(G-1) General Series Introduction to Income Property Valuation COURSE DESCRIPTION This 30 hour course is part of the 180 hour requirement for NYS Certified General Appraiser, with a final examination. The scope of this course will include a review of the appraisal process and related mathematical procedures, compound interest and discounting, income capitalization, income estimation, forecasting cash flows and reversions, financing and equity analysis, yield rates and overall capitalization rates. This course is also approved for 30 hours of NYS Appraisal Continuing Education, with a final examination. PREREQUISITES Introduction To Real Estate Appraisal(R-1) Valuation, Principles and Procedures(R-2) Basic Use Of The HP-12C Calculator COURSE OUTLINE Program Overview - The following topics will be covered: Review of the Appraisal Process Introduction to Compound Interest & Discounting Applications of Compound Interest & Discount Factors Income Capitalization Review Income Estimation Forecasting Income Cash Flows & Reversions Real Estate Financing and Equity Analysis Yield Rates Overall Capitalization Rates