This course will introduce planners to property cash flow analysis, which, in conjunction with concepts from the "Time Value of Money for Planners" course, will provide the foundation for real estate pro forma analysis. We will address income types, expense types, net operating income (NOI), and lease structures. Participants can expect to practice basic computer modeling functions to produce property cash flow projections. The connection between the planning regulatory framework and impacts to property cash flow will be discussed throughout (for example, a rate cap that is intended to ensure on-going affordability of a certain space reduces property cash flow by $x).
This course is approved for 1.25 AICP CM credits.