forward_value_from_noi: Forward value from next-period NOI

In cre.dcf: Discounted Cash Flow Tools for Commercial Real Estate

Forward value from next-period NOI

Description

Compute a forward-value vector based on next-period NOI and an exit yield. Given a series of annual NOI values, the function constructs a vector NOI can be obtained either from a fixed forward growth rate or from a simple extrapolation of observed growth.

Usage

forward_value_from_noi(noi_vec, exit_yield, g_forward = NA_real_)

Arguments

noi_vec	Numeric vector of annual NOI values.
exit_yield	Numeric scalar; exit yield in decimal form (for example 0.05).
g_forward	Optional numeric scalar giving a constant forward growth rate. When supplied, the last element of NOI_next is constructed as the last NOI multiplied by 1 + g_forward. When g_forward is NA (the default), a capped log-growth extrapolation is used instead.

Value

A numeric vector of forward values with the same length as noi_vec.

cre.dcf documentation built on April 10, 2026, 5:08 p.m.