CALP Math Study Guide with Complete
Solutions
Total Rent/Type - Answer✔✔-Market Rent x #of units
Anual Market rent/Type - Answer✔✔-Total market Rent/type x 12
Total SF/type - Answer✔✔-square footage x #of units
Monthly rent per square foot - Answer✔✔-Market rent/ square footage
Effective Rent - Answer✔✔-(Market rent X #of months paying market rent) / 12 (months in lease)
Effective rent per square feet - Answer✔✔-Effective rent/ square footage
New leases per traffic - Answer✔✔-Leases from walk in traffic/ total walk in traffic
Cost per lease - Answer✔✔-Monthly marketing cost/number of new leases
Closing ratio - Answer✔✔-Leases closed/ traffic
Pre leases to NtV(notice to vacate) - Answer✔✔-Ntv units leased/ Notices in hand
turnover - Answer✔✔-Units moved out/ total units
Physical occupancy - Answer✔✔-total units at property/ units occupied
Leased occupancy/ Percent leased - Answer✔✔-Total occupied units
-units on notice to vacate
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