How can the concept of 'Private Mortgage Insurance' be explained in simpler terms?

Some alternative methods to assess return on investment in the real estate sector include cash on cash return, capitalization rate, internal rate of return, and equity multiple. Cash on cash return measures the annual return the investor made on the property in relation to the amount of mortgage paid during the same year. Capitalization rate is used in real estate to measure the profitability of an investment property. Internal rate of return is the percentage rate earned on each dollar invested for each period it is invested. Equity multiple is a commonly used performance metric in commercial real estate, and is often used along with the internal rate of return to provide a snapshot of the projected performance of an investment.

The specific details of how Google incorporates the use of Pro Forma templates in their real estate investment strategy are not publicly available. However, generally, companies use Pro Forma templates to calculate the performance of their real estate investments over a certain period. They can monitor the return on multiple property units to gain a clear view of their investment. The template can also automatically calculate the total capital needed for property acquisition, a key figure in assessing return on investment. It can also record tax benefit details, allowing these advantages to be factored into the financial analysis.