What is Prorated?
Prorated means that the special, lets say 2 months free for example, is able to be subtracted from the entire lease price.

      $1000   (monthly price)
      X   12   (12 month lease)
= $12,000   (entire lease price)
-    $2,000   (2 month free)
= $10,000   (new entire lease price)
    /       12   (divided by 12 month lease)
=     $833 per month  (new monthly rent)

 

 

 

Coral Springs Apartments

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