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Rent Magic Software: Commercial and Residential Property Management Software

Complete and Effective Software Solutions
for the Property Management Industry
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 The following chat shows rent collected by month:

  • for a rental of $1000
  • a rental increase of 0.8% in the month specified in the row headers for 2014.
  • a rental increase of 1.6% in the month specified in the row headers for 2015.

For the period July 2014 until December 2015:

  • It is better to perform rent increases right away for those with increases in July and August.
  • You make the same amount of money for increasing in September as you do for pushing the increase off until January (when there is a higher increase allowed).
  • For those with increases in October, November of December, it is better to push the increase off until January.
   

Increase Month

    July August September October November December January

Rent Collected

Jul-14 1008 1000 1000 1000 1000 1000 1000
Aug-14 1008 1008 1000 1000 1000 1000 1000
Sep-14 1008 1008 1008 1000 1000 1000 1000
Oct-14 1008 1008 1008 1008 1000 1000 1000
Nov-14 1008 1008 1008 1008 1008 1000 1000
Dec-14 1008 1008 1008 1008 1008 1008 1000
Jan-15 1008 1008 1008 1008 1008 1008 1016
Feb-15 1008 1008 1008 1008 1008 1008 1016
Mar-15 1008 1008 1008 1008 1008 1008 1016
Apr-15 1008 1008 1008 1008 1008 1008 1016
May-15 1008 1008 1008 1008 1008 1008 1016
Jun-15 1008 1008 1008 1008 1008 1008 1016
Jul-15 1024.128 1008 1008 1008 1008 1008 1016
Aug-15 1024.128 1024.128 1008 1008 1008 1008 1016
Sep-15 1024.128 1024.128 1024.128 1008 1008 1008 1016
Oct-15 1024.128 1024.128 1024.128 1024.128 1008 1008 1016
Nov-15 1024.128 1024.128 1024.128 1024.128 1024.128 1008 1016
Dec-15 1024.128 1024.128 1024.128 1024.128 1024.128 1024.128 1016
   Total 18240.77 18216.64 18192.51 18168.38 18144.26 18120.13 18192
Affect of pushing increase off until January -48.77 -24.64 -0.51 23.62 47.74 71.87

 

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ontario british columbia bc alberta saskatchewan canada commercial residential