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Market Rent Tab

Use this tab to define table values for increasing or decreasing rents based on market rents. Table values determine the variance percentage levels for increasing or decreasing rent. For example, if rent is 10% over market rent, increase by 2%. Use as many of the table entries to establish various variance levels and their corresponding percentage increase or decrease.

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Worksheet

Enter a brief name or code for the worksheet. For example, March.

Description

Type a brief description of the name or code entered. For example, March Renewals.

Market Rent Table

Pct of Market

Enter the percentage of market rent to use in the calculation.

Over/Under

Select whether the increase should be over or under market rent from the drop-down list.

Pct. Increase

Enter the percentage amount to increase rents by.

See Also

Increase Worksheets Overview

Using Table Values

Increase Worksheets Procedures

Increase Worksheets Tabs

 

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