Key Terms to Know
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ROI
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Definition: ROI measures the profitability of an investment.
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Formula: ROI = (Net Profit / Cost of Investment) * 100
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Importance: Helps assess the efficiency of an investment.
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Capitalization Rate
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Definition: Cap Rate evaluates the potential return on a real estate investment.
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Formula: Cap Rate = (Net Operating Income / Current Market Value) * 100
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Importance: A key metric for comparing different investment opportunities.
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Cash Flow
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Definition: Cash flow is the net amount of cash moving into and out of an investment.
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Formula: Cash Flow = Rental Income - Operating Expenses
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Importance: Positive cash flow ensures ongoing profitability.
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Appreciation
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Definition: Appreciation is the increase in the value of a property over time.
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Types: Market appreciation, forced appreciation (through improvements).
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Importance: Contributes to the long-term growth of an investment.
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Debt Service Ratio
The Debt-Service Coverage Ratio (DSCR) is a financial metric that evaluates a property's ability to cover its debt obligations. It measures the property's ability to generate enough income to pay off its mortgage or other debt.
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