There are two ways expenses can be input. The first is in $ per RSF. The second is in $ per month or $ per year.
In the above example, you'll see that Electricity is input as a $ per RSF expense. In this instance Electricity is expected to cost $2.50/rsf/year, beginning in month 1 and inflating at 3.0% annually.
Then, the tenant also has several fixed expenses.
The first is Unreserved Parking. This example includes 20 unreserved spaces, at a rate of $50.00 per space, per month. This is input as follows:
The next is Reserved Parking. In the above example, the tenant also has 5 reserved spaces at a cost of $100.00 per space, per month. This is input as follows:
The final Fixed Expense is an annual Storage Expense of $1,000 per year. This is input as follows:
The RSF Expenses and Fixed Expense Inputs allow for a variety of expenses to be input and analyzed in seconds. Please contact us directly if you have questions regarding this feature.