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Questions in Vocabulary 2Equalization Rate The ratio of the total assessed value of properties in a community to those property's true market values. In Rem The city takes action against the property rather than against you. Net Operating Income The money left over after all expenses are paid except debt service. Cash Flow Net Operating Income - Debt Service Net Operating Income Building Income - Operating Expenses Operating Statement The beginning of a real estate investment analysis. Income and Expense Statement The beginning of a real estate investment analysis. Contract or Scheduled Rent The income tracked on the operating statement. Is the actual rent paid by the tenants. Rent Roll Information about the leases that exist. An essential document that allows landlords and others to easily view rents that are due and rents that have been collected on an investment property. It focuses on the gross rent collected, not net rent after expenses. pro forma Financial statement of the building's potential income and expenses. 20 total Questions 1 2 Next > [Last Page]
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