Property Management Availability Calculator

May 7, 2008

I am working on a Property Management spreadsheet to track the availability of vacant units (and upcoming vacant units). I'm trying to write a formula to count the number of current units that are listed as vacant, so that I can ultimately report on the overall unit availability as of any given period (today, 15, 30, 60, 90-days out). All of the data in this spreadsheet is dynamic and each field can change at any time. There are also a lot of blank fields as well. I am using Excel 2003.

Here are the fields/data that I am using for my analysis:
Column A - (Reporting Period Dates): A2 = 5/20/08, A3 = 6/5/08, A4 = 6/20/08, etc.
Column B - (Unit Status: V=Vacant, O=Occupied): B2 = V, B3 = V, B4 = V, B5 = V, B6 = V, B7 = V, B8 = O, B9 = O, B10 = O, B11 = O, B12 = O, B13 = O
Column C - (M/O Date. These dates represent when the current resident will move out) - Cells C2:C13 contain dates for when each tenant will move out
Column D - (M/I Date. These dates represent when the future resident will move in) - Cells D2:D13 contain dates when the future tenant will move in

If my reporting period is 5/20/08 (cell A2), then I need to calculate how many Vacant units (B2:B13) I will have as of 5/20. The formula will need to count all of the current Vacant units (B2:B13), plus it will also have to take into account any Move Outs (C2:C13) during the reporting period. For example, let's say we have an Occupied unit that is scheduled to move out on 5/15/08. The cell will show this as "O" but the formula will need to determine if the M/O date is <= the Reporting Date of 5/20/08 (A2). If so, then Excel would count this unit as a Vacant for the period.

In addition to this, I also need the formula to look at upcoming Move IN dates (D2:D13). The formula will also have to determine if the MI date is <= the Reporting date (A2). If the MI date falls prior to the Reporting Date, then this unit should be considered as Occupied and should NOT be added to the total available units. NOTE - there are quite a few cells in column D that are blank and don't have MI dates. If there isn't a MI date, then the formula should assume that those units are Vacant if it is past the prior tenants MO date.
I'm assuming that Excel can handle multiple conditions like this, however, I am not smart enough to figure it out.

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