Verdant Thermostat Manager is here! Take control of energy and HVAC management. Learn More!

Multifamily Home

A multifamily home, also commonly referred to as a multifamily dwelling or MDU, can be a residential or commercial building designed to accommodate multiple separate living units within a single structure. MDUs can be apartments, condos, townhouses, or any...

Net Operating Income

Net Operating Income (NOI) is commonly used to assess the profitability of a particular property. NOI represents the total income generated by a property from its operations, minus operating expenses, however, excludes mortgage payments and income taxes. Net Operating...

Net Potential Rent (NPR)

Net Potential Rent (NPR) represents the maximum possible rental income a property could generate under full occupancy and optimal conditions. In other words, NPR considers the total potential rent from all units without accounting for any vacancies or losses due to...

Net Profit Ratio

The Net Profit Ratio is a profitability ratio used by hotel revenue managers to understand profitability after certain costs. It is a KPI that removes taxes to provide a more accurate picture of the relationship between net profits and net sales. A higher net profit...

Net Promoter Score (NPS)

The Net Promoter Score (NPS) is a valuable tool for assessing tenant satisfaction and gauging their likelihood to recommend a rental property or management services. Property managers typically ask tenants the following question: “On a scale of 0 to 10, how likely are...