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There are several other lease attributes that must be considered in order to accurately define the income stream. Take a minute or two to become familiar with how these work.
 Enter Other Income
Use this entry to add any "Other" income to this tenant. This could be parking revenue, laundry, late fee averages, or storage fees. Make your entry in whole dollars. The model does not automatically increase these amounts year over year. You must do that manually if you want to increase, or "grow" this amount.
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 Enter Discounts and Concessions
Use this entry to add any discounts or concessions to the lease amount. A concession might be given to a tenant as inducement for them to resign a lease, or for some other reason. This amount is deducted from the unit revenue.
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 Enter Tenant Improvements
Use this section to enter any tenant improvement expenses that you will be making to the unit. If you make an entry less than $100.00, the model assumes that you mean dollars per square foot and will do the appropriate calculations. Any entry over $100.00 the model will treat as actual dollars.
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 Month Placed in Service
Enter the month of the year that the improvements are placed into service. This number is used to calculate amortization of the expense.
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 Real Estate Commissions
Enter the amount in dollars for real estate leasing commissions (if any) as in the example above.
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 Month Commission is Paid
Enter the month of the year that the real estate leasing commission is paid. The model uses this number for amortization of the expense.
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 Months to Capitalize Commission
Enter the total number of months to capitalize the leasing commission. This number is the number of months that the commission "covers". The model uses this number to calculate amortization of the expense. In the example above, the commission is $1,757.04, paid in January of the year, and covers 12 months of commissions.
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