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Video Title: Expenses Overview
- video duration: 4:01 minutes
- direct link to this video:https://www.planease.com/commercial-real-estate-video-training.aspx?1=Expenses
Expense page overview. Add as many expense pages as needed — Edit / Add Expense Page. Each page title in the Assumption Page List represents one expense. Edit / Delete Page removes the current page. Edit / Clone Page copies the current page for modification. Expense Amount: enter a dollar amount directly, or click the C button (Expense Calculator) to enter $/RSF/year, $/unit/year, or monthly amounts. Expense Start Date: zero = acquisition date; enter a date code like 2.11 = February 2011 (useful for development projects where expenses start later). Expense Period: 99 = code for until projected sale (most common); enter a number of years or a negative date code to end at a specific date. Growth Methods available: Annual Growth Rate (e.g. 3%/year); Linked to Inflation Rate (grows at the global inflation rate — useful for multiple expenses that should move together; enter 0 for exactly inflation, positive number for above inflation); Annual Dollar Amount (grows by a fixed dollar amount per year); Continuous Growth Rate (compounds monthly — slightly higher than annual at same rate: 3% continuous vs 3% annual shows difference by year 3); One Time (single expense event — set start date to the month of the event, growth rate 0, view monthly to verify it fires only once — useful for one-time capital events expensed for tax). For another expense: Edit / Add Expense Page.
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