Atlas tracks each of your properties with its mortgage, costs, rent and value over time — consolidated into dedicated figures: equity, cash flow, yield.
Adding a property
Open Real Estate in the sidebar, then New property. The form is 3 steps.
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Basics
- Property type among 9: Primary residence, Secondary residence, Rental property, Condo, Duplex/Triplex, Cottage, Land, Commercial, Other.
- Name (required), address (optional), property value (required), acquisition date (optional).
- Co-owners: 1 to 4. Beyond one, Atlas asks for each share and checks they sum to 100%.
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Finances — all optional, leave at 0 what doesn't apply: down payment, annual taxes, monthly condo fees, other monthly costs, rent received.
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Mortgage — if there is one: balance, rate, monthly payment.
The figures
The page shows 3 cards: Property wealth (equity), Monthly cash flow, Net yield. A property's page adds:
- Gross value — today's declared value.
- Total debt — the mortgage balance in full, not your share.
- Rental income, monthly and annual.
- Expenses, monthly and annual: taxes, condo fees, management, mortgage payment.
- Monthly cash flow = rent − (payment + condo + monthly taxes + management). Red when negative.
- Net yield = annual cash flow / property value. Above 5%, a rental is solid.
- Gross yield = (rent × 12) / property value. Useful for comparing two properties before costs.
The page also breaks performance down line by line — income, operating costs, debt service, net cash flow — and estimates the principal / interest split of your payment.
Tracking value over time
From the property, Update value lets you enter a new estimated value, a new mortgage balance, and a date. Atlas derives your equity and records it.
The mortgage shows up in your debts
Any mortgage entered on a property is replicated into My debts and credits with a "Linked" badge. It counts in the payoff optimiser but is not editable there — a button takes you back to the property, which remains the source.