I am looking for a solution that will calculate the rent payment automatically. Does iLeasePro do this?

Yes. For both Real Estate and Equipment Leases. The iLeasePro Rent and Rent Step feature eliminates calculation errors and the need of a standalone calculation process when performing these complex lease term rent calculations.

- Pre-defined types of rent payments (by Year, by Month and for Real Estate lease PSF by Year and PSF By Month)
- Apply Free Rent concessions
- Amortize additional lease costs across the lease term
- Calculate rent steps as Flat Rent increases, Incremental increases or Simple or Compounded Percentage increases (for CPI based rents).