The Property Tank Dashboard provides a multi-layered view of your Tax Position, Cash Position, and Forecast Comparisons across different levels; Total Portfolio, Portfolio, and Property Levels. This helps you track financial performance in real-time and compare actual figures against forecasts.
1. Total Portfolio View
At the Total Portfolio level, two key financial metrics are compared against forecasts:
Tax Position: Compares the total tax position of all taxable properties (i.e., those generating rental income) against their forecasts.
Cash Position: Compares the total cash position across all properties (both taxable and non-taxable) against their forecasts.
Visual Indicators:
Green values indicate the actual amount is better (lower taxable income or less cash needed than forecasted).
Red values indicate the actual amount is worse (higher taxable income or more cash needed than forecasted).
± Percentages are displayed to show how actual figures compare to forecasts.
2. Portfolio-Level Comparisons
You can also view forecast comparisons at the individual portfolio level. This allows you to assess the performance of specific groups of properties (e.g., properties held in a trust vs. individually owned properties).
Comparisons at this level are shown using red or green arrows to indicate whether the actual tax and cash positions are above or below forecasts for that specific portfolio.
Red arrow → The actual amount is higher than forecasted (worse tax/cash outcome).
Green arrow → The actual amount is lower than forecasted (better tax/cash outcome).
3. Property-Level Comparisons
At the individual property level, you can compare a single property's actual Tax Position and Cash Position against its forecasted values. This follows the same arrow-based indicators as the portfolio level.
Additionally, each property has a Rental Return Ratio, calculated as:
Rental Return Ratio = Rent Received / Market Value.
This ratio tracks against the annual forecast, with green or red arrows indicating whether the property is performing above or below expectations:
Green arrow → Rental return is exceeding the forecast.
Red arrow → Rental return is below the forecast.
Key Takeaways
Total Portfolio View compares all taxable properties (for tax position) and all properties (for cash position) against forecasts, with percentage indicators.
Portfolio-Level View compares tax and cash positions for specific portfolios, using green/red arrows to indicate variance from forecasts.
Property-Level View compares a single property’s performance against forecasts and includes the Rental Return Ratio, also tracked with green/red arrows.
By leveraging these insights, you can easily track tax obligations, cash flow trends, and rental performance across your entire property portfolio.