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A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
Commercial property vacancy rates can ebb and flow with the shifting economy in various cities, states, and nations. In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4]
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Housing costs continue to be a major concern for many Americans, with rent prices high and only getting higher. According to RentCafe, the average American now spends $1,748 on rent each month.
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For example, if two properties have a potential income of $15,000 if they are all filled to maximum occupancy, and the average vacancy rate of the properties in cash is $1,250 (the sum of the rent that is not coming in by the vacancy in the properties). The average vacancy rate is then subtracted from the potential income from renting the ...
According to the SDAT, the average residential property increased in value by 25.6%, while commercial properties rose 17.6% over the three years since the last assessment.
for owner-occupiers, as a small percentage (4–6%) of the capital accrued in the property; for public housing tenants, as the difference between rent paid and the average rent for a similar property in the same location; for those living rent-free, as the estimate of the rent they would have to pay to rent a similar property in the same location