The anticipated income from all operations of the real property after an allowance is
made for vacancy and collection losses and an addition is made for any other income.
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Effective Gross Income
,Land that is improved so that it is ready to be used for a specific purpose.
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Site
A measure of central tendency. The sum of values for a variable in a sample or
population divided by the number of items in the sample or population.
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Arithmetic Mean
The actual rental income specified in a lease.
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Contract Rent
Value = Income / Rate OR Value = Income X Multiplier
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, Income Capitalization Formula
The process of accounting for differences (such as between comparable properties and
the subject property) that are not quantified; may be combined with quantitative analysis.
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Qualitative Analysis
SALES COMPARISON; EXTRACTION; ALLOCATION; SUBDIVISION DEVELOPMENT;
LAND RESIDUAL; GROUND RENT CAPITALIZATION
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Site Valuation Methods
Type of wiring is most commonly found in new residential construction
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Romex
Essentially reversible air conditioner
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Heat pump
It breaks down depreciation into its component parts of physical deterioration,
functional obsolescence and external obsolescence and measures each individually
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Breakdown Method
The age of property that is based on the amount of observed deterioration and
obsolescence it has sustained, which may be different from its chronological age.
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Effective Age
An element of comparison in the sales comparison approach; comparable properties
can be adjusted for any additional, atypical investment (e.g., curing deferred
maintenance) required to make a property salable.
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made for vacancy and collection losses and an addition is made for any other income.
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Effective Gross Income
,Land that is improved so that it is ready to be used for a specific purpose.
Give this one a try later!
Site
A measure of central tendency. The sum of values for a variable in a sample or
population divided by the number of items in the sample or population.
Give this one a try later!
Arithmetic Mean
The actual rental income specified in a lease.
Give this one a try later!
Contract Rent
Value = Income / Rate OR Value = Income X Multiplier
Give this one a try later!
, Income Capitalization Formula
The process of accounting for differences (such as between comparable properties and
the subject property) that are not quantified; may be combined with quantitative analysis.
Give this one a try later!
Qualitative Analysis
SALES COMPARISON; EXTRACTION; ALLOCATION; SUBDIVISION DEVELOPMENT;
LAND RESIDUAL; GROUND RENT CAPITALIZATION
Give this one a try later!
Site Valuation Methods
Type of wiring is most commonly found in new residential construction
Give this one a try later!
Romex
Essentially reversible air conditioner
, Give this one a try later!
Heat pump
It breaks down depreciation into its component parts of physical deterioration,
functional obsolescence and external obsolescence and measures each individually
Give this one a try later!
Breakdown Method
The age of property that is based on the amount of observed deterioration and
obsolescence it has sustained, which may be different from its chronological age.
Give this one a try later!
Effective Age
An element of comparison in the sales comparison approach; comparable properties
can be adjusted for any additional, atypical investment (e.g., curing deferred
maintenance) required to make a property salable.
Give this one a try later!
