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All Topics / Finance / Formula for comercial
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???
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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