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Updated about 5 years ago,

Jacob Chaney's profile image
Jacob Chaney's profile image
Jacob Chaney
  • Rental Property Investor
  • from Washington, Washington D.C.
  • Member since May 7, 2013
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User Stats

40
Posts
6
Votes
Jacob Chaney's profile image
Jacob Chaney's profile image
Jacob Chaney
  • Rental Property Investor
  • from Washington, Washington D.C.
  • Member since May 7, 2013
Connect
Jacob Chaney
  • Rental Property Investor
  • Washington, Washington D.C.
6
Votes |
40
Posts
Multi-Family and Apartment Investing

Lease Charges vs Market Rent Listed in Rent Roll

Jacob Chaney
  • Rental Property Investor
  • Washington, Washington D.C.
Posted

Hey everyone, I just received a rent roll from an apartment building I've been working on. The property managers have one column labeled 'Market Rent' with a dollar figure of $12,538.00 and a column labeled 'Lease Charges' with a dollar figure of $11,585.00.

Can someone more experienced than I tell me what the difference is between the two? I'm trying to figure out EXACTLY how much is collected in rents every month.

Thanks everyone!

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