# React Website needs a functionality to Existing website - Rent Calculation and Payment

Rent Calculation Explanation

For example, a property Generates 3000 monthly rent income, and has 1000 Token holders,

so monthly each token holder will get \$3, yearly 36\$.

Rent must be calculated on per second basis to reach that it would be done like this:

you can go to any listed property on [login to view URL] and see the financials section:

there is every detail :

if we take \$3000 monthly rent example

Total Yearly net Rent = \$36000 / Per Year

Now Convert it to daily net rent =

Total Daily Net Rent = \$36000/ 365.25 days. = \$98.56262833675565

Total Hourly net rent = Daily net rent / 24 hours = \$98.56262833675565 / 24 hours

= \$4.106776180698152

Total Per Minute Rent = Hourly net rent / 60 minutes = 4.106776180698152 / 60 minutes

= \$0.0684462696783025

Total Per second Rent = Per minute rent / 60 Seconds = 0.0684462696783025 / 60 seconds

= \$0.001140771161305

Per Token Per Second Rent = Total Rent Per second / Total Number of Tokens issued for

property

= \$0.001140771161305 / 1000 Tokens as per above example

= \$0.000001140771161305

Total rent per day per token = 0.000001140771161305 * (60*60*24)

= \$0.098562628337

So you need to make that rent calculation for all the properties we list on dineli with a control

to Disable / Enable rent calculations as there can be situations where a property makes no

rent. Each time a payment is sent there must be an option to generate a report for the rent paid

Rents would be calculated on per second basis however payment would be sent

weekly/bi-weekly/monthly so we should have that control in admin dashboard for this.

Further there must be mechanism to send the rent payments to investors given “rent wallet

Its at maximum 2 days work so come with realistic bids

Thanks

Compétences : Node.js, Blockchain, React.js Framework

Concernant le client :
( 26 commentaires ) montreuil, France

Nº du projet : #32579875

## 5 freelances font une offre moyenne de 158 \$ pour ce travail

valeriyaellert3

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Dear sir, I am Ali Afify, I am a web developer & physicist, with 3 years experience in (html, css, javascript, React.js, WordPress, Elementor, Devi). This is some of my relevant projects: [login to view URL] [login to view URL] I Plus

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eugklementov

Hi, Dear Client. I am an experienced block chain developer having vast knowledge of ethereum and binance smart chain. I have developed many complex token in bsc network using openzeppelin library. I can also work in Plus

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mihaelbabkin

Hi, dear! Hope you are doing well. Reviewing your requirement, I noticed that you are looking for a senior MERN developer. I have read your job carefully and feel confident to deliver a perfect solution for you. Your Plus

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