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SAMPLE PROPERTY MANAGEMENT REPORT

Date

Name

Address

Re:

Dear

In accordance with our agreement, I have enclosed the following Property Management Reports for

the month of Month and Year;

1. Operational and Financial Narratives

2. Balance Sheet

3. Statement of Operations

4. Cash Journal (indicating cash receipts)

5. Activity Reconciliation Report (detailing cash received for each Tenant)

6. Tenants Accounts Receivable Aging Report

7. Rent Roll

8. Check Register

9. Accounts Payable Trial Balance

10. Photo's of the Property, if any

I have also enclosed our invoice for the month.

If you should have any questions, please do not hesitate to contact me.

Very truly yours,

Michael Bunsis

President

(2)

SAMPLE PROPERTY MANAGEMENT REPORT

ANDAN MANAGEMENT LLC

D A T E

PROPERTY ADDRESS

SITE VISIT

This section provides the date's physical site inspections were made to the property

Date ...

Date ...

OPERATIONAL NARRATIVE

This section will provide all issues pertaining to the property.

it will provide all issues pending and issues resolved, letters and memo sent our during

the month, and any and all construction, renovations, services calls and daily mainte

nance performed at the property.

Explanation of Cash Disbursements during the month:

This section will contain a list of typical maintenance and management expenses as

well as any extraordinary expenses that were paid out during the month

f

.

ftNCIAL NARRATIVE

Total receipts for the month were

I

The following is a summary of the Tenant's Accounts Receivable:

Tenant Name

Explanation of arrears and action taken if any....

Tenant Name

Explanation of arrears

.

and action taken if any....

Tenant Name

Explanation of arrears and action taken if any....

I

$

00,000.00

$

0.00

$

0.00

$

0.00

A

(3)

B A L A N C E S H E E T

PREPARED FOR: ____________________________

ASSETS

CURRENT ASSETS

CASH-OPERATING

0.00

CASH-FIRST NAIL BANK

0.00

TRANSFER OF FUNDS

0.00

DEPOSITS RECEIVABLE

0.00

TOTAL CURRENT ASSETS

0.00

PROPERTY AND EQUIPMENT

TENANT IMPROVEMENTS

0.00

TOTAL LONG TERM ASSETS

0.00

NET FIXED ASSETS

TTL PROPERTY &

EQUIP TOTAL ASSETS

0.00

0.00

0.00

LIABILITIES & CAPITAL

CURRENT LIABILITIES

LONG TERM LIABILITIES

SECURITY DEPOSITS

0.00

TOTAL LIABILITIES

0.00

CAPITAL

OWNERS

CONTRIBUTION

OWNERS

DISTRIBUTIONS

CURRENT EARNINGS

I

0.00

0.00

0.00

0.00

0.00

TOTAL CAPITAL

TOTAL LIAR. & CAPITAL 0.00

(4)

STATEMENT OF OPERATIONS

D A T E

PREPARED FOR:

CURRENT PERIOD

PERCENT

YEAR TO DATE PERCENT

REVENUES

COMMERCIAL RENTS

$0

0

$0

0

TOTAL GROSS RENTS

0

0

0

0

RECOVERIES

TAXES

0

0

0

0

TOTAL RECOVERIES

0

0

0

0

LATE FEES

0

0

0

0

TOTAL OTHER INCOME

0

0

0

0

TOTAL INCOME

0

0

0

0

EXPENSES

COMMON AREA EXPENSES

MAINTENANCE & REPAIR

0

0

0

0

SNOW REMOVAL

0

0

0

0

LANDSCAPING

0

0

0

0

UTILITIES

0

0

0

0

WATER & SEWER

0

0

0

0

TOTAL CAM EXPENSES

0

0

0

0

(5)

ST AT E ME N T O F O P E R AT IO N S

D A T E

PREPARED FOR:

CURRENT PERIOD

PERCENT

YEAR TO DATE PERCENT

GENERAL & ADMIN. EXPENSES

INSURANCE

OTHER TAXES

MANAGEMENT FEES

OFFICE & POSTAGE

PROFESSIONAL FEES

TELEPHONE

BANK CHARGES

MISCELLANEOUS EXPENSE

TOTAL G/A EXPENSES

TOTAL EXPENSES

DEPRECIATION EXPENSE

$0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

$0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

INCOME BEFORE DEBT SVC

0

0

0

0

DEBT SERVICE

MORTGAGE PAYMENT

0

0

0

0

TOTAL DEBT SERVICE

0

0

0

0

NET INCOME (LOSS)

0

0

0

0

(6)

I

C a s h J o u r n a l

thru _________

Unit Ref.

Number

Name

Type

Description

Received

Date

Amount

1101

CASH

Pymt. Batch 100 Check 1000

7/11/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/11/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/15/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/11/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/25/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/05/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/11/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/07/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/06/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/25/05

0

1101

CASH

Pymt. Batch 100 Check 1000

7/15/05

0

0

PROPERTY T O T A L S

Total Checks and Cash Received

0

Total Checks Removed

0

Total Overpayment Refunds

0

Total NSF Checks

0

Deposit Refunds

0

T

OTAL CHECKS AND CASH RECEIVED :

I

Monthly Rent

Chrg

Code

RNT

Total Amount

0

Total

0

(7)

Print Date:

I

C a s h J o u r n a l

I

thru

Unit Ref.

Number

Name

Type

Description

Received

Date

Amount

G R A N D T O T A L S :

Total Checks and Cash

Received Total Checks

Removed

Total Overpayment Refunds

Total NSF Checks

000.1

0.00

0.00

0.00

0.00

TOTAL CHECKS AND CASH RECEIVED :

Chrg

Total Amount

Code

Monthly Rent

RNT

0

Total

0

(8)

Page: 1

Print Date: 1 0 / 3 0 / 0 6

Activity

Reconciliation

Report

Property Name Deposits /

Number/Address Lease Term

City State Zip

Unit Ref. Name / Chrg Beginning Charges Payments and Payment Ending

Lease Term

Numb Suite Lease Term

144-167

0.00 12/01/1998

MRX Maintenance & Repair 0.00

0

0

0.00 08/31/2006

RNT Monthly Rent 0.00

0

0

7/27/2005 0.00

0.00

0

0

0.00

144-169

0

08/01/1999

MIS Miscellaneous Income 0.00

0

0

0

08/31/2006

RNT Monthly Rent 0.00

0

0

7/11/2005

0

0.00

0

0

0

144-599 0.00 07/15/1999 RNT Monthly Rent 0.00

0

0

7/15/2005 0.00 03/31/2009 0.00

0

0

0.00 144-167A

0

0

0.00

0

0

09/01/1998 RNT Monthly Rent 0.00

0

0

7/11/2005 0.00 08/31/2006 0.00

0

0

0.00 144-1678

0

0

0.00

0

0

09/01/1998

LAT Late Charge 0.00

0

0

0

08/31/2007

RNT Monthly Rent 0.00

0

0

7/25/2005

0

0.00

0

0

0

144-169A

0

0

0

0.00

0

0

0

04/01/2003

LAT Late Charge 0.00

0

0

0

08/31/2006

RNT Monthly Rent 0.00

0

0

7/5/2005

0

0.00

0

0

0

144-169B

0

0

0.00 RNT Monthly Rent 0.00

0

0

7/11/2005

0

0.00

0

0

0

A

(9)

Page:

Print Date:

2

Activity Reconciliation

Report

Report Date From : __________ To:____________

Property Name

Number/Address City

State Zip

Unit Ref.

Name / Chrg

Num

Suite

Description

Beginning Charges

Payments and Payment

Balance

and Adi

Adj Date

Date

Ending

Deposits /

Balance

Lease Term

0

0

0

0

Property Totals :

0

0

0

0

MRX Maintenance & Repair Exp

0

0

0

0

RNT Monthly Rent

0

0

0

0

MIS Miscellaneous Income

0

0

0

0

LAT Late Charge

0

0

0

0

0

0

0

0

(10)

Page: 1

Print Date:

Aging Report (Detailed)

AGED AGED AGED

Unit Unit Reference Occupant Deposits Balance 1 - 3 0 3 1 - 6 0 6 1 - 9 0 AGED OVER

Type Number Name Held Due DAYS DAYS DAYS 90 DAYS

CURR 0.00

0

0

Contact Phone

CHARGE CHARGE CHARGE

CODE DESCRIPTION DATE

LAT Late Charge 0.00

CURR 0.00 0.00 0.00

Contact

Phone CHARGE CHARGE CHARGE

CODE DESCRIPTIO DATE

MIS INVOICES: 30658&30657; PLUMBING

CURR 0.00 0.00 0.00 0.00

Contact Phone

CHARGE CHARGE CHARGE

CODE DESCRIPTION DATE

LAT Late Charge 0

LAT Late Charge 0

LAT Late Charge 0

LAT Late Charge 0

CURR 0.00 0.00

CHARGE CHARGE CHARGE

CODE DESCRIPTION DATE

LAT Late Charge 0

LAT Late C h a r g e s 0

LAT Late Charge 0

LAT Late Charge 0

0

CURR 0.00 0.00

Contact Phone

CHARGE CHARGE CHARGE

CODE DESCRIPTION DATE

LAT Late Charge 0

LAT Late Charge 0

LAT Late Charge 0

LAT Late Charge 0

(11)

Page: Print

Date

1

Rent Roll Report

UNIT

REFERENCE

NUMBER

OCCUPANT NAME

MONTHLY RENT

SQUARE

FEET

RENT PER

SQUARE

FEET

LEASE

STARTIN

G

LEASE EXP DATE

DEPOSITS

1101

0

0

0yr

12/01/98

8/31/06

0

0

0/mth

0

1101

0

0

0/yr

8/01/99

8/31/06

0

0

0/mth

0

1101

0

0

0/yr

7/15/99

3/31/09

0

0

0

/mth

0

1101

0

0

0yr

9/01/98

8/31/06

0

0

0mth

0

1101

0

0

0/yr

9/01/98

8/31/07

0

0

0/mth

0

1101

0

0

0/yr

4/01/03

8/31/06

0

0

0/mth

0

1101

0

0

0yr

9/01/01

8/31/06

0

0

0/mth

0

1101

0

0

0/yr

10/01/00

9/30/06

0

0

0/mth

0

1101

0

0

0yr

4/01/03

2/28/06

0

0

0/mth

0

1101

0

0

0/yr

11/01/01

3/31/09

0

0

0/mth

0

1101

0

0

0.00/yr

4/01/03

2/28/06

0

0

0.00/mth

0

1101

OTHERINCOME

0

0

0.00/yr

0

0.00/mth

PROPERTY TOTALS:

Percentage of Occupied U n i t s _

Total Occupied Rents

0

Total Occupied Units

0

Total Vacant Rents

0

Total Vacant Units

0

Total Gross Rents

0

Total Units

0

Total Square Footage

0

Percentage Occupied

0%

Average Rent/Sq. Ft. /Yr.

0

Percentage of Occupied Sq. Ft

Average Rent/Sq. Ft. /Mth

0

Total Occupied Sq. Feet

0

Total Security Deposits

0

Total Vacant Sq. Feet

0

Total Square Footage

0

Percentage Occupied

0%

(12)

Page: Print Date

Rent Roll Report

GRAND TOTALS :

- P e r c e n t a g e s of Occupied Units

Total Occupied Rents

0

Total Occupied Units

0

_

Total Vacant Rents

0

Total Vacant Units 0

Total Gross Rents

0

Total Units

0

Total Square Footage

0

Percentage Occupied

0

% Average Rent/Sq. Ft. /Yr.

0

Percentage of Occupied Sq. Feet

Average Rent/Sq. Ft. /Mth

0

- Total Occupied Sq. Feet

0

Total Security Deposits

0

Total Vacant Sq. Feet 0

Total Square Footage

0

Percentage Occupied 1000/0

2

(13)

Page: Print Date:

AP Check Register

1

Date Range :

To

Check Vendor Invoice Invoice

Check Date Vendor Name Vch # Number Date

Gross

Amount Discount

Net Amount Check Amount 1101 1101 06/24/2007 0.00 0.00 0.00 1101 1101 06/29/2007 0.00 0.00 0.00 1101 1101 05/05/2007 0.00 0.00 0.00 1101 1101 07/12/2007 0.00 0.00 0.00 1101 1101 07/12/2007 0.00 0.00 0.00

Total for Check Number 002699 0.00 0.00 0.00 0.00

1101 1101 07/02/2007 0.00 0.00 0.00

1101 1101 07/05/2007 0.00 0.00 0.00

1101 1101 06/30/2007 0.00 0.00 0.00

1101

1101 07/21/2007 0.00 0.00 0.00

Cash Account 1 Totals 0.00 0.00 0.00 0.00

Property/ Company Totals for 0.00 0.00 0.00 0.00

A

A

(14)

Page: Print Date:

1

AP Aged Trial Balance

Vendor Information Voucher Invoice # Date Invoice Date Curren Range : TO

Over 90 Days Invoice Description 31 - 60 Days 61 - 90 Days

1101 07/21/057 0.00 TRANSFER FOR SEPT 05

Total 0.00 0.00 0.00 0.00 0.00 1101 4/6/2007 0.00 WINDOWS/BLDG SUPPLIES 1101 5/5/2007 0.00 FINANCE CHARGES 1101 5/6/2007 0.00 1101 06/06/05 0.00 BLDG SUPPLIES-FIN CHG 1101 7/5/2007 0.00 6/30/05 SUPPLIES +FINANCE Total 0.00 0.00 0.00 0.00 0.00 00381 10/13/2007 0.00 CANCELLED CHARGES 00380 10/13/2007 0.00 03/25/03-10/28/03 Total 0.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Company Total 0.00

A

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