All Topics / Finance / Formula for comercial

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  • Profile photo of lighthouselighthouse
    Member
    @lighthouse
    Join Date: 2004
    Post Count: 5
    April 2, 2004 - 1:09 pm

    Is there a basic formula (like the residential rent /2*1000) for comercial properties?????? and what is the normal interest rates for finacing for comercial properies???

    Profile photo of FFCommFFComm
    Member
    @ffcomm
    Join Date: 2004
    Post Count: 627
    April 4, 2004 - 3:00 pm

    Commercial is differnet because the price is determined by a big part on wether there is a paying tennant, as well as how long their option on the premises is (as well as how rent increases are worked out (specified in the contract)); so there is no real formula – you have to crunch the numbers.

    Rgds.
    Lucifer_au

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