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The first term is the real income from operation of business during a single year. The second term is an estimation of the financial condition of the property.
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Term
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Definition
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The total sq. ft of unrented space, expressed as a dollar amount in LoopNet. (typically expressed as a %)
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Term
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Definition
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Amount expended for, or on account of, a project that are to be refunded to the owner in accordance with the terms.
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Term
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Definition
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Item that brings forth money or other benefits that are assumed to be received periodically.
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Term
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Definition
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Earnings that are generated other than from the direct operation of the primary business.
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Term
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Definition
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Anticipated income from all operations of the real property after an allowance is made for vacancy and collection loses.
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Term
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Definition
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Total sum necessary to maintain an income producing property (i.e., management, utilities, day to day expenses)
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Term
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Definition
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Total sum necessary to ensure that the property is safe and efficient
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Term
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Definition
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Total sum imposed and paid to the State
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Term
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Definition
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Total sum devoted to coverage of the property/ amenities
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Term
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Definition
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Major expenditures that do not occur regularly (expenditures that do not occur on an annual basis)
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Term
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Definition
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The sum of all fixed and variable operating expenditures.
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Term
| Net Operating Income (NOI) |
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Definition
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The actual or anticipated net income that remains after all operating expenses are deducted from effective gross income.
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Term
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Definition
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The outstanding principal (debt) of the mortgage loan.
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Term
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Definition
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Amount needed in addition to the periodic expenditures necessary to maintain the property and continue production of the effective gross income.
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Term
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Definition
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The portion of net operating income that remains after total mortgage debt service is paid but before ordinary income tax on operations is deducted.
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Term
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Definition
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The sum, expressed as a percentage, charged for a loan.
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Term
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Definition
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Loan Information: Periodic installments of principal and interest over the entire term of the loan agreement. (Paying off a loan over time. A certain portion of the loan payment goes to interest with the remainder going to principal. As the prinicpal decreases more and more of the payment goes to pay the principal and less to the interest. The loan is in the process of being paid off. Once all payments have been made the loan is fully __________.)
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Term
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Definition
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Loan Information: Amount owed
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Term
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Definition
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Loan Information: The periodic payment that covers the interest on, and retirement of, the outstanding principal of the mortgage loan.
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Term
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Definition
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Loan Information: Description box- Max. 200 characters
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