The Rent Roll Analysis Skill generates a detailed analysis of a community's current and past performance metrics, market trends, and key findings. Using basic inputs about the community and a standard excel rent roll file, AI Skills is able to summarize a report on how the community's performance is trending and underlying factors to keep an eye on within the greater competitive set. Additionally, based on the community performance findings, AI Skills may suggest helpful insights for improvement opportunities.
To use this Skill, you must have a rent roll file for a current senior housing community available to upload to the Skills module. To run this Skill:
Click "Continue" to acknowledge that you understand the upload requirements of the Skill.
Enter the community name and underlying city and state. The underlying geography will be utilized in the benchmark reporting.
Enter a description of the rent roll file. When using AI Skills, you must enter a description of the file to assist the process in understanding the contents. In this instance, a sample description is provided that describes a general purpose rent roll file. You likely do not need to make any changes to this description, but can if you wish.
Enter the date that your rent roll file was last updated.
Upload the rent roll file. Click "Continue".
Input Needed: AI Skills will take a few moments to analyze the rent roll and will return a list of fields included in the file and the assumed definitions for those fields. Read through the fields and adjust any definitions to ensure that your file can be interpreted correctly.
Example: In your file, does "unit" represent the care segment of each resident or the unit number of each resident? Adjust the definition for that field accordingly.
6. Once you are satisfied with the rent roll field definitions, click "Continue".
7. The next three questions are optional, but will help improve the ability to analyze your rent roll. First, indicate how vacant units are represented in your file. Next indicate how the two market rate and actual rate are represented in your file. Lastly, input any specific question you have about the rent roll.
8. The analysis of your rent roll will likely take several minutes. You can navigate away from the page while AI Skills analyzes your rent roll. To download the output to a word document, select the "Download" button at the top or bottom of the output.
PLEASE NOTE: This content has been generated by NIC MAP Vision's Automations Platform and is only intended to be a first draft. It must be reviewed by a trained professional to ensure accuracy and compliance with all applicable laws and regulations.