Increase amount (percentage method):
New monthly rent (percentage method):
New Rent = Current Rent + Increase Amount
Or, using dollar amount:
New Rent = Current Rent + Increase Dollar Amount
Increase percentage (from dollar amount):
Increase Percentage = (Increase Dollar Amount ÷ Current Rent) × 100
Total additional cost over lease term:
Total Additional Cost = Increase Amount × Lease Term
New annual rent:
New Annual Rent = New Rent × 12
Percentage increase over lease term:
Total Increase Percentage = (Increase Amount ÷ Current Rent) × 100
Rent increase cap compliance (e.g., 10%):
Is Increase Allowed? = Increase Percentage ≤ Rent Control Cap
Where:
Current Rent = Monthly rent before increase
Increase Percentage = Percentage applied to current rent
Increase Amount = Dollar amount of the increase
Lease Term = Number of months in the lease
Where:
Current Rent = Monthly rent before increase
Increase Percentage = Percentage applied to current rent
Increase Amount = Dollar amount of the increase
Lease Term = Number of months in the lease