Net Effective Rent Calculator

Calculate the true cost of a lease after accounting for free rent, tenant improvements, and concessions — see beyond the face rent.

Investors Agents Lenders

Lease Term

mos

Base Rent / Month

Annual Rent Escalation

Free Rent Months

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Tenant Improvement Allowance

Leasing Commission

Other Concessions

Results

Face Rent (Total) —

Net Effective Rent / Mo —

Concession Cost —

Effective Discount —

Monthly rent over the lease term including free rent periods

How total lease cost is distributed across concession categories

Month	Scheduled Rent	Free Rent Adj	Net Rent	Cumulative Rent	Cumulative Concessions