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Rent Collection Rate Calculator

Collection rate is the operational health check for any rental portfolio. This calculator tracks billed vs collected.

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Collection rate

98.22%

Net scheduled

$476,500

Collection gap

$8,500

How the math works

Collection rate = collected ÷ (scheduled − concessions). Gap = net scheduled − collected.

Track collection rate weekly in large portfolios. Even 100 bps of drift = material NOI loss. Best operators publish monthly rate as a KPI across the team.

How to Use

  1. Enter scheduled rent.
  2. Enter collected rent.
  3. Enter concessions given.
  4. Read collection rate.

Frequently Asked Questions

Healthy rate?

98%+ typical for institutional-grade. 95-97% for mid-market. Below 94% = operational concern. Trended monthly, not annually.

What counts?

Actual cash received. Exclude concessions (those are non-cash accounting). Include late fees. Subtract refunds. Net = what hit the bank.

Fixing drift?

Review delinquency list weekly. Call/email delinquent tenants by day 5. Late fees auto-applied. Eviction action by day 15-30. Small intervention early prevents big losses later.

What documentation matters here?

Written leases, move-in/move-out inspections with photographs, ledger entries showing every payment and charge, served notices with proof of service, and contemporaneous emails or texts. Courts weigh written evidence heavily; informal understandings rarely stand. Institutional operators run a monthly file audit to catch gaps before they matter. Good paper trails recover most of what's owed.

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