The time value of money is not considered in these calculations (Also, please do not use commas in any of the fields when inputting numbers.)
2 (a) Rental layers by annual rate
or (b) Rental layers by month
3) Lease inducement or improvement allowance paid at commencement of the lease:
Total $ Value =
4) Free Rent provided to tenant: months
Click here if all free rent provided in the first year. (Otherwise the calculation assumes free rent at the average lease rate for the term)
*** All rent here is basic rent excluding any taxes, maintenance for common area and/or management fees which are normally born by the tenant in commercial properties.
Result:
The net effective rate for the above lease is: $