a. Liquidity
b. Potential Gross Income
c. Down Payment
d. Effective Gross Income
e. Net Operating Income (NOI)
f. Times Gross
g. Operating Expenses
h. Reserves for Replacement
i. Variable Expenses
j. Syndication
 

1. ___ the amount a buyer pays cash (out of pocket) upfront, toward the purchase price.
2. ___ the total rents that a property is capable of producing at full occupancy, without deductions for expenses.
3. ___ the scheduled gross income subtracting for vacancy.
4. ___ the amount of time necessary to turn an income property into cash.
5. ___ the proposed selling price divided by the scheduled gross income, used as a ballpark figure to weigh the value of an investment.
6. ___ the amount left over after operating expenses are subtracted from effective gross income.
7. ___ operating expenses that vary, depending on occupancy of the property.
8. ___ ongoing expenses that are necessary to maintain the flow of income from the property.
9. ___ funds that are set aside for replacing short-lived components of the property.
10. ___ an association of 2 or more people who combine their finances for the purpose of achieving an investment objective.