Loss of Rent Calculator

Calculate Loss of Rent



Formula

The formula to calculate the Loss of Rent (LOR) is:

\[ LOR = MR - AR \]

Where:

Loss of Rent Definition

Loss of Rent is the difference between the market rent and the actual rent charged for a unit. It represents the potential income lost due to charging less than the market rate.

Example Calculation

Let's assume the following values:

Using the formula to calculate the Loss of Rent (LOR):

\[ LOR = 1500 - 1200 = 300 \]

The Loss of Rent (LOR) is $300/month.