030) | Repairs and Maintenance | $18,918 |
| SECURITY SYSTEM ACCESS MONITORING (6031) | Repairs and Maintenance | $1,726 |
| FIRE PUMP TESTING (6035) | Repairs and Maintenance | $2,297 |
| CLEANING - COMMON (6040) | Repairs and Maintenance | $6,650 |
| UNIT CLEANS - TURN (6041) | Unit Turns | $34,008 |
| PLUMBING (6060) | Repairs and Maintenance | $25,707 |
| ELECTRICAL (6070) | Repairs and Maintenance | $16,181 |
| BUILDING EXTERIORS (6100) | Repairs and Maintenance | $10,201 |
| R&M PRESSURE WASHING (6105) | Repairs and Maintenance | $624 |
| ROOF (6130) | Repairs and Maintenance | $784 |
| GLASS (6140) | Repairs and Maintenance | $2,793 |
| CARPET REPAIR/CLEANING - TURN (6160) | Unit Turns | $18,271 |
| CARPET REPAIR/CLEANING - OCCUPIED (6161) | Repairs and Maintenance | $694 |
| EXTERMINATING CONTRACT (6190) | Repairs and Maintenance | $30,093 |
| INTERIOR PAINT - TURN (6200) | Unit Turns | $45,215 |
| HVAC REPAIRS (6220) | Repairs and Maintenance | $25,405 |
| EQUIPMENT REPAIRS (6290) | Repairs and Maintenance | $10,277 |
| UNIT TURNS (6300) | Unit Turns | $4,581 |
| LOCKS & KEYS (6310) | Repairs and Maintenance | $42 |
| GROUND SUPPLIES (6510) | Landscaping | $1,827 |
| POOL SUPPLIES (6520) | Repairs and Maintenance | $7,070 |
| JANITORIAL SUPPLIES (6540) | Repairs and Maintenance | $4,245 |
| GATE/PARKING REPAIRS (6550) | Repairs and Maintenance | $1,616 |
| ELECTRICAL SUPPLIES (6560) | Repairs and Maintenance | $4,442 |
| PLUMBING SUPPLIES (6570) | Repairs and Maintenance | $8,472 |
| BUILDING REPAIRS (6610) | Repairs and Maintenance | $1,759 |
| SCREENS (6640) | Repairs and Maintenance | $143 |
| GLASS (6660) | Repairs and Maintenance | $152 |
| BLDG. INTERIOR MAINT. (6670) | Repairs and Maintenance | $0 |
| INTERIOR PAINT SUPPLIES - TURN (6700) | Unit Turns | $14,023 |
| FILTERS (6720) | Repairs and Maintenance | $1,181 |
| HVAC PARTS (6730) | Repairs and Maintenance | $4,231 |
| APPLIANCE PARTS (6760) | Repairs and Maintenance | $4,721 |
| HARDWARE (6770) | Repairs and Maintenance | $188 |
| TOOLS & EQUIPMENT (6830) | Repairs and Maintenance | $612 |
| UNIFORMS (6870) | General and Administrative | $639 |
| GAS (7010) | Utilities | $4,897 |
| TRASH REMOVAL (7025) | Utilities | $57,099 |
| VALET TRASH (7026) | Utilities | $37,188 |
| ELECTRICITY - COMMON AREA (7030) | Utilities | $22,331 |
| ELECTRICITY - VACANT (7040) | Utilities | $14,604 |
| RECOVERABLE ELEC/GAS/WATER (7050) | Utilities | $4,049 |
| WATER (7060) | Utilities | $102,297 |
| SEWAGE (7070) | Utilities | $84,050 |
| UTILITY BILLING EXPENSE (7075) | Utilities | $10,648 |
| REAL ESTATE TAXES (7110) | Property Taxes | $239,567 |
| LICENSES & FEES (7130) | General and Administrative | $1,543 |
| LIABILITY INSURANCE (7210) | Insurance | $71,410 |
| PROPERTY INSURANCE (7220) | Insurance | $93,740 |
Rent-roll units read (334)
Unit identifiers only — there is no tenant-name column in the schema. The source row is the row of the uploaded roll the unit was read from.
| Unit | Plan | Status | In-place rent | Lease start | Source row |
|---|---|---|---|---|---|
| 1001 | 3X2B | Occupied | $2,258 | 2026-06-01 | 4 |
| 1002 | 3X2B | Occupied | $2,265 | 2024-12-30 | 5 |
| 1003 | 2X2R | Non-revenue | — | 2025-12-01 | 6 |
| 1004 | 2X2 | Non-revenue | — | — | 7 |
| 1005 | 1X1 | Occupied | $1,181 | 2025-09-18 | 8 |
| 1006 | 1X1R | Occupied | $1,265 | 2026-06-09 | 9 |
| 1007 | 1X1 | Occupied | $1,108 | 2026-05-01 | 10 |
| 1008 | 1X1R | Occupied | $1,450 | 2026-01-02 | 11 |
| 1009 | 1X1R | Occupied | $1,176 | 2026-06-22 | 12 |
| 1010 | 1X1 | Occupied | $1,153 | 2026-04-01 | 13 |
| 1011 | 1X1 | Occupied | $1,276 | 2026-07-01 | 14 |
| 1012 | 1X1 | Occupied | $1,163 | 2026-07-01 | 15 |
| 1013 | 2X2 | Occupied | $1,569 | 2026-03-17 | 16 |
| 1014 | 2X2R | Occupied | $1,528 | 2025-08-10 | 17 |
| 1015 | 2X2 | Occupied | $2,161 | 2026-05-01 | 18 |
| 1016 | 2X2R | Occupied | $1,433 | 2025-10-30 | 19 |
| 1017 | 2X2 | Occupied | $1,586 | 2026-07-29 | 20 |
| 1018 | 2X2 | Occupied | $1,995 | 2026-07-18 | 21 |
| 1019 | 2X2R | Occupied | $1,606 | 2025-11-27 | 22 |
| 1020 | 2X2 | Occupied | $1,535 | 2026-07-01 | 23 |
| 1021 | 2X1 | Occupied | $1,746 | 2026-07-22 | 24 |
| 1022 | 2X1R | Occupied | $1,388 | 2025-09-30 | 25 |
| 1023 | 2X1R | Occupied | $1,250 | 2026-04-09 | 26 |
| 1024 | 2X1R | Occupied | $1,297 | 2025-11-20 | 27 |
| 1025 | 2X2 | Occupied | $1,570 | 2026-07-30 | 28 |
| 1026 | 2X2 | Occupied | $1,491 | 2025-12-04 | 29 |
| 1027 | 2X2R | Occupied | $1,307 | 2026-02-28 | 30 |
| 1028 | 2X2R | Occupied | $1,870 | 2026-06-30 | 31 |
| 1029 | 1X1 | Occupied | $1,239 | 2025-08-11 | 32 |
| 1030 | 1X1R | Occupied | $1,653 | 2026-07-31 | 33 |
| 1031 | 1X1R | Occupied | $1,296 | 2026-02-28 | 34 |
| 1032 | 1X1 | Occupied | $1,347 | 2026-07-01 | 35 |
| 1033 | 1X1R | Occupied | $1,176 | 2026-07-03 | 36 |
| 1034 | 1X1R | Occupied | $1,255 | 2025-07-11 | 37 |
| 1035 | 1X1 | Occupied | $1,244 | 2025-09-01 | 38 |
| 1036 | 1X1 | Occupied | $1,302 | 2026-04-19 | 39 |
| 1037 | 1X1 | Occupied | $1,250 | 2026-03-17 | 40 |
| 1038 | 1X1R | Occupied | $1,219 | 2026-03-01 | 41 |
| 1039 | 1X1 | Occupied | $1,197 | 2026-04-15 | 42 |
| 1040 | 1X1 | Occupied | $1,213 | 2025-11-01 | 43 |
| 1041 | 1X1 | Occupied | $1,224 | 2026-03-01 | 44 |
| 1042 | 1X1R | Occupied | $1,250 | 2026-07-03 | 45 |
| 1043 | 1X1 | Occupied | $1,512 | 2026-07-01 | 46 |
| 1044 | 1X1 | Occupied | $1,470 | 2025-09-01 | 47 |
| 1045 | 2X2 | Occupied | $1,822 | 2025-07-17 | 48 |
| 1046 | 2X2 | Occupied | $1,564 | 2026-06-13 | 49 |
| 1047 | 2X2 | Occupied | $1,752 | 2026-05-30 | 50 |
| 1048 | 2X2R | Occupied | $1,370 | 2026-04-09 | 51 |
| 1049 | 1X1R | Vacant | — | — | 52 |
| 1050 | 1X1 | Occupied | $1,307 | 2025-11-09 | 53 |
| 1051 | 1X1 | Occupied | $1,166 | 2025-09-04 | 54 |
| 1052 | 1X1R | Occupied | $1,192 | 2026-03-29 | 55 |
| 1053 | 1X1 | Occupied | $1,367 | 2025-09-14 | 56 |
| 1054 | 1X1 | Occupied | $1,281 | 2025-12-18 | 57 |
| 1055 | 1X1R | Occupied | $1,124 | 2025-10-14 | 58 |
| 1056 | 1X1R | Occupied | $1,171 | 2026-01-21 | 59 |
| 1057 | 1X1R | Occupied | $1,363 | 2025-11-27 | 60 |
| 1058 | 1X1R | Occupied | $1,413 | 2025-09-06 | 61 |
| 1059 | 1X1R | Occupied | $1,234 | 2026-01-14 | 62 |
| 1060 | 1X1 | Occupied | $1,218 | 2025-08-20 | 64 |
| 1061 | 1X1R | Occupied | $1,530 | 2026-07-14 | 65 |
| 1062 | 1X1R | Occupied | $1,197 | 2026-01-21 | 66 |
| 1063 | 1X1R | Occupied | $1,539 | 2026-03-01 | 67 |
| 1064 | 1X1 | Vacant | — | — | 68 |
| 1065 | 2X2R | Occupied | $1,500 | 2026-07-26 | 69 |
| 1066 | 2X2R | Occupied | $1,522 | 2026-01-24 | 70 |
| 1067 | 2X2R | Occupied | $1,668 | 2026-02-02 | 71 |
| 1068 | 2X2 | Occupied | $1,507 | 2025-11-26 | 72 |
| 1069 | 2X2R | Occupied | $1,875 | 2026-07-30 | 73 |
| 1070 | 2X2R | Occupied | $1,518 | 2026-07-15 | 74 |
| 1071 | 2X2R | Vacant | — | — | 75 |
| 1072 | 2X2 | Occupied | $1,586 | 2026-06-14 | 76 |
| 1073 | 2X2R | Occupied | $1,586 | 2026-07-01 | 77 |
| 1074 | 2X2 | Vacant | — | — | 78 |
| 1075 | 2X2 | Occupied | $1,517 | 2026-06-24 | 79 |
| 1076 | 2X2 | Occupied | $1,748 | 2026-01-17 | 80 |
| 1077 | 2X2 | Occupied | $2,397 | 2026-07-23 | 82 |
| 1078 | 2X2 | Occupied | $1,522 | 2026-04-23 | 83 |
| 1079 | 3X2AR | Occupied | $1,998 | 2025-11-22 | 84 |
| 1080 | 3X2A | Occupied | $1,911 | 2025-11-27 | 85 |
| 1081 | 3X2AR | Occupied | $2,021 | 2026-06-30 | 86 |
| 1082 | 3X2AR | Occupied | $1,964 | 2025-11-01 | 87 |
| 1083 | 3X2A | Occupied | $1,785 | 2026-02-18 | 88 |
| 1084 | 3X2AR | Occupied | $2,110 | 2025-09-18 | 89 |
| 1085 | 2X2 | Occupied | $2,024 | 2025-10-25 | 90 |
| 1086 | 2X2R | Occupied | $1,619 | 2025-10-30 | 91 |
| 1087 | 2X2 | Occupied | $1,508 | 2026-07-20 | 92 |
| 1088 | 2X2 | Occupied | $1,601 | 2025-09-30 | 93 |
| 1089 | 2X1 | Occupied | $1,360 | 2026-02-24 | 94 |
| 1090 | 2X1R | Occupied | $1,408 | 2026-05-01 | 95 |
| 1091 | 2X1R | Occupied | $1,412 | 2026-02-11 | 96 |
| 1092 | 2X1R | Occupied | $1,438 | 2025-09-16 | 97 |
| 1093 | 2X1R | Occupied | $1,349 | 2026-06-16 | 98 |
| 1094 | 2X1R | Occupied | $1,912 | 2025-10-01 | 99 |
| 1095 | 2X1R | Occupied | $1,250 | 2026-03-07 | 100 |
| 1096 | 2X1 | Occupied | $1,228 | 2026-04-12 | 101 |
| 1097 | 2X2 | Occupied | $1,745 | 2026-07-16 | 102 |
| 1098 | 2X2R | Occupied | $1,570 | 2026-03-03 | 103 |
| 1099 | 2X2 | Occupied | $1,628 | 2025-09-28 | 104 |
| 1100 | 2X2R | Occupied | $1,470 | 2026-05-16 | 105 |
| 1101 | 2X2R | Occupied | $1,465 | 2026-05-12 | 106 |
| 1102 | 2X2 | Occupied | $1,570 | 2026-07-10 | 107 |
| 1103 | 2X2 | Occupied | $1,528 | 2026-04-08 | 108 |
| 1104 | 2X2 | Occupied | $2,067 | 2026-07-12 | 110 |
| 1105 | 2X1 | Occupied | $1,995 | 2026-07-17 | 111 |
| 1106 | 2X1R | Occupied | $1,423 | 2025-09-18 | 112 |
| 1107 | 2X1R | Occupied | $1,250 | 2026-03-22 | 113 |
| 1108 | 2X1R | Occupied | $1,644 | 2026-07-14 | 114 |
| 1109 | 2X2 | Occupied | $1,454 | 2026-05-19 | 115 |
| 1110 | 2X2R | Occupied | $1,449 | 2026-06-11 | 116 |
| 1111 | 2X2R | Occupied | $1,449 | 2026-06-24 | 117 |
| 1112 | 2X2 | Occupied | $1,628 | 2025-08-05 | 118 |
| 1113 | 2X1 | Occupied | $1,570 | 2026-01-06 | 119 |
| 1114 | 2X1 | Occupied | $1,774 | 2025-10-01 | 120 |
| 1115 | 2X1 | Occupied | $1,460 | 2026-01-26 | 121 |
| 1116 | 2X1 | Occupied | $1,586 | 2026-07-17 | 122 |
| 1117 | 1X1R | Occupied | $1,213 | 2025-12-14 | 123 |
| 1118 | 1X1R | Occupied | $1,176 | 2025-10-15 | 124 |
| 1119 | 1X1 | Occupied | $1,253 | 2026-05-27 | 125 |
| 1120 | 1X1 | Occupied | $1,134 | 2026-01-02 | 126 |
| 1121 | 2X1R | Vacant | — | — | 127 |
| 1122 | 2X1 | Occupied | $1,328 | 2026-01-02 | 128 |
| 1123 | 2X1 | Occupied | $1,433 | 2026-03-23 | 129 |
| 1124 | 2X1 | Occupied | $1,471 | 2026-06-05 | 130 |
| 1125 | 1X1R | Occupied | $1,197 | 2026-05-01 | 131 |
| 1126 | 1X1 | Occupied | $1,202 | 2026-03-20 | 132 |
| 1127 | 1X1 | Occupied | $1,438 | 2025-07-12 | 133 |
| 1128 | 1X1R | Occupied | $1,442 | 2025-09-24 | 134 |
| 1129 | 2X1R | Vacant | — | — | 135 |
| 1130 | 2X1 | Occupied | $1,328 | 2025-12-24 | 136 |
| 1131 | 2X1R | Occupied | $1,250 | 2026-02-23 | 137 |
| 1132 | 2X1R | Occupied | $1,360 | 2026-01-20 | 138 |
| 1133 | 1X1R | Occupied | $1,150 | 2026-04-04 | 139 |
| 1134 | 1X1 | Occupied | $1,354 | 2026-06-15 | 140 |
| 1135 | 1X1 | Occupied | $1,260 | 2026-04-07 | 141 |
| 1136 | 1X1R | Occupied | $1,097 | 2026-04-12 | 142 |
| 1137 | 1X1 | Occupied | $1,263 | 2026-04-17 | 143 |
| 1138 | 1X1 | Occupied | $1,200 | 2026-06-30 | 144 |
| 1139 | 1X1R | Occupied | $1,134 | 2026-05-08 | 145 |
| 1140 | 1X1 | Occupied | $1,331 | 2026-06-25 | 146 |
| 1141 | 1X1R | Occupied | $1,113 | 2026-03-24 | 147 |
| 1142 | 1X1R | Occupied | $1,743 | 2026-07-04 | 148 |
| 1143 | 1X1 | Occupied | $1,484 | 2026-02-15 | 149 |
| 1144 | 1X1R | Occupied | $1,351 | 2025-11-27 | 150 |
| 1145 | 1X1 | Occupied | $1,286 | 2025-12-31 | 151 |
| 1146 | 1X1R | Occupied | $1,555 | 2026-07-11 | 153 |
| 1147 | 1X1 | Occupied | $1,346 | 2025-10-15 | 154 |
| 1148 | 1X1 | Occupied | $1,197 | 2026-05-29 | 155 |
| 1149 | 1X1R | Occupied | $1,244 | 2026-06-21 | 156 |
| 1150 | 1X1 | Occupied | $1,224 | 2025-12-08 | 157 |
| 1151 | 1X1 | Occupied | $1,522 | 2026-07-01 | 158 |
| 1152 | 1X1 | Occupied | $1,289 | 2026-05-03 | 159 |
| 1153 | 1X1R | Occupied | $1,284 | 2026-04-24 | 160 |
| 1154 | 1X1R | Occupied | $1,260 | 2026-01-01 | 161 |
| 1155 | 1X1 | Occupied | $1,197 | 2025-09-18 | 162 |
| 1156 | 1X1R | Occupied | $1,208 | 2026-01-17 | 163 |
| 1157 | 1X1R | Occupied | $1,354 | 2026-01-06 | 164 |
| 1158 | 1X1R | Occupied | $1,181 | 2026-04-30 | 165 |
| 1159 | 1X1 | Occupied | $1,181 | 2025-09-11 | 166 |
| 1160 | 1X1 | Occupied | $1,489 | 2026-01-01 | 167 |
| 1161 | 1X1R | Occupied | $1,286 | 2025-08-06 | 168 |
| 1162 | 1X1R | Occupied | $1,124 | 2025-08-17 | 169 |
| 1163 | 1X1 | Occupied | $1,193 | 2026-05-30 | 170 |
| 1164 | 1X1 | Occupied | $1,181 | 2025-09-15 | 171 |
| 1165 | 3X2B | Vacant | — | — | 172 |
| 1166 | 3X2BR | Occupied | $2,453 | 2026-03-25 | 173 |
| 1167 | 2X2 | Occupied | $1,748 | 2025-09-23 | 174 |
| 1168 | 2X2R | Occupied | $1,521 | 2025-08-10 | 175 |
| 1169 | 3X2BR | Occupied | $2,123 | 2026-05-25 | 176 |
| 1170 | 3X2B | Occupied | $1,948 | 2026-03-04 | 177 |
| 2003 | 2X2 | Non-revenue | — | — | 178 |
| 2004 | 2X2R | Non-revenue | — | — | 179 |
| 2005 | 1X1 | Occupied | $1,292 | 2026-01-24 | 180 |
| 2006 | 1X1 | Occupied | $1,265 | 2026-01-15 | 181 |
| 2007 | 1X1R | Occupied | $1,571 | 2026-05-24 | 182 |
| 2008 | 1X1R | Occupied | $1,334 | 2026-07-10 | 183 |
| 2009 | 1X1 | Occupied | $1,292 | 2026-05-16 | 184 |
| 2010 | 1X1 | Occupied | $1,539 | 2025-08-01 | 185 |
| 2011 | 1X1 | Occupied | $1,134 | 2025-12-24 | 186 |
| 2012 | 1X1 | Occupied | $1,407 | 2025-08-28 | 187 |
| 2013 | 2X2 | Occupied | $1,496 | 2025-11-24 | 188 |
| 2014 | 2X2R | Occupied | $1,793 | 2026-04-13 | 189 |
| 2015 | 2X2 | Occupied | $1,683 | 2026-07-01 | 190 |
| 2016 | 2X2R | Occupied | $1,877 | 2026-07-05 | 191 |
| 2017 | 2X2 | Occupied | $1,638 | 2025-08-18 | 192 |
| 2018 | 2X2R | Occupied | $1,423 | 2025-11-30 | 193 |
| 2019 | 2X2 | Occupied | $1,623 | 2026-04-27 | 194 |
| 2020 | 2X2 | Occupied | $1,470 | 2026-04-05 | 195 |
| 2021 | 2X1 | Occupied | $1,823 | 2026-07-16 | 197 |
| 2022 | 2X1 | Occupied | $1,507 | 2025-07-10 | 198 |
| 2023 | 2X1 | Occupied | $1,349 | 2026-04-16 | 199 |
| 2024 | 2X1 | Occupied | $1,877 | 2026-07-28 | 200 |
| 2025 | 2X2 | Occupied | $1,694 | 2026-04-30 | 201 |
| 2026 | 2X2R | Occupied | $1,407 | 2025-12-15 | 202 |
| 2027 | 2X2R | Occupied | $1,428 | 2026-03-01 | 203 |
| 2028 | 2X2R | Occupied | $1,580 | 2025-10-13 | 204 |
| 2029 | 1X1 | Occupied | $1,505 | 2025-05-30 | 205 |
| 2030 | 1X1R | Occupied | $1,239 | 2026-06-04 | 206 |
| 2031 | 1X1R | Occupied | $1,235 | 2026-01-23 | 207 |
| 2032 | 1X1 | Occupied | $1,166 | 2025-09-08 | 208 |
| 2033 | 1X1R | Occupied | $1,218 | 2025-11-28 | 209 |
| 2034 | 1X1 | Occupied | $1,230 | 2026-05-24 | 210 |
| 2035 | 1X1 | Occupied | $1,959 | 2026-07-26 | 211 |
| 2036 | 1X1R | Occupied | $1,589 | 2026-07-12 | 212 |
| 2037 | 1X1R | Occupied | $1,466 | 2025-08-17 | 213 |
| 2038 | 1X1 | Occupied | $1,132 | 2026-05-01 | 214 |
| 2039 | 1X1 | Occupied | $1,181 | 2025-09-20 | 215 |
| 2040 | 1X1 | Occupied | $1,213 | 2025-08-01 | 216 |
| 2041 | 1X1 | Occupied | $1,624 | 2026-07-24 | 217 |
| 2042 | 1X1 | Occupied | $1,213 | 2026-05-16 | 218 |
| 2043 | 1X1 | Occupied | $1,281 | 2026-06-25 | 219 |
| 2044 | 1X1R | Occupied | $1,176 | 2026-04-07 | 220 |
| 2045 | 2X2R | Occupied | $1,381 | 2026-04-14 | 221 |
| 2046 | 2X2 | Occupied | $1,659 | 2025-07-30 | 222 |
| 2047 | 2X2 | Occupied | $1,634 | 2026-02-20 | 223 |
| 2048 | 2X2R | Occupied | $1,697 | 2026-07-05 | 224 |
| 2049 | 1X1R | Occupied | $1,194 | 2026-04-02 | 225 |
| 2050 | 1X1 | Occupied | $1,224 | 2026-07-01 | 226 |
| 2051 | 1X1 | Occupied | $1,250 | 2025-12-31 | 227 |
| 2052 | 1X1 | Occupied | $1,300 | 2026-05-07 | 228 |
| 2053 | 1X1R | Occupied | $1,326 | 2025-09-30 | 229 |
| 2054 | 1X1 | Occupied | $1,334 | 2025-10-10 | 230 |
| 2055 | 1X1R | Occupied | $1,202 | 2026-05-24 | 231 |
| 2056 | 1X1R | Occupied | $1,320 | 2026-05-09 | 232 |
| 2057 | 1X1 | Occupied | $1,799 | 2026-07-15 | 233 |
| 2058 | 1X1R | Occupied | $1,244 | 2026-02-01 | 234 |
| 2059 | 1X1 | Occupied | $1,391 | 2026-03-24 | 235 |
| 2060 | 1X1 | Occupied | $1,466 | 2026-06-01 | 236 |
| 2061 | 1X1R | Occupied | $1,194 | 2026-04-29 | 237 |
| 2062 | 1X1R | Occupied | $1,244 | 2026-05-29 | 238 |
| 2063 | 1X1R | Occupied | $1,181 | 2026-04-13 | 239 |
| 2064 | 1X1R | Occupied | $1,232 | 2026-05-01 | 240 |
| 2065 | 2X2 | Occupied | $1,726 | 2025-12-16 | 241 |
| 2066 | 1X1 | Occupied | $1,932 | 2026-05-01 | 242 |
| 2067 | 2X2 | Vacant | — | — | 243 |
| 2068 | 2X2 | Occupied | $1,496 | 2025-12-08 | 244 |
| 2069 | 2X2R | Occupied | $1,718 | 2025-07-14 | 245 |
| 2070 | 2X2 | Occupied | $1,528 | 2026-04-04 | 246 |
| 2071 | 2X2R | Occupied | $1,896 | 2026-02-01 | 247 |
| 2072 | 2X2R | Occupied | $1,344 | 2026-03-02 | 248 |
| 2073 | 2X2R | Vacant | — | — | 249 |
| 2074 | 2X2 | Occupied | $1,677 | 2026-03-07 | 250 |
| 2075 | 2X2 | Vacant | — | — | 251 |
| 2076 | 2X2 | Occupied | $1,785 | 2025-09-01 | 252 |
| 2077 | 2X2R | Vacant | — | — | 253 |
| 2078 | 2X2 | Occupied | $1,286 | 2025-09-01 | 254 |
| 2079 | 3X2A | Occupied | $1,831 | 2026-05-20 | 255 |
| 2080 | 3X2A | Occupied | $1,643 | 2025-12-23 | 256 |
| 2081 | 3X2A | Occupied | $1,633 | 2026-02-27 | 257 |
| 2082 | 3X2AR | Occupied | $1,774 | 2026-04-17 | 258 |
| 2083 | 3X2AR | Occupied | $1,889 | 2025-12-01 | 259 |
| 2084 | 3X2AR | Occupied | $1,654 | 2026-01-27 | 260 |
| 2085 | 2X2 | Occupied | $1,804 | 2025-08-01 | 261 |
| 2086 | 2X2R | Occupied | $1,516 | 2026-03-28 | 262 |
| 2087 | 2X2 | Occupied | $1,966 | 2026-06-30 | 263 |
| 2088 | 2X2 | Occupied | $1,643 | 2025-08-08 | 264 |
| 2089 | 2X1 | Occupied | $1,438 | 2026-05-17 | 265 |
| 2090 | 2X1 | Occupied | $1,328 | 2026-01-07 | 266 |
| 2091 | 2X1R | Occupied | $1,297 | 2026-06-30 | 267 |
| 2092 | 2X1R | Occupied | $1,250 | 2026-04-30 | 268 |
| 2093 | 2X1 | Occupied | $1,386 | 2026-04-24 | 269 |
| 2094 | 2X1 | Occupied | $1,443 | 2026-01-11 | 270 |
| 2095 | 2X1 | Occupied | $1,433 | 2025-08-25 | 271 |
| 2096 | 2X1 | Occupied | $1,344 | 2026-02-15 | 272 |
| 2097 | 2X2 | Occupied | $1,633 | 2026-01-01 | 273 |
| 2098 | 2X2 | Occupied | $1,549 | 2026-06-06 | 274 |
| 2099 | 2X2R | Occupied | $1,433 | 2025-10-24 | 275 |
| 2100 | 2X2R | Occupied | $1,949 | 2026-06-04 | 276 |
| 2101 | 2X2 | Occupied | $1,591 | 2025-12-11 | 277 |
| 2102 | 2X2 | Occupied | $1,517 | 2026-06-20 | 278 |
| 2103 | 2X2 | Occupied | $1,480 | 2025-12-09 | 279 |
| 2104 | 2X2 | Occupied | $1,549 | 2026-02-21 | 280 |
| 2105 | 2X1 | Occupied | $1,575 | 2026-06-13 | 281 |
| 2106 | 2X1 | Occupied | $1,360 | 2026-02-08 | 282 |
| 2107 | 2X1 | Vacant | $1,376 | 2026-07-11 | 283 |
| 2108 | 2X1R | Vacant | — | — | 285 |
| 2109 | 2X2R | Vacant | — | — | 286 |
| 2110 | 2X2R | Occupied | $1,465 | 2026-05-10 | 287 |
| 2111 | 2X2R | Occupied | $1,402 | 2026-02-28 | 288 |
| 2112 | 2X2 | Occupied | $1,601 | 2026-07-01 | 289 |
| 2113 | 2X1 | Occupied | $2,067 | 2026-04-14 | 290 |
| 2114 | 2X1 | Occupied | $1,386 | 2026-04-02 | 291 |
| 2115 | 2X1 | Occupied | $1,360 | 2026-01-10 | 292 |
| 2116 | 2X1R | Occupied | $1,396 | 2025-09-24 | 293 |
| 2117 | 1X1 | Occupied | $1,289 | 2026-05-25 | 294 |
| 2118 | 1X1 | Occupied | $1,223 | 2026-06-18 | 295 |
| 2119 | 1X1 | Occupied | $1,201 | 2026-07-17 | 296 |
| 2120 | 1X1R | Occupied | $1,166 | 2025-09-30 | 297 |
| 2121 | 2X1 | Occupied | $1,489 | 2026-07-21 | 298 |
| 2122 | 2X1 | Occupied | $1,386 | 2026-04-06 | 299 |
| 2123 | 2X1 | Occupied | $1,423 | 2026-06-02 | 300 |
| 2124 | 2X1 | Occupied | $1,480 | 2026-02-19 | 301 |
| 2125 | 1X1 | Occupied | $1,240 | 2025-08-15 | 302 |
| 2126 | 1X1 | Occupied | $1,474 | 2026-07-06 | 303 |
| 2127 | 1X1 | Occupied | $1,124 | 2026-06-30 | 304 |
| 2128 | 1X1 | Occupied | $1,720 | 2026-07-24 | 305 |
| 2129 | 2X1 | Occupied | $1,328 | 2026-01-07 | 306 |
| 2130 | 2X1 | Occupied | $1,328 | 2025-12-16 | 307 |
| 2131 | 2X1R | Occupied | $1,461 | 2026-02-20 | 308 |
| 2132 | 2X1 | Occupied | $1,525 | 2025-07-15 | 309 |
| 2133 | 1X1R | Occupied | $1,113 | 2025-11-01 | 310 |
| 2134 | 1X1R | Occupied | $1,458 | 2026-04-01 | 311 |
| 2135 | 1X1 | Occupied | $1,270 | 2026-06-24 | 312 |
| 2136 | 1X1 | Occupied | $1,706 | 2026-07-16 | 313 |
| 2137 | 1X1 | Occupied | $1,154 | 2026-03-01 | 314 |
| 2138 | 1X1 | Occupied | $1,400 | 2025-09-01 | 315 |
| 2139 | 1X1 | Occupied | $1,301 | 2025-09-01 | 316 |
| 2140 | 1X1 | Occupied | $1,129 | 2026-04-23 | 317 |
| 2141 | 1X1R | Occupied | $1,265 | 2026-01-25 | 318 |
| 2142 | 1X1 | Vacant | — | — | 319 |
| 2143 | 1X1 | Occupied | $1,436 | 2025-11-29 | 320 |
| 2144 | 1X1R | Occupied | $1,129 | 2026-04-07 | 321 |
| 2145 | 1X1 | Occupied | $1,286 | 2026-07-09 | 322 |
| 2146 | 1X1 | Occupied | $1,434 | 2026-07-07 | 323 |
| 2147 | 1X1R | Occupied | $1,405 | 2026-01-01 | 324 |
| 2148 | 1X1R | Occupied | $1,234 | 2025-11-07 | 325 |
| 2149 | 1X1R | Occupied | $1,160 | 2026-02-28 | 326 |
| 2150 | 1X1R | Occupied | $1,274 | 2026-06-29 | 327 |
| 2151 | 1X1 | Vacant | — | — | 328 |
| 2152 | 1X1R | Occupied | $1,486 | 2025-07-30 | 329 |
| 2153 | 1X1R | Vacant | — | — | 330 |
| 2154 | 1X1R | Occupied | $1,561 | 2025-12-01 | 331 |
| 2155 | 1X1 | Occupied | $1,373 | 2026-07-02 | 332 |
| 2156 | 1X1R | Occupied | $1,108 | 2025-09-22 | 333 |
| 2157 | 1X1 | Occupied | $1,352 | 2026-04-26 | 334 |
| 2158 | 1X1R | Occupied | $1,102 | 2025-09-04 | 335 |
| 2159 | 1X1 | Occupied | $1,314 | 2026-06-08 | 336 |
| 2160 | 1X1R | Occupied | $1,348 | 2025-11-06 | 337 |
| 2161 | 1X1R | Occupied | $2,079 | 2025-12-08 | 338 |
| 2162 | 1X1R | Occupied | $1,108 | 2025-09-13 | 339 |
| 2163 | 1X1R | Occupied | $1,533 | 2026-04-04 | 340 |
| 2164 | 1X1 | Occupied | $1,370 | 2025-08-13 | 341 |
| 2167 | 2X2R | Occupied | $1,726 | 2026-02-21 | 342 |
| 2168 | 2X2R | Occupied | $1,641 | 2026-03-10 | 343 |
Comp communities quoted (13)
| Community | Distance | Tier | Units | Units from | Year built | Year built from | Rents as of | Source |
|---|---|---|---|---|---|---|---|---|
| Saltera Apartments | 0.1 mi | tier 1 | 306 | Maricopa County, AZ property record, as of 2026-10-05 | 1984 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| The Hamptons | 0.3 mi | tier 1 | 249 | Maricopa County, AZ property record, as of 2026-10-05 | 1981 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-29 | own weekly scrape |
| Cielo on Gilbert | 0.7 mi | tier 1 | 432 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| The Vance | 0.9 mi | tier 1 | 464 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-29 | own weekly scrape |
| Lucera Apartments | 1.5 mi | tier 1 | 192 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| Pebble Creek | 1.5 mi | tier 2 | 122 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| Gilbert Greens Apartments | 1.6 mi | tier 2 | 164 | Maricopa County, AZ property record, as of 2026-10-05 | 1985 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-29 | own weekly scrape |
| Mesa Station | 1.6 mi | tier 2 | 397 | Maricopa County, AZ property record, as of 2026-10-05 | 1984 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-29 | own weekly scrape |
| Dana Park Apartments | 1.7 mi | tier 2 | 222 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| Astero Mesa East | 1.8 mi | tier 2 | MISSING | No public record; the licensed count is held back | 1987 | community registry (third-party market data) | 2026-09-29 | own weekly scrape |
| Astero Mesa West | 1.8 mi | tier 2 | MISSING | No public record; the licensed count is held back | 1986 | community registry (third-party market data) | 2026-09-16 | own weekly scrape |
| Gentrys Walk Apartments | 1.9 mi | tier 2 | 176 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
| The Orchard on Gilbert | 1.9 mi | tier 2 | 130 | Maricopa County, AZ property record, as of 2026-10-05 | 1986 | Maricopa County, AZ property record, as of 2026-10-05 | 2026-09-30 | own weekly scrape |
This run
| Model calls | Input tokens | Output tokens | Cache read | Cache write | Cost | Seconds | Extraction model | Classification model |
|---|---|---|---|---|---|---|---|---|
| 7 | 78,414 | 9,286 | 0 | 0 | $0.62 | 54.0 | claude-opus-5 | claude-haiku-4-5 |
Built by one live run of the upload pipeline on 2026-09-14 over the sample materials (7 model calls, $0.62); the market blocks were pulled for the illustrative address on 2026-10-06 and baked in. Serving the sample makes no model calls.
§ 03 Try it on your own deal Same tabs, your files
Upload a marketing package, a trailing-twelve income statement and a rent roll, enter the price per unit, and the pipeline returns the same tabs for your deal. The sample deal runs with no files at all.
Run it on a deal
This demo needs JavaScript — the page sends your files to a small API and polls it while the pipeline runs.
No files needed. Runs the pipeline on the sample deal and fills every tab below — the fastest way to see what comes back.
or run it on your own deal
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Run the sample deal or upload a deal to fill this tab.
Workbooks from this run
Nothing yet. The workbooks appear here when a run finishes.