Blog

If a comparable property sells for $1,200,000 and the effective gross income of the property is $12,000 per month, the effective gross income multiplier (EGIM) is:

Ratio analysis:

Assume that a city has a “rent gradient” such that land rent (and prices) rise as one approaches the center of economic activity.  Which of these changes in the local economy would tend to “flatten,” or reduce, the rent (price) gradient?

Given the following cash flows and reversion: Net Cash Year Income Reversion Flows 0 1 $68,000 $68,000 2 $69,360 $69,360 3 $70,747 $70,747 4 $72,162 $72,162 5 $73,605 $800,000 $873,605 6 $75,077   What current property value would be indicated using a yield rate (YO) of 10%?

Dollar or percentage adjustments for elements of comparison are made to the

With an expense stop clause:

The phases of the real estate market cycle in sequential order are best represented by

You are completing an appraisal to reflect a value conclusion as of a historical date. What is the correct terminology for this type of value conclusion reported in the appraisal analysis?

The first step in the appraisal valuation process is

Given the following cash flows and reversion: Net Cash Year Income Reversion Flows 0 1 $68,000 $68,000 2 $69,360 $69,360 3 $70,747 $70,747 4 $72,162 $72,162 5 $73,605 $800,000 $873,605 6 $75,077   What income pattern is reflected in the net income cash flows?