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How to Calculate Pro-Rata Rent

The calculation for working out the pro rata rent is actually quite simple, as you will see below.

It works like this:

Example:

A tenant is moving in on the 25th of September and the full rent is โ‚ฌ1,200. 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 โ‚ฌ197 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.

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