Net Effective Rent Calculator
Net Effective Rent Calculator Equal to(BR) stands for base rent per month .Multiple (TERM)the lease term in months less than(N) the number of rent-free months in less than (TA)the contract the tenant cash allowance less than(OC) % the operational costs per month. Multiple(TERM) the lease term in months multiple 12 number of value divided to (TERM)the lease term in months.
The Formula us,
Net Effective Rent = BR * (Term – N) – TA – OC * Term] * 12 / Term
Let us consider,
- BR stands for base rent per month.
- Term is the lease term in months.
- N is the number of rent-free months in the contract.
- TA is the tenant cash allowance (in total).
- OC are the operational costs per month.
Calculate the Net Effective Rent
Net Effective Rent = BR * (Term – N) – TA – OC * Term] * 12 / Term
Stands for base rent per month.($200)
The lease term in months.($300)
The number of rent-free months in the contract.($500)
The tenant cash allowance (in total).($300)
The operational costs per month.(5%)
Net Effective Rent =$200*($300-$500)-$300-5(%)*$300*12/$300
Net Effective Rent is $59,199