Property Information
Total properties in your portfolio
Average units per property
Average rent charged per unit
Used to calculate property value increase from NOI improvement
Bad Debt Reduction
Current percentage of revenue lost to bad debt (typically 2-5%)
Eve's Fraud Prevention
- Eve is our AI agent that conducts deep research on applicants and gathers additional information to identify and prevent fraud before it happens.
- Assumption: 66% reduction in bad debt through Eve's proactive fraud detection and verification
- Formula: Annual Rent × Current Bad Debt % × 66%
Occupancy Improvement
Your current average occupancy (typical: 90-96%)
Days from move-out to new move-in (typical: 25-40 days)
Time saved with automated screening (typical: 7-15 days)
Why Speed Matters
- 66% of renters apply to multiple properties (Zillow). Faster approval means you secure qualified tenants before competitors do.
Calculation Method
- Annual Vacancy Loss: Total Units × (100% - Occupancy %) × 365 days × Daily Rent
- Recovered Revenue: Improved lease-up speed reduces vacancy days, recovering lost rent
- Formula: (Total Units × Vacancy %) × (Days Reduced / Days to Lease) × Annual Rent per Unit
Labor Cost Reduction
The Hidden Cost of Manual Processing
- Applications require hours of back-and-forth: calling applicants for missing information, following up on documents, updating applicants on their status, and coordinating move-in details.
Percentage of units that lease per year (typical: 30-50%)
Average applications reviewed before signing a lease (typical: 2-4)
Staff time to process each application (typical: 3-5 hours)
Blended rate for leasing/admin staff (typical: $25-35/hr)
Calculation Method
- Annual Leases: Total Units × Turnover %
- Annual Applications: Annual Leases × Applications per Lease
- Current Labor Cost: Applications × Hours per App × Hourly Rate
- Savings: 100% of manual processing time eliminated through automation
Your Results
Bad Debt Savings
$0
Occupancy Improvement Savings
$0
Labor Cost Savings
$0
Total Annual NOI Increase
$0
Property Value Increase
$0
Want to Validate These Numbers?
- Run a Two Dots Acquisition Intelligence backtest using your own historical data to prove these projections.
- See exactly how our solution would have performed with your actual applications, approvals, and lease conversions.
- Contact us to set up your custom backtest analysis.