Financial Reports

Clear & comprehensive annual and monthly reports.

Financial Reports

At SDMG Property Management, we understand that transparency is not just a requirement but a cornerstone of effective property management. We believe that knowledge is power, and our monthly and annual reports break down all financial aspects, from income and expenses to cash flow and profit margins. This allows homeowners to track their investment’s performance over time and identify trends or areas for improvement. Here are the five essential financial reports we provide to homeowners:

1. Income Statement

This vital report details all income from your property, including rent, late fees, and additional sources like parking or vending. It breaks down operational expenses such as maintenance, management fees, and utilities. By showcasing your property’s profitability, the income statement helps you evaluate your investment’s efficiency and identify areas for improvement.

2. Balance Sheet

Our balance sheet offers a snapshot of your property’s financial health at a specific time, highlighting assets, liabilities, and equity. This report reflects your property’s total value and any outstanding debts, providing valuable insights for effective financial planning and growth opportunities.

3. Cash Flow Statement

This crucial statement tracks cash inflows and outflows, giving you a clear view of your property’s financial movement over a designated period. It helps you assess your liquidity, manage cash resources effectively, plan for future expenses, and make timely reinvestment decisions.

4. Accounts Receivable Report

We deliver a comprehensive overview of outstanding tenant payments, aiding you in tracking what is owed. This report includes payment dates, amounts, and notes on tenant communications. By helping you ensure timely collections, this report supports healthy cash flow and reduces the risk of delinquency.

5. Budget vs. Actual Report

This insightful report compares your projected budget to actual expenditures, offering a thorough analysis of your financial performance. It identifies areas of overspending or savings, allowing you to adjust your financial strategies. This proactive approach not only aids in current financial management but also helps in planning for future expenses and enhancing profitability.

happy older couple reading their rental financial reports
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