Your figures
Exclude separately entered recoveries. Keep all amounts on a consistent GST basis, normally excluding recoverable GST.
Include all annual property operating costs and any owner land tax. Exclude finance, capital works and incentives. Enter 0 if there are none.
Extra payments in addition to the rent entered above. Enter 0 if that rent already includes recoveries. Check what is recoverable under the lease and local law.
Enter an independently assessed market cap rate. Advertised rent-to-price ratios are not cap rates. No market rate is assumed.
The price alone is the denominator for standard yields. Buying costs are shown separately.
For example duty, legal and acquisition costs. Used only for the separately labelled yield including buying costs.
Potential annual face rent from vacant space only. Leave at 0 when fully occupied.
Reduces only the additional vacant-space rent. It does not reduce existing contract rent.
Unpaid rent incentives deducted once below the capitalised income value. Face rent above must be before incentives.
Capital expenditure deducted once below the capitalised income value. Exclude it from annual outgoings.
Deducted once below the capitalised income value. Exclude income loss already allowed for in the vacant-space scenario.
Your estimate
Turn commercial income into a clear scenario
Choose value at a cap rate, or yield at a known price. Add annual rent and operating costs to see the income left for the owner.
Start with your figures
Manual use is free. Optional market evidence is available with every active subscription. Keep amounts on the same GST basis.
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