20 Commercial & Investment Property II Flashcards
1
Q
Cash Flow pro forma
A
Expecttion of income and expenses and cash flow for year one from tax returns and operating statements
2
Q
NOI
A
annual income minus annual expenses= NOI
Does not include no financing expenses included
3
Q
Cap Rate
A
Rate of Return Income over rate X Value
4
Q
Cash flow
A
Before taxes if no mortgage cash flow would be same as NOI
5
Q
Depreciation NO LAND
A
27.5 years and 39 years commercial
