Modeling Revenues

The cash inflows from leasing space and indirect revenues

The cash inflows of a property are a function of revenues from leasing spaces and other revenue sources like vending machine income or licensing signage.

Spaces and uses

In ReturnSuite, the term Space refers to an actual physical space (ex. Suite 201 or Floor 8), while the Uses refers to how the physical space is occupied (most often a lease to a tenant). This is an important distinction—allowing you to create much more robust models that reflect how properties are actually used.

Make sure to define both occupied and vacant spaces. There is an automatically updated total of gross leasable space at the bottom of the list.

Linking each space with a leasing rule will create forecasted leases when vacancies arise. By linking a vacant space with a leasing rule, ReturnSuite will treat the vacant space just like a space that has turned over. Spaces without leasing rules will remain vacant once their current use expires.

There are various input field options for usages to accurately build out each contracted or speculated tenancy.

Other revenues

Other revenues are sources of income which may be linked, but are not directly tied to specific spaces. For example, parking revenue may vary based on property occupancy levels.

Both uses and other revenues can be linked to schedules for modeling growth rates.

You can add, edit or remove any unlocked Spaces, Uses and Other revenues. If you are happy with the spaces, uses and other revenues, click continue at the bottom of the page to continue. You can always make changes later.