Rent roll
A list of all units in a property showing current rent, lease dates, tenant names, and deposits. What a buyer wants to see when reviewing an investment property.
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Where this comes up: getting ready
Part 1 of 4
Why a seller cares
The rent roll is the one-page summary of a rental's income: every unit, its rent, its lease dates and its deposit. It is the first thing an investor buyer asks for and the document the price is built on.
Part 2 of 4
A simple example
A fourplex rent roll: units at $950, $975, $1,000 and $1,050, three leases ending within the year, and $3,900 in deposits held.
| What is on the rent roll | What the buyer does with it |
|---|---|
| Rents and lease dates | Works out the income and when it can change |
| Deposits held | Knows what transfers at closing |
| Vacant units | Prices the risk and the opportunity |
The rent roll is the building's income, one line per door.
Part 3 of 4
What people get wrong
That a bank statement replaces it. Buyers want the leases and the roll; deposits into an account prove less than a lease does.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
In your Room, this word explains itself where it appears.
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