Market
Memos from Howard Marks: Is it a Bubble?Entry Cap Rate
The capitalization rate (cap rate) for a real estate asset at the time of purchase. Also known as the going-in cap rate, the entry cap rate is calculated based on the property’s purchase price and Year One net operating income.
Related Terms:
Net Operating Income (NOI),
Capitalization Rate (Cap Rate),
Discount Rate,
Exit Cap Rate
Image
