What is a rent roll?
A rent roll is a schedule of every lease at a property: tenant, space, rent, term, and key lease details.
A rent roll lists each tenancy line by line: tenant or unit, square footage, current rent, lease start and end dates, escalations, and options. For multifamily it is the unit mix and in-place rents; for commercial it is the tenant-by-tenant schedule.
It is the income backbone of the deal. Buyers underwrite a property's NOI off the rent roll, so its accuracy and the strength of the leases behind it carry directly into value.
Why it matters
The rent roll is where buyers test whether the income story holds up. Lease expirations, below- or above-market rents, and tenant credit all surface here.
Where it shows up in your OM
The rent-roll and tenancy figures you provide flow into the OM's financial and tenant sections, labeled by source. You confirm the numbers before export. omgen presents what you enter; it does not assume rents.
Frequently asked questions
- What information is on a rent roll?
- Typically the tenant or unit, square footage or unit type, current rent, lease commencement and expiration dates, rent escalations, renewal options, and sometimes security deposits and recovery terms.
- Why do buyers want the rent roll?
- Because it is the source of the property's income. Buyers rebuild NOI from the rent roll and stress-test lease rollover, so it is one of the first documents requested in diligence.
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