Professional real estate tool — Effective Rent Calculation (instant download).
$3.99
If you're serious about figuring this out, this tool helps you make your first move.
This spreadsheet calculates effective rent by taking face rent and adjusting it for concessions, free-rent periods, tenant improvement costs, commissions, and lease term structure. It shows the true economic rent instead of relying only on the quoted rent number.
It solves the problem of comparing leases that look similar on the surface but have very different economics once concessions are included. The model helps users see the real value of a lease and negotiate from a more informed position.
Landlords, leasing agents, tenant reps, investors, and property managers comparing lease offers or marketing space.