|
Introduction to the Income Capitalization Approach
402 – Introduction to the Income Capitalization Approach: An introduction to the direct/income capitalization approach to appraisal, and how to apply the approach in a variety of situations, through a combination of presentation, discussion, examples, exercises and case studies.
|
Course Number: |
C402 |
|
Course Title: |
Introduction to the Income Capitalization Approach |
|
Course Level: | Beginning |
|
Course Length: |
1 day – 8 AM to 5 PM |
|
IRWA Credits: |
8 QEU / CEU |
|
AQB Credits: |
The Appraiser Qualifications Board (AQB) has reviewed and approved this course for the following: 7 hours CE through 05/01/2025. Approval # 56226 |
|
Prerequisites: |
Not applicable |
| |
|
Course Description
This course introduces the income capitalization approach, which is a method of evaluating an investment by estimating future cash flows and taking into consideration the time value of money. This approach is presented in a concise, easy-to-understand format, and combines lecture, case studies and exercises to teach participants how to apply income capitalization in a variety of situations.
Credentialing - Specialist: A beginning level elective course that can be applied towards the R/W-AC certification.
Topics
- The relationship between the Valuation Process and the Income Capitalization Approach
- The applicability and reliability of the approach
- The characteristics of Direct and Yield Capitalization
- The components of Direct Capitalization (determining gross income, estimating vacancy and credit loss, calculating effective gross income, estimating expense and estimating value)
- Capitalization Rate Development
- Determining Just Compensation
Course Tuition includes
Required Material
Who should take this course
This course is designed for right of way professionals who are in the appraisal field.
Register for this class today |
|
|