The short course in Advanced Income Capitalisation Valuations highlights the use and applicability of the income capitalisation method of valuation and provides a full understanding of the underlying variables that should be taken into consideration.

After successful completion of the course, delegates will be able to 
•  understand the legal perspective for the use of the income capitalisation method
•  understand the different variables required in order to perform an accurate income capitalisation valuation and how to determine them, and
•  understand the shortcomings of the method and how these can be overcome.

•  Recapping on the income capitalisation process
•  Background on financial and mathematical principles
•  Determining the traditional cap rate
•  Alternative ways to determine the cap rate
•  Comparing cap rate, yield, discount rate and other measures
•  Advanced calculations with the income cap method
•  Potential (unused bulk)
•  Top slice
•  Bottom slice
•  Multiple leases