Valuation Workbook: Using the RENTROLL sheet (Single-Tenant)

Table of Contents

1. Video Guide
2. Written Guide

Prerequisites

• Valcre Subscription: Professional or Enterprise
  • AI add-in required for Narrative Writer
• Current Valcre Valuation Workbook downloaded and set up

Step 1: Enable the single tenant lease table

• Select the Tenancy Type:
  • Choose Single tenant from the tenancy type dropdown.
• Select Occupant Type:
  • Owner Occupied: Removes the lease table.
  • Occupied by Third-Party Tenant: Displays the lease table for completion.

Step 2: Set up the lease table

Number of Rent Schedule Years: Choose how many rent schedule years you'd like to analyze.
Number of Renewal Option Terms: Defaulted to one. You can select up to 10 renewal options.
Tenant Leasing Group: This will auto-populate based on the tenancy type as Single tenant. Adjust if needed. This group will represent the market rent conclusion that you will finalize in the income approach module.
Tenant Analysis: Yes: Opens the tenant analysis table for completion. Fill in the yellow shaded fields. No: Hides the tenant analysis table.
Revenue to Analyze: Select the revenue type you want to analyze

Step 3: Populate the lease table

• Enter the applicable information in the yellow shaded cells and use the blue shaded drop-downs as needed to fill in details.

Step 4: Review and update (if applicable) the average escalation per year.

• This value is auto-calculated for you. However, if necessary, you can overwrite it with your own calculation.

Step 5 (Optional): Complete the Single Tenant RentRoll Summary comment. (Workbook 1.7.1+)

Use the Narrative Writer function (Must have: Valcre AI add-in, workbook version 1.7.1+ and add-in add-in 2.1.1+) to create your preferred narrative style. Make any changes by typing directly into the narrative box before selecting Use Narrative.

• The content created by the Narrative Writer does not pull into the reports at this time. To add the content controls please follow the directions in the helper file. If you would like this content permanently included in your report, please send your non-linked report with the content controls added in the applicable section to Valcre Support.