Why Choose CFCRE’s Comparative Lease Analysis Software?
It’s so user-friendly; you will want to use it for even the smallest space requirement, yet it also allows you to analyze large, complicated transactions with ease. Regardless of how computer challenged you are, this software is so simple to use, anyone can quickly and easily analyze lease proposals received from up to five different landlords or compare five different “what-if” scenarios for the same building.
The program’s own custom menu bars and buttons help you through the analysis process and this makes moving around, entering data and printing reports a snap. Printed reports have just the right touch of professionalism combined with the sophisticated complexity required to make sound business decisions.
The required input takes just a few minutes. You simply fill in the rent schedule (up to 10 separate rental periods with a maximum term of 11 years), suite square footage, lease start date and the building's current year operating costs per square foot (CAM).
That's it! The program, using Excel as a base, does the difficult calculation work for you and provides an apples-to-apples bottom line comparison of the present value per usable square foot (i.e. effective rental rate). The comprehensive results are also broken down into yearly and monthly values, and contrast actual dollar amounts against net present value (pre-tax and post-tax) equivalents.
Optional, easy to understand input covers virtually every other variable that could affect the tenant's cost of occupancy, including such things as:
- Capitalized tenant costs
- Expensed tenant costs
- Cost of borrowed funds
- Amortized tenant improvements
- Security deposit (cash and/or letter of credit)
- Parking expense
- After-hours HVAC
Here's an example that typifies the program's built-in intelligence. The payment of CAM expense during free rent periods is often an overlooked and under-negotiated point. The program, of course, accomodates "free" rent periods at any point during the lease term but importantly, also prompts you to specify whether or not the tenant is to pay CAM expense if the base rent has been set at "$0.00" during any rental period.