Tutorvo

AFFO: straight-line rent & recurring capex

Lesson 2 of 816 minLab

This lesson is part of the course

In this lesson

You adjust FFO for non-cash rent and the capex needed to keep the buildings let, and draw the FFO → AFFO bridge.

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Lessons in this course

  1. FFO from net incomeLab14 min Locked
  2. AFFO: straight-line rent & recurring capexLab16 min Locked
  3. Payout ratio & dividend coverageLab13 min Locked
  4. P/FFO & AFFO yield vs peersLab15 min Locked
  5. NAV from cap-rated NOILab16 min Locked
  6. Premium/discount to NAV & implied cap rateLab14 min Locked
  7. Leverage: debt/EBITDAre, interest coverage & LTVLab15 min Locked
  8. Same-store NOI growth & occupancyLab14 min Locked