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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.

Used in Oycora

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