![]() While unrealistic, for purposes of this exercise, we’ll assume that all rental lease commitments are on a 12-month basis. ![]() The residential building has a total of 100 units available for rent, with each unit priced at the same monthly rate of $4,000. Suppose the property manager of a residential building is attempting to determine the expected vacancy loss in anticipation of the upcoming year, 2023. We’ll now move to a modeling exercise, which you can access by filling out the form below. ![]()
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