Building Data: External Depreciation

Enter the percentage the external depreciation only to be subtracted from the replacement cost new when computing depreciated costs.  Making an entry in this field has no effect on the automatic depreciation calculation.  

Example: If you enter 12.5% for external depreciation, the report contains the following:

                           Units       Cost        Total

Replacement Cost New      20,000      68.53    1,370,600

Less Depreciation

 External                  12.5%                 171,325

Depreciated Cost          20,000      59.96    1,199,275