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:

  1. First, determine the property value ($). In this example, the property value ($) is given as 150000.
  2. Next, determine the ownership share (%). For this problem, the ownership share (%) is given as 30.
  3. 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)