Net Effective Rent Calculator
Parameter | Description | Example Value |
---|---|---|
Monthly Rent | The total monthly rent for the property. | $2,000 |
Lease Term (months) | The total length of the lease in months. | 12 months |
Total Rent Concessions | The total value of any rent concessions (e.g., free rent periods) over the lease term. | $2,000 |
Net Effective Rent | The effective monthly rent after accounting for rent concessions ((Monthly Rent * Lease Term) – Total Rent Concessions) / Lease Term. | $1,833.33 |