Zusammenfassung der Ressource
Headings for DCF table
- Time periods
- Rent per annum
- Growth %
- Write it in this column as the equivalent of £1 after growth.
- YP @ X%
- % = cost of capital or target rate of return
- PV @ X%
- % also = cost of capital or target rate of return
- Final column should be NPV.
- Other things to remember:
- To get an exit value multiply:
rental value of the final time
period x yp in perpetuity,
then PV £1 that for however
many years have passed.
- When 'PVing' do it to the year before the start
of this time period/the year when the last rent
review took place.. Aka if the time period is
11-15 years then PV for 10 years.
- When 'YPing' if the time period is the
same, e.g. they are all five years
difference then you can use the same
figure for each row.
- We are usually told growth rate.