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Extracting data from rent rolls

Property managers export rent rolls from their management software, each in its own columns and order. Multifamily lenders, buyers and appraisers collect a current one for every property they underwrite, as a PDF from the owner, the broker's offering memorandum or a data room.

Underwriting needs each unit's type, status, square footage and rent, along with occupancy and total rent. The underwriting model builds gross potential rent and vacancy from those, and sizes the loan against the resulting net operating income.

Page 1 of a sample Rent Roll, with extracted values outlined
2,877Markdown characters
168parse blocks
184fields extracted
The problem

What makes rent rolls hard

Every row looks alike

A rent roll runs one row per unit, and each value has to stay with its unit through dozens or hundreds of near-identical rows.

Two values in one cell

Columns often combine fields, such as bedrooms and bathrooms printed together as 3/2.00, which a schema needs as separate numbers.

Each software exports its own

Property management systems each export different columns in a different order, from a bare unit list to full lease and deposit detail.

How it works

Parse, extract, verify

1

Parse

Parse turns the document into reading-order Markdown and a hierarchy of blocks (text, tables, figures), and grounds each block to its exact location on the page.

2

Extract

You define the fields in a JSON schema, and Extract returns their values in a consistent, structured format, each linked back to where it appears in the Markdown.

3

Verify

Each value links back to where it appears, down to the character range in the Markdown, and the page and bounding box in the source document, so every result can be verified.

Worked example

One rent roll, end to end

About this document: The rent roll page from a broker's offering memorandum for a 25-unit apartment property in Washington State, published on the broker's site. One landscape page: a header with the property, a table of unit rows and a totals row. Page 1 is featured. The page lists units and rents only.

Processing objective: The objective is to read the totals row as one summary of the property: how many units, how full, how much space and how much rent. Each total grounds to its own cell, and the unit rows above it add up to the rent and area printed there.

Demonstration fields: Total units, Occupancy, Total square feet, Total monthly rent

The document

1 page
  • Page 1 of the sample Rent RollPage 1shown below

Where each value came from

Page 1 of the sample Rent Roll, with every featured field outlined
Total unitstotals.total_units
25
The region of the sample Rent Roll containing Total units, with the extracted value outlined
extraction_metadata["totals.total_units"]
{
  "value": 25,
  "page": 1,
  "range": {
    "end": 2690,
    "start": 2682
  },
  "box": {
    "xmin": 0.16161,
    "ymin": 0.83565,
    "xmax": 0.27493,
    "ymax": 0.86916
  }
}
Occupancytotals.occupancy_percent
100
The region of the sample Rent Roll containing Occupancy, with the extracted value outlined
extraction_metadata["totals.occupancy_percent"]
{
  "value": 100,
  "page": 1,
  "range": {
    "end": 2716,
    "start": 2708
  },
  "box": {
    "xmin": 0.38194,
    "ymin": 0.83557,
    "xmax": 0.50196,
    "ymax": 0.86916
  }
}
Total square feettotals.total_square_feet
23,760
The region of the sample Rent Roll containing Total square feet, with the extracted value outlined
extraction_metadata["totals.total_square_feet"]
{
  "value": 23760,
  "page": 1,
  "range": {
    "end": 2731,
    "start": 2725
  },
  "box": {
    "xmin": 0.50195,
    "ymin": 0.83553,
    "xmax": 0.60397,
    "ymax": 0.86915
  }
}
Total monthly renttotals.total_monthly_rent
22,280
The region of the sample Rent Roll containing Total monthly rent, with the extracted value outlined
extraction_metadata["totals.total_monthly_rent"]
{
  "value": 22280,
  "page": 1,
  "range": {
    "end": 2747,
    "start": 2740
  },
  "box": {
    "xmin": 0.60395,
    "ymin": 0.8355,
    "xmax": 0.69761,
    "ymax": 0.86915
  }
}

How to try it yourself

Everything on this page is reproducible. The sample, its schema, and the Parse and Extract API outputs are published. You can repeat the same two calls from whichever surface you already build on.

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Why LandingAI?

Documents into data

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The best accuracy on the difficult documents other tools get wrong, such as messy scans, complicated tables, checkboxes and handwriting.

Auditable

Every answer cites its sources. Values come back with an audit trail (page, bounding box, character range) so a human can review them.

Agentic

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Capabilities

Rent Roll processing highlights

Every unit row
Unit type and bed/bath split
Occupancy status
Square footage per unit
Monthly rent per unit
Other charges
Totals row and occupancy
Property name and address
Long repeating tables
Rows that sum to totals
No per-software templates
Bounding box for every value
FAQs

Questions, answered

Yes. Define the units as an array in your schema. Every row comes back as its own entry with its type, status, area and rent, for as many units as the rent roll lists.

Yes. Give bedrooms and bathrooms their own fields in the schema. A cell that prints both together, such as 3/2.00, comes back as two separate numbers on each unit's entry.

Yes. Unit rents and areas come back as numbers alongside the printed totals, so the rows can be summed and compared. A mismatch points straight to the rows to review.

Every extracted value carries the character range it was quoted from in the parsed Markdown. The Ground API maps that range to a page and a bounding box, so a reviewer sees each value in the cell that printed it.

Start extracting rent roll data

Reliable, structured outputs with full traceability in minutes