The Complete Guide to Real Estate Finance for Investment Properties
The Complete Guide to Real Estate Finance for Investment Properties" by Steve Berges This book focuses on analyzing real estate investment deals. Specific topics covered include: * The Relevance of Finance and How it Applies to Value * Time Horizon * Volume of Investment Activity * Property Types * Costs of Funds * Amortization Period * Amount of Funds Borrowed * Loan Duration * Loan Fees * Prepayment Penalties * Leverage * Debt * Equity * Blended Financing and the Weighted Average Cost of Capital * Options Then it broke down real estate investment performance measurements: * Net Income Return of Investment * Cash Return on Investment * Total Return on Investment * Net Operating Income * Cap Rate * Debt Service Coverage Ratios * Operating Efficiency Ratios * Gross Rent Multiplier * Operating Ratio * Break-Even Ratio * Future Value Analysis * Present Value Analysis * Net Present Value Analysis * Internal Rate of Return It also covered appraisals a