Rental income not received
The rent you could likely achieve now, divided by 365 and multiplied by the number of vacant days.
See what waiting for a higher rent could cost you. Compare leasing now at a rent supported by the current market with leaving the property vacant and trying to achieve a higher amount.
The rent you could likely achieve now, divided by 365 and multiplied by the number of vacant days.
Total area multiplied by the annual service charge rate, then prorated for the vacant period. The annual charge remains payable whether the unit is occupied or vacant.
Optional costs you continue paying while the property is vacant, such as DEWA or district cooling, prorated for the vacant period.
The 12-month comparison assumes the property is leased immediately at the rent you could likely achieve now, or remains vacant for the entered period and then leases at the higher rent. It is an estimate and does not predict how quickly a tenant will be secured.
I can review relevant rental evidence, competing listings and the property’s condition before you decide whether to hold the asking rent or adjust it.