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A Guide to Monitoring Expenses, Income, and Rental Performance with Landlord PRO

With Landlord PRO, landlords can track expenses that are incoming and outgoing, review income based of payments received, and review all rental performance.

For more information, see below:

How to Track Payments Received Through RentSpree

1. Click the Transactions tab under the Finance section

2. All payments collected through RentSpree are automatically logged under the Transactions page for each rental unit.

  • For any transactions outside of RentSpree, landlords can manually add income and expenses to their dashboard to track rental performance. 

How to Manually Enter Expenses & Income for Property Listings

1. Under the Finance tab click the Transactions button

2. Once on the Transactions page, click Add Transaction

3. Once on the Add Transaction section, enter information such as Transaction name, Transaction type, and other information about the transaction

4. Once added, the transaction will appear on the Transaction page where you may Edit, Split, or Delete the transaction

How to Monitor Rental Performance

Please note a Landlord PRO subscription is needed to review the Rental Performance metrics and information.

1. To view the performance or your rental listing, click the Performance button under the Finance section

2. Once on the Performance page, you can Date Range & Property you wish to find information such as:

  • Cash Flow: Amount of profit generated by your property
  • Income vs. Expenses: This metric compares the total income to the total expenses associated with your property
  • Cap Rate: Ratio of your property's annual net operating income (NOI) to its current home value
  • Gross Rental Yield: Measures the annual return on your property
  • Home Value: RentSpree’s estimate of the property price in the market. It is not an appraisal. Use it as a starting point to determine the home’s value.

    RentSpree’s home value estimate is for informational purposes only, drawing on data from various sources. It is not an appraisal and should not be considered as such. The actual sale price may vary significantly from this estimate.