Course description
Real Estate Investment Cash Flow Modelling School is a four day course, that unravels the complexity of Investment Cash Flows through Advanced Modelling, Interpretation and Theory.
With a strong emphasis on practical application, you will gain a profound understanding of the complexities involved in analysing investment cash flows and interpreting their implications for effective decision-making.
Upon completion of the course, you will have the expertise to confidently model investment cash flows to a proficient level, empowering you to make informed financial decisions and drive positive outcomes for your investments.
The Investment focused school combines three of our courses:
- Real Estate Analyst
- Real Estate Modelling Masterclass
- Understanding Key Principles of Real Estate Financial Modelling
On this course you will…
- Construct Investment Financial Models starting from foundational principles
- Learn how to value and appraise Property Investments
- Gain a comprehensive understanding of modelling tenancy schedules, including lease structures, rental income projections, lease expiry analysis, and lease renewal
- Develop proficiency in creating robust models
- Understand how the application and use structure finance products in Real Estate
- Learn advanced modelling techniques to analyse underlying asset risk
- Appreciate the importance of data in Investment cash flow modelling
Included in the Course
- CPD Accredited Certificate & LinkedIn Proficiency Badge
- Course Manual (In-Person Course Delegates receive a Hard Copy, Virtual Course Delegates receive a Virtual Copy and have the option to purchase a Hard Copy at an additional fee)
- Course Files
- Online Learning Platform access - Further Learning Resources (Reading, Files and Videos)
- Post Course Support - Two Months of Questions & Answers, and One year of support is available for an additional fee
Upcoming start dates
Suitability - Who should attend?
Who will benefit from this School?
- Real Estate professionals at any level with exposure to real estate financial models on a frequent basis
- Junior or new Real Estate Analysts who would like to start building their own real estate models quickly, rather than relying solely on coaching from existing team members
- Mid-level to senior Real Estate Analysts
- Real Estate Managers who would like to gain an understanding of the dynamics of debt and financial return fluctuations in more detail
- Property industry modellers who would like to be fully proficient in building complex financial models
Outcome / Qualification etc.
CPD Accredited training
- Real Estate Analyst
- Real Estate Modelling Masterclass
- Understanding Key Principles of Real Estate Financial Modelling
Training Course Content
Over the four days, this training course will cover:
Day One
Real Estate Analyst I
Know how to build a property asset cash flow, analyse geared, and un-geared IRRs.
- Term & Reversion and Layer Method Valuation (Intro to Excel)
- Equivalent Yield (Solver, Scenario and Goal Seek functions)
- Single-Let Discounted Cash Flow
- Cash Flow inputs (Rents, Yields, Growth Rates, Target Returns)
- Analysis and use of date series
- Internal Rate of Return (IRR) and Net Present Value (NPV)
- Comparing Value, Price and Worth
- Adding borrowing and analysing geared returns
- Introducing Rent Reviews and other ‘events’ into cash flows
- The ‘Rent Function’ concept and Logic functions (IF,OR,AND)
- Sensitivity analysis
Day Two
Real Estate Analyst II
Know how to build a multi-let property cash flow and apply the concepts on a hypothetical case study.
- The ‘Rent Function’ and Multi-let cash flows
- The ‘date problem’ and assumptions in property asset cash flows
- Reducing the rent function, intermediate calculations and modelling theory
- Modelling lease expiries, break clauses, voids, and upward only covenants
- Incorporating time-varying rental growth rates
- Analysing multi-let cash flows to see if the leases are sufficiently diversified
- Further IRR analysis (XIRR, MIRR)
Day Three
Real Estate Modelling Masterclass
- Mezzanine debt modelling
- Joint Venture structures between developers and lender/equity partners
- Promote and profit share structure calculations
- Advance project cash flows with mezzanine debts
- Key Real Estate and investment risks, risk adjustment of exit yields
- Sensitivity and Scenario Analysis
- Monte Carlo Analysis
Day Four
Understanding Key Principles of Real Estate Financial Modelling
Real Estate Financial Modelling Mathematics
- Time Value of Money
- Net Present Value (NPV)
- Internal Rare of Return (IRR)
- Growth
- What Discount Rate?
- Certainty of a cash flow
- Liquidity
Price, Value & Worth
- Comparing Price, Value and Worth
- Conventional Valuation Methods
- Term and Reversion, Layer Method
- Property Yields and Capitalisation Method
- Exit calculations across Europe
Discounting Cash Flow Models
- Investment Appraisal Models
- Cash flow inputs: Rents, Yields, Growth Rates, Target Returns
- Cash-on-Cash and Equity Multiple
- Discount Rates & Exit Cap Rate
- Operating Assumptions
- Adding borrowing and analysing geared returns
Model Interpretation and Analysis
- Sensitivity analysis and scenario analysis
- Growth and inflation
- Performance measures
- Contemporary issues for analysis (such as the rise in interest rates)
Why choose Bayfield Training
Over 25 years in business
Original Content, Unique Delivery
+90% courses review rating from past delegates
Customer Outreach Award 2019
We believe that it should be easy for you to find and compare training courses.
Our Customer Outreach Award is presented to trusted providers who are excellent at responding to enquiries, making your search quicker, more efficient and easier, too.
Expenses
This Real Estate Investment School training is available to participants In-person at £3500 + VAT or Virtually for £3000 + VAT*.
*Price for a place on public course in the UK. Please enquire for prices relevant to other locations.
If required, the training is also available as an in-house course. Please contact Bayfield Training for more information.
Request info
Bayfield Training - Real Estate Executive Education
Bayfield Training is a prominent global supplier of investment grade Real Estate executive education. Having begun 25 years ago as pioneers in the field of Real Estate Financial Modelling, today Bayfield has a huge extended network of experts, specialists and...