Unbundling the cash flow: beyond the property internal rate of return
Language: English Series: Appraisal Journal ; 60(3) July 1992, 357-365(9)Publication details: 1992Subject(s): Summary: Risk-return relationships are often critical to the proper valuation of income-producing property. This article presents a method for the analysis of the individual components which create value, which can be used to identify the characteristics of a cash flow valuation. The resulting unbundled cash flow analysis can be used to develop an adjusted overall property internal rate of return, or ultimately, a risk-adjusted rate of return associated with each of the valuation components that contribute to value.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | A361 (Browse shelf(Opens below)) | 1 | Available | 28690-1001 |
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Risk-return relationships are often critical to the proper valuation of income-producing property. This article presents a method for the analysis of the individual components which create value, which can be used to identify the characteristics of a cash flow valuation. The resulting unbundled cash flow analysis can be used to develop an adjusted overall property internal rate of return, or ultimately, a risk-adjusted rate of return associated with each of the valuation components that contribute to value.