Monthly Performance Report (MPR)
Monthly Portfolio Summary • November 2024
Executive Summary
AI-generated insights for November 2024
Portfolio Performance: Your portfolio showed strong performance in November with 91% occupancy across 42 units and a monthly net income of $42,650, up $2,340 from October. The portfolio health score improved to 85, indicating robust operational efficiency.
Key Opportunities: Seven properties qualify for refinancing with potential annual savings of $28,320. Additionally, shopping your insurance policies could save approximately $8,400 annually based on quotes received from Liberty Mutual.
Action Required: Two units in Cincinnati have been vacant for 30+ days, costing $3,200/month. Market analysis suggests a 5% rent reduction would fill these units within two weeks. Insurance renewals for 12 policies are due in Q1 2025.
Decisions Needed
Time-sensitive actions to protect and grow your portfolio
Review Insurance Quotes
Due in 14 daysPropTrust AI analyzed your policies and found potential savings. Market rates have increased 35% but shopping could offset most of the increase. Quotes obtained from 3 carriers.
File Property Tax Appeals
Due in 30 daysPropTrust AI identified 3 properties with assessments 15-20% above market comparables. Filing appeals could reduce annual tax burden significantly.
Initiate Lease Renewals
4 expiring Q14 leases expiring in Q1 2025. Market rents have increased 6-8% in these areas. Early renewal outreach recommended to secure tenants and capture market rates.
Performance by Market
Columbus
10 properties
↗ 7 renewals secured this month
Cincinnati
5 properties
⚠ 2 units vacant 30+ days
Cleveland
3 properties
✓ Stable, no issues
Portfolio Details
Insurance & Risk
Property Taxes
Loans & Financing
Leasing Status
How PropTrust Powers Your MPR
PropTrust's AI analyzes your imported data from AppFolio, insurance docs, and tax bills to automatically generate these insights
Generated December 1, 2024 • Data as of November 30, 2024
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PropTrust Monthly Performance Report
Sarah Johnson • Midwest Property Holdings
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