How to increase the rent by a percentage

In the RENT INCREASE input section you can use the Annual Percentage Rent Increases section. Enter the amount of increase example 3.5% and LseMod will fill in the Amount Subject to Increase and the dates for you, which of course you can change if necessary. We have included a second Annual Percentage increase if you need it.

Each of the % increases are applied annually.  Rent is increased annually at a compound rate based on the dates and the amount subject to increase.

In the first section, the percentage typically is applied to the base rent input in RENT ASSUMPTIONS.  It does NOT apply to the Fixed Increases below this input section.

Why are there 2 percentage increases?  You may have a 10-year lease where the rent goes up 3% for the first 5 years, then 5% for years 6 - 10.  The 2nd percentage increase is used for the 5% increase. Use the Increase Ends inputs to end the first increase before starting the 2nd increase.

Increase Ends - rent will remain flat after this date with no additional increases.  If the Increase Ends date is before the Increase Starts date, the Increase Ends date is ignored and the increase will continue through the balance of the term.

Related Topics:

How to re-set the rent increase formulas

How to include a % rent increase starting the beginning of the 3rd year

How to see the rent costs monthly

How to see the actual rent on a per month basis

Applies To:

	Silver Series		Gold Series		Specialty Programs
ü	LseMod Tenant Rep	ü	LseMod Pro	ü	LseMod Condo
ü	LseMod Industrial	ü	LseMod Purchase	ü	LseMod Commission
ü	LseMod Landlord	ü	LseMod Sale Leaseback		SpacePro
ü	LseMod Buy
ü	LseMod Sublease
ü	LseMod Retail
ü	LseMod Economic Development