Fomulas Flashcards
1
Q
Cap Rate
A
NOIAR / Value
2
Q
Dev Yield (Yield Cost)
A
NOIAR / Cost
3
Q
Debt Service Coverage Ratio (DSCR)
A
NOIAR / Debt Service
4
Q
Cash on Cash
A
Cash Flow / Equity
5
Q
Cash Flow
A
NOIAR – Debt Service
6
Q
Construction Loan Amount
A
Cost x LTC
7
Q
Required Equity / Equity Contribution
A
Cost - Loan
8
Q
Appraised Value
A
NOIAR / Cap Rate
9
Q
Dev Spread
A
Dev Yield – Cap Rate
10
Q
I/O Debt Service
A
Loan Amount x Interest Rate
11
Q
Debt Yield
A
NOIAR / Loan Amount
12
Q
Annual Ammortizing Debt Service
A
NOIAR / Debt Service Coverage Ratio (DSCR)
13
Q
Total Final Equity
A
Value at Completion – Permanent Loan