Scheduled Base Rental Income

Scheduled base rental income represents the maximum potential rental income that can be collected from a property under ideal circumstances, with full occupancy and all tenants paying the current rent stated in their lease agreements. This figure is typically calculated on a monthly basis by multiplying the total number of occupied units or leased spaces by the average monthly rent.

The scheduled base rental income is an important metric for property owners and investors, as it provides a benchmark for evaluating the performance of a property and identifying areas for improvement. By comparing the scheduled base rental income to the actual rental income collected, property owners can assess the impact of factors such as vacancies, rent concessions, and tenant defaults on their rental revenue.

It is important to note that scheduled base rental income is a theoretical figure that assumes perfect conditions, and actual rental income may be lower due to various factors that affect occupancy and rent collection.