Match the following pairs of DCF Concepts with the correct statement below

Gross Income

[ Choose ]

• The negative taxable income for a project for each year during the forecast period
• The amount of outstanding debt that accumulates over time through principal payments.
• Total Income
• In a discounted cash flow model, the periodic equity cash flows after expenses and debt service but before allowances for income taxes or tax savings.
• Gross income after vacancy, expenses, and property taxes

Net Income

[ Choose ]

• The negative taxable income for a project for each year during the forecast period
• The amount of outstanding debt that accumulates over time through principal payments.
• Total Income
• In a discounted cash flow model, the periodic equity cash flows after expenses and debt service but before allowances for income taxes or tax savings.
• Gross income after vacancy, expenses, and property taxes

Before Tax Cash Flow

[ Choose ]

• The negative taxable income for a project for each year during the forecast period
• The amount of outstanding debt that accumulates over time through principal payments.
• Total Income
• In a discounted cash flow model, the periodic equity cash flows after expenses and debt service but before allowances for income taxes or tax savings.
• Gross income after vacancy, expenses, and property taxes

Tax Savings on Other Income

[ Choose ]

• The negative taxable income for a project for each year during the forecast period
• The amount of outstanding debt that accumulates over time through principal payments.
• Total Income
• In a discounted cash flow model, the periodic equity cash flows after expenses and debt service but before allowances for income taxes or tax savings.
• Gross income after vacancy, expenses, and property taxes

Principal Reduction

[ Choose ]

• The negative taxable income for a project for each year during the forecast period
• The amount of outstanding debt that accumulates over time through principal payments.
• Total Income
• In a discounted cash flow model, the periodic equity cash flows after expenses and debt service but before allowances for income taxes or tax savings.
• Gross income after vacancy, expenses, and property taxes