Enter the market rent ($/month) and the actual rent ($/month) into the Calculator. The calculator will evaluate the Loss of Rent. 

Loss Of Rent Formula

LOR = MR - AR

Variables:

  • LOR is the Loss Of Rent ($/month)
  • MR is the market rent ($/month)
  • AR is the actual rent ($/month)

To calculate Loss of Rent, subtract the actual rent charged by the market rent for the unit.

How to Calculate Loss of Rent?

The following steps outline how to calculate the Loss of Rent.

  1. First, determine the market rent ($/month). 
  2. Next, determine the actual rent ($/month). 
  3. Next, gather the formula from above = LOR = MR – AR.
  4. Finally, calculate the Loss of Rent.
  5. After inserting the variables and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

market rent ($/month) = 3000

actual rent ($/month) = 2000