Acquisition cash recorded explicitly
Deposits and funds due at closing are recorded as acquisition cash. Items funded at settlement are marked as such, so they reduce nothing twice and do not appear as ongoing operating outflows.
Capability
An investment view is only as good as the cash it is built from. Property Pulse calculates returns from the acquisition cash you actually paid and the transactions the property has actually recorded.
Deposits and funds due at closing are recorded as acquisition cash. Items funded at settlement are marked as such, so they reduce nothing twice and do not appear as ongoing operating outflows.
Current return uses the dated equity cash flows to date; projected return uses editable forward assumptions. Both are calculated with an irregular-interval IRR, and short holding periods are flagged rather than annualised into nonsense.
Valuations record their source, date, and reference, and age into stale states instead of quietly persisting, so a return figure is never propped up by a number nobody can place.
Product fact
Acquisition cash is modelled explicitly, settlement-funded items are excluded from operating cash flow, and a minimum holding period is enforced before an internal rate of return is shown.
Methodology
Return figures are computed from dated cash flows recorded against the property, using an irregular-interval internal rate of return rather than an annualised approximation.
Last reviewed against Property Pulse v0.12.84.
Return calculations read the property's recorded ledger activity.
Performance reporting places one property's return next to the others.