The calculation for working out the pro rata rent is actually quite simple, as you will see below.
It works like this:
A tenant is moving in on the 25th of September and the full rent is €1,200. This means that the tenant will occupy the unit for 5 days in the month. Your calculations would look like this: (1200 x 12)/365 x 5 = 197. This makes €197 your prorated rent.
If you are already an Acquaint client you can see a video on how your system automatically works this out for you here.
Stop Wasting Hours on Admin!
Join the other 700 Irish Property Professionals spending that time growing their businesses. Book a demo today!
We understand time is money, so demos only take 20mins : )