Terms Starting with X
7 terms
X-Date
The x-date (ex-dividend date) is the first trading day on which buying a REIT share no longer entitles you to the next scheduled dividend payment.
X-Flood Zone
X-Flood Zone is a FEMA designation indicating an area with minimal to moderate flood risk, where flood insurance is not required by lenders but may still be worth carrying.
X-Out Pricing
X-out pricing is an underwriting technique that works backwards from your target exit cap rate and desired return to calculate the maximum price you should pay for a property.
X-Space
X-space (flex space) is a commercial property type that combines warehouse, office, and sometimes showroom space in a single building, allowing tenants to configure the layout based on their operational needs.
XBRL Filing
An XBRL filing is a machine-readable financial report submitted to the SEC where every line item is tagged with a standardized label, making it possible to extract and compare REIT financial data automatically.
Xeriscaping
Xeriscaping is a landscaping approach that uses drought-tolerant plants, efficient irrigation, and soil management to dramatically reduce water consumption and maintenance costs on rental properties.
XIRR
XIRR is a return metric that calculates your annualized rate of return using the actual dates of each cash flow, rather than assuming equal time intervals like standard IRR.