What is PCM rent?

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PCM stands for Per Calendar Month. If rent is taken PCM, it means it is taken on the same date every month. This metric assumes that the occupier is in the property for 30 days.

If the rental agreement is for at least a year, the landlord usually calculates the PCM rent by dividing the annual rent by 12. This means that the occupier pays a slightly higher rate per month in shorter months like February.

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