What is Cash Flow After Debt Service?
Cash Flow Before Debt Service minus required debt service, leaving the property-level cash remaining for equity investors before income taxes and ownership-level distributions. (Distinct from the acronym CFADS, which some sources use for “Cash Flow Available for Debt Service,” measured before debt service.)
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.