> For the complete documentation index, see [llms.txt](https://lofty-2.gitbook.io/faqs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lofty-2.gitbook.io/faqs/glossary.md).

# Glossary

- [IRR](https://lofty-2.gitbook.io/faqs/glossary/irr.md)
- [Cash on Cash return (CoC)](https://lofty-2.gitbook.io/faqs/glossary/cash-on-cash-return-coc.md)
- [Cap rate](https://lofty-2.gitbook.io/faqs/glossary/cap-rate.md)
- [Appreciation](https://lofty-2.gitbook.io/faqs/glossary/appreciation.md)
- [Net Operating Income (NOI)](https://lofty-2.gitbook.io/faqs/glossary/net-operating-income-noi.md)
- [Diversification](https://lofty-2.gitbook.io/faqs/glossary/diversification.md)
- [Operating Expenses](https://lofty-2.gitbook.io/faqs/glossary/operating-expenses.md)
- [CapEx](https://lofty-2.gitbook.io/faqs/glossary/capex.md)
- [Single-Family](https://lofty-2.gitbook.io/faqs/glossary/single-family.md)
- [Duplex](https://lofty-2.gitbook.io/faqs/glossary/duplex.md)
- [Triplex](https://lofty-2.gitbook.io/faqs/glossary/triplex.md)
- [Quadplex/Fourplex](https://lofty-2.gitbook.io/faqs/glossary/quadplex-fourplex.md)
- [Capital Gains Tax](https://lofty-2.gitbook.io/faqs/glossary/capital-gains-tax.md)
- [Closing costs](https://lofty-2.gitbook.io/faqs/glossary/closing-costs.md)
- [MLS](https://lofty-2.gitbook.io/faqs/glossary/mls.md)
- [HVAC](https://lofty-2.gitbook.io/faqs/glossary/hvac.md)