Overview

In this article, we will review move out history.

Move-Out History

The Move-Out History sheet uncovers valuable insights into average move-out rates compared to move-in rates, enabling a more detailed revenue analysis

• Navigate through monthly move-out trends and compare them with the average move-in rates using the Move-Out Rate Summary chart.
• Monitor Replacement Rent, a vital performance metric that assesses the effectiveness of new move-ins in compensating for the revenue lost due to departures.
• Comprehend the broader picture with a pivot table presenting monthly move-out counts, average move-in/out rates, and replacement rent percentage.

Layout Tips

• Use the left panel to apply filters by Room Type or Care Type, offering a granular look into how different categories impact the replacement rent data.

Questions to Get Started 

Is the trend of replacement rent rising or declining?

• To identify the trend in replacement rent, refer to the 'Replacement Rent' chart on the right. If the bars are growing taller over time, the trend is increasing; if they're getting shorter, it's declining. 

Is a particular care type significantly affecting the replacement rent data?

• To examine whether a specific Care Type disproportionately influences the replacement rent data, select each Care Type from the left panel and observe the 'Replacement Rent' chart. If the chart becomes noticeably more negative for a particular Care Type, that category may be significantly skewing the data.