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NOI

An acronym for net operating income; an entity's operating income (OI) that reflects an entity's gross revenue (gross earnings or...

Net Operating Income

An entity's operating income (OI) that reflects an entity's gross revenue (gross earnings or gross profit) net only of all...

Free and Clear Return

The return on a real estate investment, calculated as the total unlevered, pre-tax cash flow of a real estate project...

Cap Rate

The return on investment made in a real estate property. The rate of return is determined by dividing a property's...

Capitalization Rate

The return on investment made in a real estate property. The rate of return is determined by dividing a property's...

Capitalization

The calculation of the value of a real property whereby annual project income is divided by a given annual rate...