Rent Increase Calculator
Parameter | Description | Example Value |
---|---|---|
Current Rent | The current monthly rent amount. | $1,200 |
Increase Percentage | The percentage increase in rent. | 5% |
Increase Amount | The amount by which the rent is increased (Current Rent * Increase Percentage). | $60 |
New Rent | The new monthly rent amount after the increase (Current Rent + Increase Amount). | $1,260 |