Skip to Content (custom)

    The Discounted Cash Flow Model: Concepts, Issues, and Applications

    Register
    On Demand
    Date
    On Demand
    Sponsor
    Appraisal Institute
    Location
    On-Demand Online Education
    Instructor
    Kenneth M. Lusht, MAI, SRA
    Class Time
    5 hours
    Full Price
    $100.00
    AI Price
    $85.00
    Course Description
    Developed for appraisers with varied appraisal backgrounds, this seminar focuses on the basic concepts and principles of discounted cash flow valuation and modeling. DCF modeling is a powerful tool when properly used and understood.

    Who Should Enroll
    Real property appraisers with an interest in DCF modeling
    AI CE Points
    Attend:
    55
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 5 5 Online Online 07/26/2021 07/26/2024 18471
    AL CE 5 5 Online Online 10/01/2022 09/30/2024 C02860
    AR CE 5 5 Online Online 12/26/2020 06/26/2025
    AZ CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    CA CE 5 5 Online Online 11/25/2020 11/24/2024 12CP754601029
    CO CE 5 5 Online Online 05/15/2024 05/14/2027
    DC CE 5 5 Online Online 02/29/2024 02/28/2026 6097
    DE CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    FL CE 5 5 Online Online 11/08/2023 11/07/2025 0009997
    GA CE 5 5 Online Online 10/31/2012 63304
    ID CE 5 5 Online Online 05/15/2024 05/14/2027
    IL CE 5 5 Online Online 10/16/2023 12/31/2024 575.001761
    IN CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    KS CE 5 5 Online Online 01/01/2024 12/31/2024 480.C24.R
    KY CE 5 5 Online Online 07/01/2023 06/30/2024
    KY CE 5 5 Online Online 07/01/2024 05/30/2025
    LA CE 5 5 Online Online 05/15/2024 05/14/2027 A0166
    MD CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    ME CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    MN CE 5 5 Online Online 05/01/2023 04/30/2025 1027440
    MO CE 5 5 Online Online 05/15/2024 05/14/2027
    MT CE 5 5 Online Online 05/15/2024 04/23/2027 REA-CEC-REC-17969
    NC CE 5 5 Online Online 01/01/2024 12/31/2024 4565
    ND CE 5 5 Online Online 05/15/2024 05/14/2027 CE-221057
    NM CE 5 5 Online Online 05/15/2024 05/14/2027 4407
    NV CE 5 5 Online Online 06/01/2021 08/31/2024 CE.0009786-A
    OH CE 5 5 Online Online 01/01/2024 12/31/2024 923403108A 23
    OK CE 5 5 Online Online 05/15/2024 05/14/2027 963
    OR CE 5 5 Online Online 05/15/2024 05/15/2027 APIN-C-0324-9026
    PA CE 5 5 Online Online 05/15/2024 05/14/2027
    PR CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    RI CE 5 5 Online Online 03/30/2021 05/22/2024 REA.0001696-CE
    RI CE 5 5 Online Online 05/23/2024 05/14/2027 REA.0002176-CE
    SC CE 5 5 Online Online 09/01/2022 08/31/2024 DE1491
    SD CE 5 5 Online Online 09/18/2021 08/17/2024 SD 949 CE
    TN CE 7 5 Online Online 12/01/2022 11/30/2025 00001620
    UT CE 5 5 Online Online 04/01/2023 05/31/2025 AC230529
    VA CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    VT CE 5 5 Online Online 02/04/2021 02/04/2025
    WA CE 5 5 Online Online 05/15/2024 05/14/2027 A24008911
    WI CE 5 5 Online Online 05/15/2024 05/14/2027 77059
    WV CE 5 5 Online Online 05/15/2024 05/14/2027
    WY CE 5 5 Online Online 04/25/2024 05/14/2027 229
    Course Objectives
    • Recognize the three categories of factors driving income property value.
    • Explain why cash flows are discounted.
    • Determine present values.
    • Explain how the DCF model reflects how the market determines value.
    • Understand the theoretical underpinnings of PV, NPV, and IRR.
    • Make defensible choices of discount rates.
    • Apply both blended and cash flow–specific discount rates to arrive at PV estimates.
    • Explain the relationship between the discount rate(s) and the timing of expected cash flows.
    • Recognize the unreliable nature of the occasional inaccurate investment forecast.
    • Describe basic strategies to minimize the negative impacts of inaccurate investment forecasts.
    Course Details

    Program Overview:

    Online Syllabus

    Assignments:
    No

    Equipment:

    Additional Information:

    Online Course Access
    Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
    1. Click "Education and Events" on the right navigation menu.
    2. Find the course under the “Online Courses” heading and click the “Begin” button.
    IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

    Other Details
    For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

    .

    Requirements:

    Online Education FAQ

    Course Materials & Recommended Books
    None specified
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 12/31/2050
    $100.00 $85.00