Enter the property value ($) and the ownership share (%) into the calculator to determine the Shared Ownership Rent.

## Shared Ownership Rent Formula

The following formula is used to calculate the Shared Ownership Rent.

**SOR = V*.03*OS/100**

- Where SOR is the Shared Ownership Rent ($/year)
- V is the property value ($)
- OS is the ownership share (%)

## How to Calculate Shared Ownership Rent?

The following example problems outline how to calculate Shared Ownership Rent.

**Example Problem #1:**

- First, determine the property value ($). In this example, the property value ($) is given as 150000.
- Next, determine the ownership share (%). For this problem, the ownership share (%) is given as 30.
- Finally, calculate the Shared Ownership Rent using the equation above:

SOR = V*.03*OS/100

The values given above are inserted into the equation below:

SOR = 150000*.03*30/100 = 1,350 ($/year)

**Example Problem #2: **

The variables needed for this problem are provided below:

property value ($) = 250000

ownership share (%) = 75

Entering these values and solving gives:

SOR = 250000*.03*75/100 = 5,625 ($/year)