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Calculate yearly rent with escalating rate or flat rate w/diff starting year

  1. #1
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    Calculate yearly rent with escalating rate or flat rate w/diff starting year

    I'm trying to get Excel to calculate rent cost based on possible escalating rate. So it's possible that on a 10 year lease, rent goes up annually by 10%.

    Rent: $10.00/sq ft
    Escalation Type: Annual
    Escalation Rate: 10%
    Year 1: $10.00/sq ft
    Year 2: $11.00/sq ft
    Year 3: $12.10/sq ft
    .
    .
    Year 10: $23.58/sq ft

    It's also possible that rent goes up annually but doesn't start until a specified length into the 10 year lease.

    Rent: $10.00/sq ft
    Escalation Type: Annual
    Escalation Rate: 10%
    Escalation Start: Year 3
    Year 1: $10.00/sq ft
    Year 2: $10.00/sq ft
    Year 3: $11.00/sq ft
    Year 4: $12.10/sq ft
    .
    .
    Year 10: $17.72/sq ft

    Also would like the possibility that the escalation is a flat rate rather than annualized. So rate goes up once but stays that rate through end of 10 year lease.

    Rent: $10.00/sq ft
    Escalation Type: Flat
    Escalation Rate: 10%
    Escalation Start: Year 3
    Year 1: $10.00/sq ft
    Year 2: $10.00/sq ft
    Year 3: $11.00/sq ft
    Year 4: $11.00/sq ft
    .
    .
    Year 10: $11.00/sq ft


    I've got the annualized formula down. But I need to add the option if it's annual vs Flat rate. See attached sample spreadsheet. You'll see two tables (payment schedules) but I'd like all this to be on just one payment schedule table based on the data inputted in the "Basic Lease Infomation" table. Any help you can provide would be appreciated. Thanks.
    Attached Files Attached Files

  2. #2
    Forum Expert p24leclerc's Avatar
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    Re: Calculate yearly rent with escalating rate or flat rate w/diff starting year

    try this formula in cell E16
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    and copy it across the year till cell M16
    Pierre Leclerc
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  3. #3
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    Re: Calculate yearly rent with escalating rate or flat rate w/diff starting year

    By the great beard of Zeus, it worked. Thank you very much for your help.

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