What are the different ways to analyze rents?
Rent Survey – A rent survey is a survey of current rent of competing and proximate properties similar to the subject. They determine the market rent for each specific unit type. Rent Roll – The rent roll shows who occupies what unit in the building and how much rent they pay, and often show projected rents on vacant units, move-in and move-out dates, security deposit amounts, and other information. Current Rent – Current Rent is the amount that each tenant is currently paying for his or her unit. Current rent of the property is the sum of the individual units current rent plus any additional income. Street Rent – Street rent is the current price the landlord is asking for any specific unit type. Street rent is often the same as market rent, but sometimes street rents are seen at levels above or below market levels. Stabilized Rent – Stabilized rent is the total demonstrated or “proven” rent that would be collected if all units were rented at the current street rents. Market Rent – Mark
