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Knowing what to charge for the home or apartment that you want to rent is important to getting a signed lease. Charging too much will scare off renters and price you right out of the marketplace, leaving you to pay for a vacant space. Charging too little may cause potential renters to b...
[Total Square Feet x Price per Sq Ft. ÷ 12 (months) = Monthly Rent] A similarly sized stand-alone building located one-half mile from that store may only be $11 per square foot. In this example, using an average price of $17 per square foot would be a safe assumption for a bus...
As an example, the average 7,000-square-foot lot in Monterey Park, California develops 3,000 square feet. This comes out to a land-to-building ratio of roughly 2.33. How do you calculate the land-to-building ratio of a multiple story office building? Each story of a building must be ...
As an example, the average 7,000-square-foot lot in Monterey Park, California develops 3,000 square feet.4 This comes out to a land-to-building ratio of roughly 2.33. How do you calculate the land-to-building ratio of a multiple story office building? Each story of a building must be...
Rent, bills and taxes As a rule of thumb the bigger the house, the more you have to pay in property taxes. If you rent, then rent and maintenance costs will be much higher as well. Utility bills such as gas and water bills also tend to be higher. You might be able to save more...
Price per square foot Breakdown of startup costs Monthly rental income Breakdown of monthly recurring expenses Occupancy rate Cash flow Cash on cash return Long term and short term rental comps The above metrics are available for both long term and short term rentals, so you can compare which ...
Office space: 75,000 square feetRental rate: $30 per square foot, annuallyGross potential income: 75,000 × $30 = $2,250,000 Income from vending machines: $25,000Accounting for the building’s net operating income might look like this: Gross operating income Rent, 75,000 sq. ft. at ...
Whether a broker is paid a portion of the rent or a fee per square foot will generally depend on the type of property. Retail, medical offices and industrial leases are usually paid based on a percentage of the rent. The rate is usually higher at the start of the lease and goes down ...
Rent the tools you need at Home Depot or buy used on craigslist. The Cost of the Door Another creative way to save money on your DIY storage shed is to opt for an inexpensive custom door. There is no sense paying for a pre-hung shed door that has the potential to cost in excess of...