Current Yield
Definition of "Current yield"
Measurement of investment return that relates current income to the investment cost. Example: Brian Whyke bought a parking lot for $150,000, which generates annual revenue of $90,000, annual expenses including property taxes, insurance, and operating expense totals $60,000. Annual income before taxes then is $30,000. The current yield is 20%:$30,000/$150,000=20%. See also return; yield; yield to maturity (YTM).
Popular Real Estate Terms
The amount of money a developer must directly invest in order to obtain a development loan. It pays for the initial development cost including costs for items such as architectural plans, ...
Predetermined price for a contract that will be the same irrespective of the actual costs incurred to complete it. This contract is advantageous to the buyer because he knows beforehand ...
Persons considered legally capable of entering into a binding contract. ...
Transaction savings realized by setting a fixed and certain price. ...
Gift of real property as stipulated in a will. ...
The result of an act or a fact. ...
Financial statement with amounts or other information that are completely or partially assumed. The assumptions supporting the amounts are usually provided. The statement may be prepared in ...
Enhancement of a property's value even though the improvement is not on it. Lighting in the street would be an example. ...
Skeleton (bones) of a building. ...
Have a question or comment?
We're here to help.