How it is calculated
- The increase compounds: each year’s rent = the previous year’s rent × (1 + the increase).
- Total for the term = the sum of each year’s rent × 12 months.
- The rate and when it applies are set by the written lease between owner and tenant.
FADx Rent does this on every lease and deal automatically
Leases, collections, arrears, owner accounts and commissions for a rental agency, in the browser and on the phone.
Explore FADx RentCommon questions
Is the increase on the original rent or the latest rent?
This calculator applies it to the latest rent (compounding), which is the usual wording. If your lease says the original rent, the increase is a fixed amount each year.
How do I keep track of each lease’s increase date?
In FADx Rent you enter the yearly increase on the lease once, and each year’s charges are generated at the new amount.
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