Regulations on Real Estate Appraisal Article 47
The income value over a certain period of time is estimated according to the following calculations:(the formula see the attached file)Average annual net operating income prior to consideration of recapture could be derived by applying the above formula if the income value is known.If a period-end value is present, when the period that generates income comes to an end, the discounted present period-end value can be added to the income value. In addition, costs relevant to the disposal of this property at the end of the period can be subtracted from the period-end value.
中文原文 不動產估價技術規則第47條
（因條文排版無法完整呈現內容，請詳閱完整條文檔案）一定期間之收益價格，依下列計算式求取：11－──────n’（1＋r）P＝a×────────r其中：P：收益價格a：平均一年期間折舊前淨收益r：收益資本化率n’：可收益之年數收益價格已知者，適用該公式反推平均一年期間折舊前淨收益。
一定期間終止後，有期末價值者，收益價格得加計該期末價值之現值，期末價值並得扣除處分不動產所需之相關費用。
一定期間終止後，有期末價值者，收益價格得加計該期末價值之現值，期末價值並得扣除處分不動產所需之相關費用。