Property Management Business - Financial Forecasting Model

Mix real estate and SaaS. Now you are running a property management business that requires careful financial planning. This means pricing, scale, understanding fixed and variable costs at different levels of scale, and being able to play with different assumptions to see how the bottom line is affected. Going through this financial simulation will give the user a better grasp on general operational feasibility of this type of business.

$75.00 USD

After purchase, the template will be immediately available to download. The download is an Excel file and you can easily upload this to Google Sheets if so desired.

This template is included in the following bundles as well:
Key Features:
  • Configure up to two customer channels
  • Control how property management fees are calculated (% of rents, cost per unit per month, or cost per customer per month)
  • Configure new customer onboarding dynamically (adjustable per month)
  • Configure average units per customer dynamically (adjustable per month)
  • Configure multiple revenue sources (general property management fees / application fees, repair / maintenance fees, one-time onboarding fees)
  • Configure Variable costs per customer channel
  • Configure fixed operating costs and startup cost schedules
  • Accounts for customer retention based on average contract length of customers
  • Model up to 5 years
Output Financial Reports:
  • Monthly and Annual Cash Flow Detail
  • Includes fully integrated Financial Statements (Income Statement, Balance Sheet, Cash Flow Statement)
  • DCF Analysis
  • IRR
  • NPV
  • Slick Visualizations
  • Option for Exit value based on trailing 12 month revenue multiple from end month
  • Option for outside investors to contribute in return for some equity percentage
About the Business of Property Management

Property management businesses have likely existed for as long as there have been buildings and other types of real estate that needed to be managed. In ancient times, large estates or entire villages might have had a steward or other type of manager responsible for maintaining the property and overseeing the people living or working there.

As societies developed and urbanization increased, the need for property management also grew. In modern times, property management businesses typically handle the management of rental properties, such as apartment buildings, commercial buildings, and residential homes. These businesses may be responsible for tasks such as collecting rent, maintaining the property, and handling repairs and maintenance. They may also handle marketing and advertising to attract tenants, and handle tenant relations and complaints.

The specific origins of property management businesses as they are known today are difficult to trace, but they likely developed in response to the increasing complexity of managing real estate, particularly in urban areas where there may be multiple properties and a large number of tenants to manage.

Today, with the advent of software, you essentially are running an enterprise SaaS operation, but there are other revenue channels to account for as you will see in the model and the way customers are charged is going to be based on units and/or rent and rent growth over time.