000 01172cab a2200253 4500
001 A361
008 090401t1992 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u28690
041 _aeng
100 _aHealy, J.J.
245 _aUnbundling the cash flow: beyond the property internal rate of return
260 _c1992
350 _a0
490 _aAppraisal Journal
_v60(3) July 1992, 357-365(9)
520 _aRisk-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.
650 _aCASH FLOW ANALYSIS
650 _aPERFORMANCE MEASUREMENT
650 _aRATES OF RETURN
650 _aVALUATION METHODS
690 _aRATING AND VALUATION
700 _aTeetsel, J.
942 _n0
948 _c04/03/1997
999 _c19292
_d19292