Expense Ratios
ID: RV18
Purpose:
Ratios are very useful when benchmarking and deciding where to make improvements. In the Expense Ratios module, we have pre-calculated over 20 important ratios. You can compare your properties side by side and see which ones are leaders and laggards in each various metrics.
Property Management Expense Ratios
Description:
Examples of some of the ratios include are:
- Marketing Expense as % of Total Expense
- Marketing Expense divided by # of Leads
- Turnover Expense per Unit
- Turnover Expense as % of Total Expense
- Utilities Expense as % of Total Expense
- Utilities Expense per Unit
- # Leads Converted to Leases
- Rental Income divided by Total Operating Expense
