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They are reported on a per square foot basis, along with the expected growth rate of the expenses: First step, determine what the projected expenses
They are reported on a per square foot basis, along with the expected growth rate of the expenses:
First step, determine what the projected expenses for the property will be for the next years.
Make sure to use formulas and cell references.
tableCategoryExpSFAnnual Growth,,,Property Taxes,InsuranceRepairs & Maint,All Other,TotalExpensesProperty Taxes,InsuranceRepairs & Maint,All Other,Total
For each of the tenants below, determine the expense amount on a per square foot basis that the tenant must pay and the landlord must pay for each of the next years. You MUST use formulas and cell references to calculate the answers. Make sure you take into account the type of lease each tenant has!
Tenant A Tenant has a GROSS lease
Tenant Pays psf
Landlord Pays psf
table
Tenant B Tenant has a Modified Gross lease they pay taxes and insurance
Tenant Pays psf
Landlord Pays psf
table
Tenant C Tenant has a Base Year Stop lease, is their base year.
tableTenant Pays psfLandlord Pays psf
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