Naturally, if the property only has a single tenant, the analysis is significantly less complex than if it is multi-tenant.ДЄlso included in this part of the analysis are the General Vacancy rate assumption and the assumption for Credit and Collection Loss. Non-Reimbursable Operating Expenses comprise:Д¬apital Expenditures are input on a forward projection basis, grown by inflation if desired, and a recurring Capital Reserve line is included as well (fixed).В The final part of the property-level operating projection are the specifying of Market Leasing Assumptionsfor currently leased space,В and Space AbsorptionВ assumptions for currently vacant space. Repairs and Maintenance (variable assume 30% вЂ“ 40% of this expense is fixed).Utilities (variable assume 20% вЂ“ 30% of this expense is fixed).Real Estate Taxes (fixed in nature as 100% of this expense would exist even if the property were 100% vacant).Reimbursable Operating Expenses comprise: Reimbursable and Non-Reimbursable Operating Expenses are input, and also grown at the General Inflation growth rate, again unless the user elects to make year-by-year inputs. percentage rent details (for retail properties)ДЄll of this tenant lease and property information is entered into ARGUS Valuation DCF.ДЄny Miscellaneous Revenue (such as from cell phone antennas, billboards, etc.)В is then input, which is grown by the assumed GeneralВ Inflation growth rate input by the user unless they use alternate вЂњDetailedвЂќ year-by-year inputs for growth rates.

current rent and contractual rent escalations.pro-rata share of total property gross leasable area (GLA).type of space (office, retail, industrial).Some are more detailed than others, but the basic data included in the rent roll for each tenant are typically: Whether single- or multi-tenant, all existing retail, industrial and office commercial real estate properties have a Rent Roll, which is a grid of the propertyвЂ™s existing in-place tenants that details the basics of the lease(s) attached to the property. The 1st Half Of The Analysis: Generating The Property-Level Operating Cash Flow The two halves of the financial analysis process.

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