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Results
Net Effective Monthly Rent
Total Rent Paid Over Term
Total Value of Concessions
Calculation Principles & Formulas
Net Effective Rent (NER) is the average monthly rent paid over the lease term after deducting all free rent periods and cash concessions.
[Formula]
NER = (Total Rent - Total Concessions) / Lease Term
Where:
Total Rent = Base Monthly Rent × Lease Term
Total Concessions = (Base Monthly Rent × Free Months) + Other Cash Concessions
Note: This calculation is for reference only; actual lease terms may vary.
