Expenses

Step-by-Step Guide

1. Go to the Expenses tab in your property form

• Once filling out the Current Annualized column for each expense line item, you can set a growth rate for future years as a percentage or fixed dollar amount.
• Click on a cell to reveal the “Copy to Right” button — it lets you instantly apply the same growth rate across all future years for that expense.
• If the Current Annualized value is left blank, growth rates cannot be added to that row.

2. Click “Add Operating Expense” to include custom items.

3. Click trash icon to remove unwanted expenses.

4. Use the year counter at the top right to set how many years to include in your analysis      by clicking + or - buttons.

Net Operating Income (NOI) is automatically calculated by subtracting total expenses from effective potential income.

5. You can reorder or rename any line item as needed.

The labels for “Current Annualized” and “Year 2” are fixed — they pull directly from the Income section and can’t be renamed. 

6. Beneath your standard operating expenses, you’ll find two additional groups:

• Use “Non-Operating Recurring Costs”  for regular but non-operational costs like— Capital reserves, Asset management fees etc.
  

  These behave just like normal operating expenses — enter a base value and apply optional growth over time.  

• Non-Operating One-Time Costs is for one-off costs like— Acquisition fees, Initial renovations etc.
  

  You only need to enter the amount for the specific year the cost occurs. Growth rates do not apply here.