A rent roll document provides valuable details on the rental units of a commercial property. Generally speaking, rent roll data varies by property type. In many cases, however, rent rolls typically include information about the property itself such as the owner, address, management company (if applicable), and asset type.
There is more variation in information regarding unit data, but some of the more common data points include unit number, square footage, and number of beds/baths for a multifamily property. Beyond that, rent rolls also provide data on the tenants themselves, including name, monthly rent obligation, fees paid, lease term length, rental concessions, and security deposit status. Along with all of the aforementioned information, many also include a monthly or annual breakdown of rental income summaries essentially providing a snapshot of the gross rental income on a property or real estate portfolio.
In addition to showing rental income, a rental roll typically provides additional information including tenant names and contact information, lease start and end dates, security deposits, CAM reimbursements, rented square footage, space descriptions, and other information.
For any income producing property, the rent roll is a detailed, itemized report of each unit. The details presented on a rent roll includes valuable insights such as whether a unit is occupied or not, details on the tenant, the payment history and security deposit being held for that tenant/unit, the length of time the unit has been occupied by the tenant, and finally the date on which the lease expires.
In summary, a rent roll typically includes information about the property itself, unit data, tenant data, rental income summaries, tenant names and contact information, lease start and end dates, security deposits, CAM reimbursements, rented square footage, space descriptions, and other information.