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ProCash, an Economic Model for Income Properties

The "Setup"

Income and expense are entered as rates per square foot or per dwelling unit or as total amounts. Initial periods can be separately input as rent-up assumptions. Vacancy allowances may be input either against minimum or against total rents. Operating expenses can be expressed separately as fixed and variable. (Note: Vacancy does not effect AVI[42] or AVI[51].)

inputdescriptionhelp#importancefrequency
AVI[53]Vacancy rate (in normal operating years) 331  5
AVI[40]Minimum income/unit before vacancy(ex.AVI[7]units) 331  4
AVI[55]Operating expenses (fixed, per unit) 331  4
AVI[41]Other income/unit (vacancy applies;ex.AVI[7]units) 331  3
AVI[56]Variable expenses (percent of income) 331  3
AVI[51]Other income (vacancy rate not applied) 331  2
AVI[198]Annual bond issuer audit fee (adjustment to cap rate) 331  1

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