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Cash Flow Appraisal for Property Investment Wanneer Josua vir Eva DeDiscounted Cash Flow (Dcf) is the Indispensable Technique for the Appraisal of Property for Investment Decision Making. As an Integral Part of Modern Financial Theory, Dcf Places the Appraisal of Property on a Common Basis With Equities and Bonds and is Extensively Used by Investors, Developers, Their Consultants and Bankers. Familiarity With Net Present Value (Npv) and Internal Rate of Return (Irr) is Increasingly Required by Employers in the Real