Financials

What Is a Rent Roll?

A rent roll is a point-in-time list of every unit or site in a property, with its tenant, rent, and status.

The rent roll is how you verify occupancy and confirm the rents a seller claims. A genuine rent roll has one row per site or unit; a unit-mix summary that lists categories ("60 sites at $450") is not the same thing and cannot be counted as occupied units.

Paired with the T-12, it turns a seller's story into verifiable numbers. Ask for it month by month to see seasonality. More in requesting the right financials.

Related terms

• T-12 (Trailing Twelve Months)
• Economic Occupancy
• Pro Forma

Part of the RVP Underwriter glossary of income-property underwriting terms. Browse all definitions, or put them to work with the free calculators.