Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
Investment Value:
|
Maximum price an investor is willing to pay for ownership interest in real property or mortgages
|
|
Real estate valuation:
|
Estimate all future net cash flows
Convert into estimate of present value |
|
How are investment decisions made?
|
By comparing estimate of present value to required equity investment
|