Real Estate Debt Tracking Dashboard: What to Include
rnDebt is one of the biggest risks in real estate investing. A real estate debt tracking dashboard provides visibility into your loan portfolio so you can proactively manage risk.rnrnThere's no good place in property management systems such as Yardi, Entrata or AppFolio to track various loans and maturity dates. There are systems built only for loan tracking, such as
Loan Boss, and
JLL's debt management system, most companies we know track their loans in Excel files. Excel's flexibility for the dynamic nature of loan management is a clear winner. And it also has downsides.rnrnIn this article we discuss key information to track in a Debt Tracking Dashboard in order to avoid surprises and expensive mistakes when it comes to managing your loans.
Key Metrics to Include
rnOur
Debt Dashboard helps visualize more than 10 loan-related metrics. Here are some of the essential ones:
- Loan Maturity Schedule
- Debt Service Coverage Ratio (DSCR)
- Interest-Only Period End Dates
- Lender Exposure
- Refinance Opportunities
Benefits of a Real Estate Debt Tracking Dashboard
- Avoid surprises by seeing when loans mature
- Track lender concentration and risk exposure
- Plan refinances and interest-only transitions ahead of time
Compatible Systems
rnSome lenders offer APIs that can be used to update the Excel spreadsheets. An example is Chatham Financial. Several RentViewer customers use
Chatham Financial for at least some of their debt landscape.rnrnThis page contains an overview and explainer video for one of our offerings for a real estate debt tracking.rnrn📊
View the Debt Tracking Dashboard