Oycora methodology
Pre-Tax Cash Flow
Cash remaining after NOI is reduced by CapEx reserves, debt service, and recurring financing costs.
Methodology v1.0Effective 2026-08-23Last reviewed 2026-08-23
How this is calculated
Pre-tax cash flow = NOI - CapEx reserve - debt service - recurring financing costs
CapEx is excluded from NOI but deducted when Oycora derives pre-tax cash flow.
Why it matters
It estimates ongoing property cash generation before personal income taxes.
What is included
- NOI
- CapEx reserve
- Debt service
- Recurring financing costs
What is excluded
- Income taxes
- Depreciation
- Sale proceeds
- Unrealized equity
Assumptions and limitations
- It is an assumption-based estimate, not profit after tax or a cash-account forecast.