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  • Rental Savings Details

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    Shihab Mohammed
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    This document shows a tenant's rent payments over several years compared to what rent would have been if it increased by at least 5% annually. The tenant's rent remained Rs. 11,500 per month. Compared to the actual increasing rent, the tenant saved Rs. 575 in the second year, Rs. 1,178.75 in the third year, and Rs. 1,812.69 in the partial fourth year. The total savings over the rental period was Rs. 26,483.07.

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    This document shows a tenant's rent payments over several years compared to what rent would have been if it increased by at least 5% annually. The tenant's rent remained Rs. 11,500 per month. Compared to the actual increasing rent, the tenant saved Rs. 575 in the second year, Rs. 1,178.75 in the third year, and Rs. 1,812.69 in the partial fourth year. The total savings over the rental period was Rs. 26,483.07.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    9 views1 page

    Rental Savings Details

    Uploaded by

    Shihab Mohammed
    This document shows a tenant's rent payments over several years compared to what rent would have been if it increased by at least 5% annually. The tenant's rent remained Rs. 11,500 per month. Compared to the actual increasing rent, the tenant saved Rs. 575 in the second year, Rs. 1,178.75 in the third year, and Rs. 1,812.69 in the partial fourth year. The total savings over the rental period was Rs. 26,483.07.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Actual Rent (If the rent would Your Monthly Your Annual Savings

    Rent Paid
    Rental Period have Increased by a minimum Savings against the against the Actual
    (Rs.)
    of 5% every year) Actual Rent (Rs.) Rent (Rs.)
    NOV 2020 to OCT 2021 ₹ 11,500.00 ₹ 11,500.00 ₹ 0.00 ₹ 0.00
    NOV 2021 to OCT 2022 ₹ 11,500.00 ₹ 12,075.00 ₹ 575.00 ₹ 6,900.00
    NOV 2022 to OCT 2023 ₹ 11,500.00 ₹ 12,678.75 ₹ 1,178.75 ₹ 14,145.00
    NOV 2023 to JAN 2024 ₹ 11,500.00 ₹ 13,312.69 ₹ 1,812.69 ₹ 5,438.07

    YOUR TOTAL SAVINGS AGAINST THE ACTUAL RENT: ₹ 26,483.07

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