Generally expressed as a percentage on a yearly basis, free and clear return refers to the total prior to debt or pre tax cash flow of a property project divided by the total invested capital. It is a functional tool for screening that is used by investors when they are evaluating potential investments.
Free and Clear Return
Generally expressed as a percentage on a yearly basis, free and clear return refers to the total prior to debt or pre tax cash flow of a property project divided by the total invested capital. It is a functional tool for screening that is used by investors when they are evaluating potential investments.