Capital Improvements Rent Increase Calculator Instructions
Publish Date: Aug, 01 2014
The Capital Improvements Calculator is an Excel worksheet designed to calculate the allowable amount of the rent increase, the allowable amortization period and the correct rent increase percentage.
Capital improvements are improvements to a covered unit or common areas. These improvements add to the value of the property. They also prolong its useful life or adapt it to new building codes. Those improvements must primarily benefit the tenant rather than the owner.