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A gross lease allows the tenant to pay a fixed fee in exchange for exclusive use of the property. [3] [4] [5] Landlords typically calculate a rent amount that reasonably covers the cost of rent, standard utilities, and other expected and day-to-day expenses. [6] In a gross lease, the rent is primarily paid by the tenant.
The length of the lease is also a determinant of value (e.g., 20 years of guaranteed income will be worth more 10 or 15 year terms). Generous rental increases, also known as rent bumps, add value to the lease and protect the landlord against inflation. Some leases also have a percentage rent kick in if the tenant's gross sales hits a certain CAP.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.). In such a lease, the tenant or lessee is ...
While Xfinity’s standard plans start at $35 per month, its Internet Essentials program for lower-income customers offers download speeds up to 50 Mbps and free equipment for just $9.95 per month ...
A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square ...
The new platform launched under the brand xFi in May 2017. Comcast also unveiled the xFi Advanced Gateway, a new router designed to facilitate faster Wi-Fi speeds, including support for 802.11ac Wave 2, as well as internal support for Bluetooth Low Energy, Thread, and Zigbee for finer integration with Internet of things devices, and support for ...
“A one-bed room condo costs around $1,250 a month.” Tucson’s median home price is $340,000. “With a combination of students, retirees and professionals, you’ll usually locate a person ...
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related to: xfinity xfi gateway rental cost calculator estimate per square foot for lease