Description
Offering a comprehensive have a look at the appraisal of real estate Source of revenue property, this textbook explains the significance of projecting Source of revenue when valuing commercial real estate throughout the Source of revenue approach and other approaches to worth. Ideal for college-level real estate classes, the text includes Excel templates, Instructor Resources, and a link to a free trial of ARGUSTM 11.0. Contents: Appraisal Principles and Best possible and Absolute best Use – Market Area and Neighborhood Analysis – Web site and Improvements Description and Analysis – Compound Interest and Discount Factors – Cash-Go with the flow Forecasting – Investment Go back Calculations and Discount Rate Selection – Source of revenue Capitalization Approach – Leased Fee and Leasehold Valuation – Computer Assisted Lease-by-Lease Analysis