What a review does to income.
A worked example
Starting figures
- Current rent
- $1,750
- Increase
- 4.5%
- Years
- 5
What it returns
- New rent
- $1,828.75
- Rent in 5 years
- $2,180.82
- Extra income per year
- $945
How to read the results
With the defaults above, new rent works out at $1,828.75.