This calculates the scheduled rental income for a multi-unit building where the units are standardized (e.g., apartment building).
Describe a unit (e.g., 2 BDRM). Enter the rent for 1 unit. Enter the number of units of the same type. Repeat for each type of unit.
Use no commas nor dollar characters.
ExampleYou have a small apartment building with 10 3-bedroom units that rent for $1,140/month, 15 2-bedroom units that rent for $970/month, and 25 1-bedroom units that rent for $825/month. What is the total scheduled rent per year (potential rental income)? $558,900 |