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RUBS Help, Factoring the Number of occupants into Ratio
Hello everyone, Im sure this question has been answered however I cannot find it even after searching.
Im trying to figure out how to calculate RUBS in a small 2 Family home.
My issue is I have found spreadsheets however, they are all password protected. I even tried to buy one which did not work out as planned.
I just want to properly calculate the Ratio and also factor in the # of occupants to get the most accurate number as possible.
Can anyone lead me in the right direction?
Thanks in advance
Most Popular Reply
I can email you a spreadsheet I use if you send me a PM here..
Otherwise it works basically like this:
- Calculate, for both units: the number of tenants * number of days tenants lived there. this gives you "tenant days in this unit"
- Add up the total number of "tenant days" for both units
- Divide the bill up by each unit's tenant days by the total tenant days. It sounds a little weird to do it this way, but when you have a water bill that spans multiple months, and tenants move out/move in over that period, it helps allocate the bill somewhat fairly
Unit 1:
2 tenants (A&B) lived there 15 days then moved out. Was vacant for 5 days, then 1 tenant (tenant C) lived there for 10 days.
Tenants A&B = 15*2 = 30 tenant days
Tenant C: 1*10 = 10 tenant days
Unit 2:
1 tenant (tenant D), lived there 30 days 1x30 = 30 tenant days
Building Total:
Total tenant days: 30+10+30 = 70 tenant days
Water bill: $100
Amounts owed:
Tenant A&B owes: $100* (30/70) = 42.85
Tenant C owes: $100*(10/70) = 14.29
Tenant D owes: $100*(30/70) = 42.85
And to double check: 42.85+14.29+42.85 = 99.99.. I guess allocate the extra 0.01 to someone.