Exam term
Debt service
Mortgage principal and interest payments. They are not operating expenses, so financing does not change NOI.
Lessons that use this term
- The income approach and capitalization California
- Financial analysis of income property: cash flow, returns, and leverage California
- The income capitalization approach Florida
- Real estate as an investment: analysis, risk, and leverage Florida
- The reconstructed income and expense statement: NOI and cash flow New York
- The income approach and gross rent and gross income multipliers Texas
- Valuation math: CMA, net operating income, capitalization rate, equity, and property tax Texas
- Investment and property management math: return, appreciation, depreciation, and rents Texas