What is 'imputed vacancy costs' in SAP RE - Real Estate Management?

imputed vacancy costs - Overview

• Component: RE

• Component Name: Real Estate Management

• Description: Lost revenues resulting from a rental unit not being rented. These costs are calculated by performing a debit position run on the vacant rental units.

imputed vacancy costs - Details

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  Key Concepts: 
  Imputed vacancy costs are a type of cost associated with real estate management in SAP RE. They are calculated based on the expected rental income that could have been earned if the property had been rented out. This cost is then used to determine the total cost of ownership for a property. 
  
  How to use it: 
  In SAP RE, imputed vacancy costs are calculated by taking the expected rental income for a property and subtracting any actual rental income that has been earned. This difference is then used to calculate the total cost of ownership for the property. 
  
  Tips & Tricks: 
  When calculating imputed vacancy costs, it is important to consider any potential rental income that could be earned from the property in the future. This will help ensure that the total cost of ownership is accurately calculated. 
  
  Related Information: 
  Imputed vacancy costs are just one of many costs associated with real estate management in SAP RE. Other costs include maintenance costs, taxes, insurance, and utilities. All of these costs should be taken into account when calculating the total cost of ownership for a property.