In the UK its common to use yield to value real estate, and where there are stepped rents the layer method (an extension of yield) is used. This worksheet uses a single Business Function, CapValueGD, to apply the layered yield method to calculate a property value, using either a True or Equivalent Yield.
In the UK its common to use yield to value real estate, and where there are stepped rents the layer method (an extension of yield) is used. This worksheet uses a single Business Function, EqYieldGD, to calculate either a True or Equivalent yield for a given property value.