Forecast Period- The time period
for which a demographics forecast or Analysis is provided (usually 5 years).
Internal Rate of Return
(IRR)- The
internal rate of return is the interest rate received for an investment consisting
of payments (negative values) and income (positive values) that occur at regular
periods. This is the most common used
function in weighing the potential financial rewards of an investment.
Market Feasibility Study- The
process by which the demand for a given type of Project proposal is quantified
in terms of underlying support within its projected trade area.
Gross Rent- Yearly gross
rental income from all units
Gross Income- Gross Rent –
vacancy factor + other income (for example, laundry)
