Duration Pricing
Define pricing for lease durations less than or greater than 12 months.
Duration
Shortest lease term (months)
Longest lease term (months)
Offer month-to-month
(after lease contract fulfilled)Month-to-month premium
base rent
more per month
Pricing
Term Premiums
9 months
base rent
more per month
10 months
base rent
more per month
11 months
base rent
more per month
12 months
base rent
13 months
base rent
less per month
14 months
base rent
less per month
15 months
base rent
less per month
Formula Inputs
Average turnover time
Average turnover costs
Offer discounts for longer lease terms
(lease lengths greater than 12 months)Example Pricing
9 months
$1,171
17% more per month
10 months
$1,113
13% more per month
11 months
$1,057
5.7% more per month
12 months
$1,000
no premium
13 months
$1,000$943
no premium5.7% less per month
14 months
$1,000$943
no premium5.7% less per month
15 months
$1,000$943
no premium5.7% less per month