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Accounting that knows a building from a business

Property economics happen at the unit. Varetiq tracks rent, occupancy, expenses, and net operating income per property while keeping one consolidated set of books.

  • Rent roll and occupancy
  • NOI per property
  • Owner statements
VaretiqProperty Hub
4 propertiesOccupancy 93%
PropertyUnitsOccupiedRent billedCollectedNOI
Harbor Ridge242348,600.0046,100.0021,340.00
Cedar Court121119,800.0019,800.009,120.00
Vine Street8611,200.008,400.002,180.00
Sable Flats161630,400.0030,400.0014,905.00

Vine Street occupancy is below its twelve-month average; two units turned over in October.

Property Hub interface preview with demonstration data.
Economics
Per unit

Rent, expense, and turnover by unit.

Occupancy in preview
93%

Tracked against your own trend.

Statements
Per owner

Generated from the same ledger.

Portfolio view
Consolidated

Without merging the books.

Rent roll

Who is in which unit, paying what, until when

Leases, escalations, deposits, and renewals tracked alongside the accounting, so a late payment and an expiring lease are visible in the same place.

In practice

  • Lease terms with renewal and escalation dates
  • Deposits tracked as liabilities, not revenue
  • Turnover cost captured per unit
  • Delinquency visible in the Action Center

Owner reporting

Statements that match the books

Owner distributions and statements come out of the same ledger as the financials, so there is no second spreadsheet to reconcile at year end.

In practice

  • Per-property and per-owner statements
  • Distribution history and reserves
  • Capital versus expense treatment recorded
  • Export packages for lenders

Open the Property Hub

See rent roll, occupancy, and NOI with demonstration properties.