Real Estate Investment Terms
Proforma Schedule- an operating statement adjusted to reflect a potential chanage in income and expenses based upon the investors knowledge of the real estat market
rate or return- percentage of net income produced by a property or other investment
Rent roll- the number of units currently occupied in a building mulitiplied by the rental amount per unit
Tax depreciation- a provision of tax law permitting a property to take an ordinary business deduction for the amount of annual depreciation.
tax free exchange- trading of like kind properties held as an investment or for use in business
valuation- established an opinion of value utilizing an objective approach based on facts related to the property such as square footage, location and cost to replace.
Fillmore Real Estate
Licensed Real Estate Associate Broker