Tango Connect 2022

LEASE - Getting the Expense Reconciliation Right

Issue link: https://resources.tangoanalytics.com/i/1487535

Contents of this Issue

Navigation

Page 24 of 27

©2022 Tango CONFIDENTIAL - Not for publication or distribution Tango | RECONCILIATIONS RECONCILIATION SUMMARY- YEAR 2 25 2021 Tenant Calculated Section: Controllable Expenses calculated at CAP Amount (less than Actual) $54,000 plus 5%= $56,700 CAP Admin Fee calculated as: ($7,792.50+$4,275) =$12,067.50 Tenant Escrow Payments Real Estate Tax Expense billed as 100% OVER the Base Year Amount $72,500 Actual Exp-$50,000 Base Year= $22,500 Prior Year details, $ change and % increase

Articles in this issue

view archives of Tango Connect 2022 - LEASE - Getting the Expense Reconciliation Right