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Real Estate Rent Roll

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  1. #1
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    Real Estate Rent Roll

    I'm trying to avoid manually each period to update my company's rent roll. I have highlighted starbucks as an example. The current rent is $3,200(G33) which is the old rent amount from 9/1/2012(M33). The rent should be $3,296(N34) since 9/1/2013(M34). I have added =Today() formula(A2). Can someone please guide me on a formula to input into (G33) that will automatically look at the current date (A2) and calculate date base off M33:M37 and choose the appropriate rental amount in cells N33:N37? Thanks excel forum! The worksheet is attached.
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    Re: Real Estate Rent Roll

    This will work for all of your 5 year leases. Just paste into column G33, then if you add a new 5 year lease copy and paste formula into the column G of the appropriate new row.

    =IF(TODAY()<N24,O23,IF(TODAY()<N25,O24,IF(TODAY()<N26,O25,IF(TODAY()<N27,O26,IF(TODAY()>N27,O27,O23)))))

    Alternately

    =IF(A2<N34,O33,IF(A2<N35,O34,IF(A2<N36,O35,IF(A2<N37,O36,IF(A2>N37,O37,O33)))))
    Last edited by Chris S.; 11-07-2013 at 03:41 PM.

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    Re: Real Estate Rent Roll

    Solid work Chris S! I used to live in Lacombe, AB. I'm now in Arizona. I miss how green it is there.

  4. #4
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    Re: Real Estate Rent Roll

    Nice work Chris

    You need to absolute A2, so it doesnt change when you copy/paste elsewhere...
    =IF($A$2<N34,O33,IF($A$2<N35,O34,IF($A$2<N36,O35,IF($A$2<N37,O36,IF($A$2>N37,O37,O33)))))

    Also, JLG, you have circ ref errors in F191:G191 and F194:G194
    F191=G191*12
    G191=+F191/12

    You need to resolve these, circ refs can cause errors in the most unexpected places
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    Re: Real Estate Rent Roll

    Quote Originally Posted by FDibbins View Post
    Nice work Chris

    You need to absolute A2, so it doesnt change when you copy/paste elsewhere...
    =IF($A$2<N34,O33,IF($A$2<N35,O34,IF($A$2<N36,O35,IF($A$2<N37,O36,IF($A$2>N37,O37,O33)))))

    Also, JLG, you have circ ref errors in F191:G191 and F194:G194
    F191=G191*12
    G191=+F191/12

    You need to resolve these, circ refs can cause errors in the most unexpected places
    Thanks for the advice. Would Vlookup be a better option here?

  6. #6
    Administrator FDibbins's Avatar
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    Re: Real Estate Rent Roll

    If you have a number of items you could choose from, vlookup is often better to use - it is far simpler that a series of IF statements, it is easier to debug, and pretty simple to expand/change

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