GRM — Gross Rent Multiplier
Price ÷ Annual Gross Rent. Screening metric (ignores expenses/debt).
Cap Rate
NOI ÷ Purchase Price. Unlevered yield of the asset.
NOI — Net Operating Income
Income after vacancy & operating expenses; excludes debt and taxes.
CoCR — Cash-on-Cash Return
(Annual Cash Flow after debt) ÷ Total Cash Invested.
ADR — Average Daily Rate
Average nightly price used for short-term rental projections.
Occupancy Rate
% of days rented in a period.
Price per SqFt (PPSF)
Price ÷ Living Area. Used for value benchmarking.
DOM — Days on Market
How long a listing has been active.
PITI
Monthly payment: Principal + Interest + Taxes + Insurance (and HOA if any).
DSCR
NOI ÷ Annual Debt Service. > 1.0 means income covers debt.
LTV — Loan-to-Value
Loan Amount ÷ Purchase Price (or Appraised Value).
CMA — Comparative Market Analysis
Pricing analysis based on similar nearby properties.
ARV — After-Repair Value
Estimated value of a property after renovations.
HOA / CAM
Association dues / Common-Area Maintenance fees.
EGI — Effective Gross Income
Gross Potential Rent + Other Income − Vacancy/Collection Loss.
Operating Expenses (OpEx)
Taxes, insurance, utilities, repairs, management, HOA/CAM, etc.
Breakeven Point
Months to recover cash invested from monthly cash flow.
Amortization
How loan principal is repaid over time through each payment.
Weighted Median (Comps)
Median with weights that favor recent, nearby, similar properties.
