Financial leverage: The use of borrowed funds to acquire an investment.
Financial risk: The possible change in an investment's ability to return principal and income.
Fixed expenses: Costs that do not change with a building's occupancy rate. They include property taxes, insurance, and some forms of building maintenance.
Fully amortized mortgage loan: A method of loan amortization in which equal periodic payments completely repay the loan.
Functional obsolescence: The reduced capacity of a property or improvements to perform their intended functions due to new technology, poor design or changes in market standards.
Future value: The amount to which money grows over a designated period of time at a specified rate of interest.
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