The Landlord Studio Dashboard is designed to give you a snapshot of your portfolio with key metrics so you always know exactly how your portfolio is performing.
You can filter the dashboard by property as well as income and expense categories allowing you to quickly dig down into an individual property's finances and performance.
The Dashboard Elements
How To Use The Dashboard Filters
To make the most of the Landlord Studio dashboard you can utilize the filters at the top. Adjusting the filters will affect each of the elements on the dashboard.
Filtering the dashboard by property or unit will give you the ability to drill down into an individual property's finances.
You can also filter by income and expense category to quickly highlight potential discrepancies, identify areas of overspend, and find opportunities to increase profitability.
Rent Status
At the top of the Landlord Studio dashboard, you have the rent elements which give you a snapshot of your collected rent and expected income for the month. This is designed to help you stay on top of overdue and late rent payments.
Rent received - this is the rent you’ve received this calendar month
Payments in progress - if you have online rent collection in progress this will show any payments that have been made by tenants, but have not yet arrived in your account.
Upcoming payments - this shows payments that are due later in the month.
Rent overdue - this shows the total amount of rent that is overdue.
The Cashflow Graph
The cash flow graph displays 12 months of income and expense data. Hover your mouse over the graph to get a breakdown of total income, total expenses, and net profit for each month.
You can easily adjust the date range on the cash flow graph by clicking on the date and selecting a new date from the calendar. The graph can only show up to 12 months.
Cash on Cash Return
The cash-on-cash calculation is relatively simple: Cash on Cash Return= (Gross Cash Flow/ Actual Cash Invested) x 100%
To calculate this in Landlord Studio we divide the total cash invested in the property (as entered by you) and projected income for the year based on the current lease details. This updates in real-time as you enter more income and expense details based on the actual cash flow for the last 12 months.
For this calculator to show an accurate cash-on-cash return you will need to have entered the property valuation, your mortgage details, and have up-to-date income and expenses logged in the system.
To do this:
Navigate to the relevant property.
Select “Edit Property”
Scroll to the bottom.
Enter the principal amount
Enter the property purchase price
Property Valuation And Portfolio Net Gain
The property valuation graph will show you the purchase price and closing costs vs the current property valuation to give you an estimate of your net profit in relation to capital gains.
In order for Landlord Studio to generate the Valuation and Net Gain metric on the dashboard you will need to add your valuation details.
To do this
Navigate to the relevant property.
Select “Edit Property”
Scroll to the bottom.
Enter the property purchase price, taxes, and current valuation.
Expenses By Category Graph
The expense category graph shows which expense categories you are spending the most on. This allows you to quickly identify large expenses to identify areas of overspend and opportunities to cut costs.
You can adjust the date range to show a single month or as many as 12 months at a time.
The graph will also show recurring expenses and unpaid overdue expenses. And you can simply hover your mouse over the graph to see the expense details.
Portfolio Occupancy
This section shows a breakdown of your property types, the total number of units in your portfolio, and your current occupancy rate.