Portland Property Buyer Services
We will provide you with relevant market data to make sound purchasing decisions. Knowledge is easy to say, but not so easy to acquire. We will filter through all the…
Read MorePortland Property Management Services
We provide a super enriched environment for owners and residents alike. We want each side to know the properties are cared for as if WE owned them. There is direct…
Read MorePortland Property Seller Services
The goal here is simple, maximizing your sale price any and every way possible. We certainly don’t make the market, but we’ll bring the market to you. We will provide…
Read MoreWhat does DCR stand for?
July 18, 2011, Chris Johnson in Oregon property tax, Portland Economics, Portland Oregon sustainable real estate, Portland Property Management, Portland Seller Services
DCR (debt-coverage-ratio) is the ratio of a property’s net operating income (income after expenses but before debt service) to the annual debt payments due on the loan. For example, a property with an NOI of $100,000 and annual debt payments totaling $80,000 would produce a DCR of 1.25 ($100,000/$80,000). This is the ratio that Lenders…
What can I learn from a Proforma?
July 18, 2011, Chris Johnson in Oregon property tax, Portland Economics, Portland Oregon sustainable real estate, Portland Property Management, Portland Seller Services
A proforma tells you the Gross Income Multiplier (GIM) and the CAP (capitalization) rate for the property. But they come in many different versions, so there is no real standard to consider. Hopefully you will also learn what current rent rates are overall along with income and expenses and other building details. Ideally it would…