Appraisal - Important Calculations Flashcards Preview

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Flashcards in Appraisal - Important Calculations Deck (18):
1

Gross Rent Multiplier (GRM)

Sale $ or Gross Rent Income or Value = GRM x GRI

2

Gross Income Multiplier (GIM)

Sale $ or Gross Income or Value = GIM x Gross Income

3

Loan to Value (LTV)

Loan Amount / Value

4

Depreciation - Age/Life Method

Effective Age/Economic Life

5

Potential Gross Income (PGI)

All rental income + other income

6

EGI

PGI-Vacancy & Collection Loss

7

NOI

EGI-OE

8

IRV (Income,Rate, Value)

I=RXV

9

Net Income Ratio (NIR)

NOI/EGI

10

Break Even Ratio (BER)

OE+Annual Debt Service/PGI

11

Operating Expense Ratio (OER)

Expense/EGO

12

Township

36 Sections
1 Section = 640 acres
1 Section = 1 Square Mile

13

1 yard

3 feet

14

1 square yard

9 feet

15

1 mile

5280 ft

16

HP12 - Percentage

300's 40% = 300 (enter) 40 (%)

17

HP12 - Percentage Change

58.50 to 53.25 = 58.25 (enter) 53.25 (triangle %)

18

HP12 - Percentage Net Amount

13250,8% discount, sales tax 6% =
13250(enter) 8(%) (-) 6(%) +