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Definition
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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The total sq. ft of unrented space, expressed as a dollar amount in LoopNet. (typically expressed as a %) |
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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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Definition
Item that brings forth money or other benefits that are assumed to be received periodically. |
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Definition
Earnings that are generated other than from the direct operation of the primary business. |
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Definition
Anticipated income from all operations of the real property after an allowance is made for vacancy and collection loses. |
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Definition
Total sum necessary to maintain an income producing property (i.e., management, utilities, day to day expenses)
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Definition
Total sum necessary to ensure that the property is safe and efficient
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Definition
Total sum imposed and paid to the State |
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Total sum devoted to coverage of the property/ amenities |
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Definition
Major expenditures that do not occur regularly (expenditures that do not occur on an annual basis) |
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Definition
The sum of all fixed and variable operating expenditures. |
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Term
| Net Operating Income (NOI) |
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Definition
The actual or anticipated net income that remains after all operating expenses are deducted from effective gross income. |
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Definition
The outstanding principal (debt) of the mortgage loan.
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Definition
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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Definition
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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Definition
The sum, expressed as a percentage, charged for a loan. |
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Term
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Definition
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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Definition
Loan Information: Amount owed |
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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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Definition
Loan Information: Description box- Max. 200 characters |
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